Edition:
United States

Elisabeth O'Leary

Serco swims against outsourcing tide with bright 2019 outlook

Feb 21 2019

EDINBURGH Britain's Serco raised its 2019 profit and revenue forecasts on Thursday, buoyed by a run of recent contract wins that mark a bright spot in a troubled outsourcing sector beset by what CEO Rupert Soames called "the fog of Brexit".

UPDATE 2-Serco swims against outsourcing tide with bright 2019 outlook

Feb 21 2019

EDINBURGH, Feb 21 Britain's Serco raised its 2019 profit and revenue forecasts on Thursday, buoyed by a run of recent contract wins that mark a bright spot in a troubled outsourcing sector beset by what CEO Rupert Soames called "the fog of Brexit".

Britain to tackle doubts about outsourcing risks with new guidelines

Feb 20 2019

EDINBURGH Britain's government will take measures to identify and reduce risks taken by private firms that provide public services, it will say on Wednesday, in a bid to encourage companies that have become increasingly wary of taking on new government business.

Scotland to step up efforts to keep EU citizens after Brexit, Sturgeon says

Feb 18 2019

EDINBURGH Scotland will step up efforts to persuade EU citizens to stay after Brexit, its First Minister will tell French lawmakers on Tuesday, amid concerns about potential workforce shortages in the largest of the United Kingdom's three smaller nations.

Standard Life Aberdeen preps for job cuts: sources

Feb 15 2019

LONDON/EDINBURGH Standard Life Aberdeen (SLA) plans a fresh round of job cuts in the coming weeks as part of a broader cost overhaul aimed at shoring up investor confidence after a year of heavy outflows of client cash, four sources told Reuters.

Babcock eyes expansion but sees no quick fix for 'nightmare' year

Feb 06 2019

LONDON Britain's Babcock aims to expand its foreign business but will not chase risky growth to resolve a "nightmare" period in which the engineering group's management and stock price came under fire, Chief Executive Archie Bethel said on Wednesday.

Too little too late? No-deal Brexit planning shakes service suppliers

Feb 05 2019

LONDON From Britain's hospitals and schools to its prisons and armed forces, firms supplying essential public services have been asked by the government to outline plans for a no-deal Brexit.

RPT-Less Scottish fish for EU diners without Brexit deal -fishermen

Feb 01 2019

* Scottish fishermen to catch less to avoid no-deal border chaos

Less Scottish fish for EU diners without Brexit deal - fishermen

Jan 31 2019

EDINBURGH Fewer Scottish langoustines, scallops and salmon will reach the plates of gourmands in the European Union if there is a no-deal Brexit because border delays could mean they rot before they can be delivered, fishing officials said.

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