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. The security firm G4S appears to have been making more profit than its contract allows from the immigration removal centres (IRCs) it runs for the government, according to an internal document seen by the Guardian. ... [Read full article on Guardian ]
Wednesday 13th of September 2017 05:36:45 PM
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. The head of two G4S-run detention centres has been placed on administrative leave after a series of scandals, the Guardian has learned. ... [Read full article on Guardian ]
Friday 15th of September 2017 03:13:59 PM
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. A Home Office employee has been suspended after claims of abuse and assaults against detainees at a G4S-run immigration centre. ... [Read full article on Guardian ]
Saturday 2nd of September 2017 01:17:38 PM
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Head of G4S detention centre quits after abuse allegations image
Source : Guardian [Read Article] Friday 22nd of September 2017 05:21:52 PM
. The head of a G4S-run immigration removal centre, which was the subject of an undercover BBC Panorama investigation over allegations of bullying and abuse, has resigned with immediate effect. ...
Head of scandal-hit G4S detention centres is put on administrative leave image
Source : Guardian [Read Article] Friday 15th of September 2017 03:13:59 PM
. The head of two G4S-run detention centres has been placed on administrative leave after a series of scandals, the Guardian has learned. ...
G4S may make more profit than allowed from removal centres, figures suggest image
Source : Guardian [Read Article] Wednesday 13th of September 2017 05:36:45 PM
. The security firm G4S appears to have been making more profit than its contract allows from the immigration removal centres (IRCs) it runs for the government, according to an internal document seen by the Guardian. ...
Home Office employee suspended at G4S-run immigration centre image
Source : Guardian [Read Article] Saturday 2nd of September 2017 01:17:38 PM
. A Home Office employee has been suspended after claims of abuse and assaults against detainees at a G4S-run immigration centre. ...
G4S abuse claims prompt call for contract suspension image
Source : Guardian [Read Article] Friday 1st of September 2017 04:29:22 PM
. The private security company G4S is to continue with its bid to renew its contract to run an immigration removal centre near Gatwick airport despite suspending nine staff on Friday after fresh claims of abuse and assault against detainees. ...
Mears Group cuts profits forecast in wake of Grenfell Tower fire image
Source : Guardian [Read Article] Tuesday 15th of August 2017 01:00:41 PM
....6% at 448p, having been down by 11% at one stage. Russ Mould, an investment director at AJ Bell, commented: “Delays to social housing contracts in the wake of the Grenfell Tower disaster mean that Mears will miss its budgets for the year and add to a litany of woe for the support services sector, where firms such as Aggreko, G4S, Interserve, Carillion, Serco and Mitie have already badly disappointed, albeit for a wide range of different reasons. ...
Sing sing: prison choir connects local employers to former offenders image
Source : Guardian [Read Article] Wednesday 9th of August 2017 05:53:10 AM
....So she and Phillips called 176 local bosses, inviting them to meet the choir. An initial concert inside G4S-run Birmingham prison in November went well, says Phillips. ...
Britain is still a world-beater at one thing: ripping off its own citizens | Aditya Chakrabortty image
.... Neither David Cameron nor Theresa May would countenance the British government creating a new power station, but they will pay way over the odds for foreign governments to do so. Want more examples? Think about the giant outsourcing industry, where a multinational such as G4S can fail to lay on enough guards for the 2012 London Olympics and charge taxpayers for phantom electronic tags on dead criminals – and still be put in charge of securing the Royal Mint. ...
G4S awarded £25m government contract despite fraud inquiry image
Source : Guardian [Read Article] Monday 10th of July 2017 04:50:36 PM
. Critics have raised questions over a Ministry of Justice decision to award the private security firm G4S a £25m contract for the electronic tagging of offenders despite an ongoing Serious Fraud Office investigation. ...
G4S rejoins FTSE 100 as Debenhams drops out of FTSE 250 image
Source : BBC [Read Article] Wednesday 31st of May 2017 05:56:36 PM
. In the latest reshuffle of the FTSE share market indexes, security company G4S is rejoining the FTSE 100. ...
Reactor goes here ... the £18bn Hinkley Point C starts to take shape image
Source : Guardian [Read Article] Friday 21st of April 2017 01:05:27 PM
.... New offices are being thrown up. An internal bus service ferries people around the site, while a 100-strong security force run by G4S patrols it. ...
EU workplace headscarf ban 'can be legal', says ECJ image
Source : BBC [Read Article] Tuesday 14th of March 2017 11:08:02 AM
....This is the court's first ruling on the wearing of headscarves at work. The ECJ's ruling was prompted by the case of a receptionist fired for wearing a headscarf to work at the security company G4S in Belgium. ...
FTSE 100 ends lower after Budget speech image
Source : BBC [Read Article] Wednesday 8th of March 2017 09:03:23 AM
....25% higher. Other strong performers included the world's largest security firm, G4S, which jumped 8% following a strong set of results. ...
High levels of violence and use of force at last G4S-run child jail, report finds image
. Levels of violence at the last G4S-run child jail have been “very high” and the number of times staff have used force has doubled in the past year, according to an inspection report. ...
Budget 2017: Is G4S trying to bury its results on Wednesday? image
Source : Guardian [Read Article] Sunday 5th of March 2017 12:01:28 AM
. The ability of G4S to turn its security work into total farce – particularly just before it makes announcements to the City – has wowed the Square Mile for years. ...
Vast losses at RBS are a legacy of a failed system | Will Hutton image
Source : Guardian [Read Article] Sunday 26th of February 2017 12:05:15 AM
.... British banks have paid more than £53bn in fines for misconduct, notably in the mis-selling of personal protection insurance policies, over the past 15 years. Then there are the never-ending accounting and contractual irregularities that plague the public outsourcing industry, from Serco to G4S. ...
G4S to limit filming asylum seekers in their homes without consent image
Source : Guardian [Read Article] Tuesday 24th of January 2017 06:13:26 PM
. G4S has partially backed down in a row about filming asylum seekers in their own homes without their consent after campaigners threatened to sue the security firm for alleged privacy breaches. ...
G4S filmed asylum seekers in their own homes without consent image
Source : Guardian [Read Article] Tuesday 24th of January 2017 03:24:00 PM
. Campaigners are threatening to sue the private security giant G4S over alleged privacy and data protection breaches after it began filming asylum seekers in their own homes without their consent. ...
Corbyn’s wage cap plan labelled unworkable but keeps pay on agenda image
Source : Guardian [Read Article] Tuesday 10th of January 2017 08:05:41 PM
.... But Stern said finding companies where the pay ratio was this low, closer to where it was in the 1990s, was difficult. Vast numbers of companies bid for government contracts from consultancies – such as Deliotte which was embroiledin a row over its warning over Brexit last November – and major outsourcing companies such as G4S and Capita. ...
Italy's political class should be very alarmed if MPS needs state bailout image
Source : Guardian [Read Article] Wednesday 21st of December 2016 07:38:35 PM
.... This state bailout looks like investors’ vote of little confidence in Italy. The sins of Serco and G4S, circa 2013, were grave. ...
Capita to replace staff with robots to save money image
Source : Guardian [Read Article] Thursday 8th of December 2016 07:29:14 PM
....The company refused to blame the Brexit vote for the disappointing update but said earlier this year that uncertainty over the UK’s relationship with the European Union had hit its business, delaying key contracts. Capita is predominantly UK-based, unlike bigger rivals, such as G4S and Serco, which have been sheltered to a large degree from the Brexit-related fallout by their bigger geographical footprint. ...
Capita shares dive to 10-year low after profit warning image
Source : Guardian [Read Article] Thursday 8th of December 2016 11:20:33 AM
.... Capita has hired Goldman Sachs to sell the unit and has already had interest, Parker said. Capita is predominantly UK-based, unlike bigger rivals such as G4S and Serco that have been sheltered to a large degree from Brexit-related fallout by their bigger geographical footprint. ...
Labour and unions demand action on temp agencies’ tax avoidance image
Source : Guardian [Read Article] Wednesday 16th of November 2016 07:00:12 AM
.... MTrec supplies workers to the NHS and a series of industrial clients. HRGO, an agency that uses a similar product, has a major contract with support services group G4S and says it supplies workers to the NHS as well as the prison service. ...
Revealed: temp agencies' avoidance scheme costs taxpayers 'hundreds of millions' image
.... Mtrec supplies workers to the NHS as well as to a series of industrial clients. HRGo, an agency that uses a similar product, has a major contract with support services group G4S and says it supplies workers to the NHS as well as the prison service. ...

G4S soars as fears of dividend cut prove unfounded
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Source : Telegraph [Read Article] Wednesday 10th of August 2016 09:13:21 AM
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Labour may be forced to cancel party conference unless deal is signed with new security company 
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. Labour may have to cancel its annual conference unless it signs a deal with a new security company after taking the decision to boycott G4S. ...

Youth prison rated 'inadequate' after inmates found to be accessing pornography
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....Police launched an investigation earlier this year following a BBC Panorama programme which went behind the scenes at the unit. The Government announced it would take over the running of the facility, which was previously run by G4S, from July. ...

Concerns G4S could cut dividend as debt levels weigh
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Source : Telegraph [Read Article] Saturday 6th of August 2016 05:00:00 PM
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Israeli anger as Qatar backs campaign for global boycott 
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Source : Telegraph [Read Article] Wednesday 3rd of August 2016 06:53:14 PM
....” But Israeli officials say the organisation is becoming increasingly effective. In June BDS claimed responsibility for persuading Kuwait to cancel its multi-million pound stake in the UK security firm G4S after claiming the company helps to run Israeli checkpoints on the West Bank, as well as running Israeli prisons holding Palestinian political prisoners. ...

Embattled G4S to sell cash machine operation to reduce debts
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Source : Telegraph [Read Article] Sunday 10th of July 2016 08:03:56 PM
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City news: LinkedIn, Pound low in EU bets, G4S hit over massacre and BHS bid image
Source : Daily Express [Read Article] Tuesday 14th of June 2016 07:45:00 AM
....---------------------------------------------------------. G4S shares hit a seven-year low, down 9½p to 178p, after it confirmed the man who killed 50 people in a Florida nightclub was an employee. ...
G4S shares plunge after Orlando killer is named as employee image
Source : Guardian [Read Article] Monday 13th of June 2016 10:06:08 AM
. Shares in G4S have fallen heavily after the UK security services company said Omar Mateen, who killed 49 people at a gay nightclub in Orlando, Florida, was an employee. ...
Scandal of G4S-run Medway youth jail deepens as five more arrested image
Source : Guardian [Read Article] Wednesday 8th of June 2016 11:30:34 PM
. A police investigation into the G4S-run child jail in Kent at the centre of allegations of abuse and use of excessive force by staff deepened after five new arrests were made, this time on suspicion of misconduct in public office. ...
The problem is not London's foreign investors – it's where their money goes image
.... With an ageing demographic, we need our population to expand; and with birth rates declining, immigration will be key to propping up the economy, the NHS and the care industry. Most asylum seekers live in housing contracted out to companies like G4S and Serco, and many of the properties are in poor condition, as the public accounts committee (PAC) has noted. ...
City news: Pizza Hut, GS4, Greggs, Imagination Technologies image
Source : Daily Express [Read Article] Tuesday 10th of May 2016 07:53:00 AM
....”. G4S has raised hopes it is on the road to recovery after winning new contracts and avoiding further financial pain on loss-making government deals. ...
EasyJet leads FTSE 100 higher but mining shares hit by poor Chinese data image
.... Reiterate sell with a reduced target price of 435p (from 450p). Among the mid caps positive trading updates have lifted G4S, up 14. ...
Justice ministry to take over Medway child jail from G4S image
Source : Guardian [Read Article] Thursday 5th of May 2016 10:45:32 AM
. The Ministry of Justice is to take over the management of a G4S-run child jail in Kent that has been at the centre of allegations of abuse and use of excessive force by staff, the Guardian has learned. ...
I can’t figure out how our British Gas meter clocked up a £1,600 bill image
. I recently received a gas bill from British Gas of more than £1,600 after a meter reading (by G4S) at the end of 2015. ...
G4S fined 100 times since 2010 for breaching prison contracts image
Source : Guardian [Read Article] Friday 15th of April 2016 09:26:36 AM
. G4S has been fined at least 100 times for breaching its contracts to run prisons since 2010, according to data obtained by Labour. ...
G4S faces £57million bill for contracted asylum seekers image
Source : Daily Express [Read Article] Thursday 10th of March 2016 07:08:00 AM
....6 per cent jump in those in its care compared with a year earlier. Numbers are about 50 per cent higher than the original assumptions, but if the Government extends the contract for a further two years, G4S estimates its bill could rocket by another £57million. ...
Suddenly, G4S looks a long way from home image
Source : Guardian [Read Article] Wednesday 9th of March 2016 07:12:36 PM
. This time last year shares in G4S were 300p, surpassing their level of 2012, the calamity year in which the firm failed to supply enough security guards to the London Olympics. ...
G4S warns of potential £57m loss over asylum-seeker housing deal image
Source : Guardian [Read Article] Wednesday 9th of March 2016 02:03:06 PM
. The private security giant G4S has warned its shareholders that it may lose £57m if the Home Office extends its contract to house destitute asylum seekers for a further two years. ...
Did you hear the one about Paddy Power Betfair? image
Source : Guardian [Read Article] Sunday 6th of March 2016 09:00:30 AM
.... Kaye knows all about that: he was notably not funny any more in the tiresome ads run by Paddy’s rival, BetVictor. This page has long been in awe of the ability of G4S to turn security work into farce – particularly just before it makes announcements to the City. ...
Revealed: G4S youth jail faced abuse claims 12 years ago image
Source : Guardian [Read Article] Friday 26th of February 2016 03:15:37 PM
. Serious allegations of abuse and bullying at a G4S-run youth prison were made more than a decade before the current controversy surrounding the secure training centre which is now to be sold off, the Guardian can reveal. ...
G4S to sell controversial youth jail contracts image
Source : Guardian [Read Article] Friday 26th of February 2016 02:39:36 PM
. The private security firm G4S is to sell its UK children’s services business, including its contracts to run two youth prisons, weeks after damning footage emerged of its staff using excessive force on children. ...
Neil Woodford sells his Royal Mail shares image
Source : Telegraph [Read Article] Tuesday 9th of February 2016 04:36:25 PM
.... . Mr Woodford said he had been buying shares in Next, G4S, Legal & General, Provident Financial, NewRiver Retail and US biotech companies over the past couple of weeks. ...
FTSE falls on economy fears but Randgold rises as it beats forecasts image
Source : Guardian [Read Article] Monday 8th of February 2016 10:03:43 AM
....75p lower at 127p after saying it would make an operating loss this year and its chief executive was stepping down. Among the mid-caps, G4S has fallen 12. ...
Britain is at centre of global mercenary industry, says charity image
Source : Guardian [Read Article] Wednesday 3rd of February 2016 07:00:27 AM
....Britain is the “mercenary kingpin” of global private military industry, which has been booming ever since the “war on terror” began 15 years ago, according to a report seen exclusively by the Guardian. The UK multinational G4S is now the world’s largest private security company, and no fewer than 14 companies are based in Hereford, close to the headquarters of the SAS, from whose ranks at least 46 companies hire recruits, says the report by British-based charity War on Want. ...
G4S bosses admit number of asylum seeker homes with red doors 'too high' image
Source : Guardian [Read Article] Tuesday 26th of January 2016 08:26:57 PM
. G4S officials and local contractors have admitted to MPs that more than half the houses accommodating asylum seekers in Middlesbrough and Stockton were painted red – but insisted it had not been done deliberately. ...
G4S paid to look after empty beds at scandal-hit Medway youth jail image
Source : Guardian [Read Article] Sunday 24th of January 2016 04:03:53 PM
. The security firm G4S is being paid for looking after empty beds in a secure training centre (STC) that is the focus of allegations of widespread abuse by staff, the Guardian has learned. ...
BT's £12.5bn EE takeover gets green light image
Source : Guardian [Read Article] Friday 15th of January 2016 08:12:21 AM
....In the beginning was Cellnet. Back in 1985, when mobile phones were the size of today’s personal computers, Cellnet was majority owned by BT, with Securicor (now known as G4S) owning the remainder. ...
Fifth man arrested over abuse claims at G4s-run young offender facility image
Source : Guardian [Read Article] Thursday 14th of January 2016 09:21:14 AM
. A fifth man has been arrested by police investigating allegations of abuse and mistreatment of young people at a facility run by the private security group G4S. ...
G4S staff fired after claims of mistreatment at young offender unit image
Source : Guardian [Read Article] Tuesday 12th of January 2016 02:11:05 PM
....Four staff have been sacked following allegations of mistreatment at a young offender institution. Security firm G4S announced the move after the screening of a BBC Panorama programme that secretly filmed at Medway secure training centre in Rochester, Kent. ...
G4S guards at youth prison alleged to have falsified reports to avoid fines image
. Guards at a children’s prison run by G4S are alleged to have routinely falsified documents in order to prevent the company being fined for “losing control” of the young people in their care. ...
Andy Burnham calls for G4S to be stripped of youth prisons contract image
Source : Guardian [Read Article] Sunday 10th of January 2016 06:51:14 PM
. The shadow home secretary, Andy Burnham, has called for G4S to be stripped of its contract to run children’s prisons after seven members of staff were suspended following abuse claims at a youth offenders institution. ...
China's largest bank buys huge 1,500-tonne gold vault in London image
Source : Telegraph [Read Article] Friday 8th of January 2016 06:43:44 PM
.... The vault became operational in June 2014 and has a capacity of 1,500 tonnes. It was built and is managed by G4S. ...
G4S hit by fresh scandal at youth offenders centre image
Source : Telegraph [Read Article] Friday 8th of January 2016 09:25:20 AM
. Security outsourcer G4S faces a fresh scandal after it suspended staff at a young offenders centre for using unnecessary force. ...
Seven G4S staff suspended over abuse claims at youth institution image
Source : Guardian [Read Article] Friday 8th of January 2016 08:50:40 AM
. Seven staff at a G4S-run young offender institution have been suspended after allegations concerning the use of unnecessary force, including claims that staff punched and slapped teenagers. ...
Hedge funds short troubled outsourcing firm G4S as shares drop image
Source : Telegraph [Read Article] Saturday 2nd of January 2016 06:10:32 PM
. A pair of hedge funds has resolved to bet against G4S this year after setting up short positions in the beleaguered outsourcing company’s shares. ...
Sports Direct boss Mike Ashley braced for another week in the headlines image
Source : Guardian [Read Article] Sunday 20th of December 2015 09:00:48 AM
.... Along with financial services firm Provident Financial, they will from Monday become part of the FTSE 100 – the index of Britain’s top companies and home to a substantial chunk of the country’s pension money – after the latest changes to the index. The moves, announced two weeks ago, come into effect this week, and see more familiar names such as supermarket group Morrisons and outsourcing and security business G4S relegated to the mid-cap index. ...
Serco profit warning sends shares crashing image
Source : Guardian [Read Article] Monday 7th of December 2015 08:58:24 AM
.... There was very little awarded in the six months in front of the election and then everyone was on hold for the comprehensive spending review,” he said. Soames has repaired relations with the UK government, which had barred Serco and its rival G4S from new government outsourced work after the scandal over offender tagging contracts. ...
Morrisons kicked out of FTSE 100  image
Source : Daily Express [Read Article] Thursday 3rd of December 2015 10:51:00 AM
....". From the close of trading on Friday, the supermarket is to be included in the FTSE 250 index, along with outsourcing giant G4S and aerospace and defence firm Meggitt. ...
Morrisons, G4S and Foxtons lose out in FTSE reshuffle image
Source : Guardian [Read Article] Wednesday 2nd of December 2015 07:19:50 PM
Two more G4S staff leave young offender centre after misconduct image
Source : Guardian [Read Article] Wednesday 2nd of December 2015 11:20:48 AM
. Two more staff at a G4S-run young offender secure training centre have left after being involved in incidents of serious misconduct, an inspection report has revealed. ...
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Morrisons falls out of FTSE 100 image
Source : BBC [Read Article] Wednesday 2nd of December 2015 09:23:15 AM
Morrisons braced for FTSE 100 demotion image
Source : Guardian [Read Article] Wednesday 2nd of December 2015 06:00:10 AM
....The Bradford-based chain is expected to slip from the list of the UK’s biggest companies in the latest quarterly review after an 11% slump in its share price over the past month alone, taking it close to a five-year low. The London Stock Exchange Group said Morrisons was likely to move into the FTSE 250 alongside the security group G4S and the engineering group Meggitt. ...
Morrisons to fall out of FTSE 100 image
Source : Telegraph [Read Article] Tuesday 1st of December 2015 07:30:48 PM
.... Morrisons will be going down in the latest FTSE 100 reshuffle  Photo: AFP. The supermarket group will also share its pain with security firm G4S and industrial group Meggitt , who will also be demoted from the FTSE 100. ...
Market Report: Investors brace for bumpy December image
Source : Telegraph [Read Article] Monday 30th of November 2015 06:49:09 PM
.... Later this week, both the FTSE 100 and 250 will be undergoing a facelift as the FTSE’s quarterly review arrives. Supermarket Morrisons, contractor G4S and engineer Meggitt are all up for demotion from the FTSE 100, while recently floated payments company Worldpay could go straight into the index. ...
Morrisons staring at FTSE 100 relegation once again image
Source : Telegraph [Read Article] Monday 23rd of November 2015 02:15:17 PM
.... . However, the shake-up is also expected to see security group G4S and British engineer Meggitt face relegation from the FTSE 100. ...
Legal & General considers an end to quarterly reporting image
Source : Telegraph [Read Article] Sunday 22nd of November 2015 08:28:11 PM
.... Since the Financial Conduct Authority dropped the requirement for quarterly updates a year ago, a handful of large companies including United Utilities, Diageo and National Grid have told investors they will keep their updates to a minimum, outside of twice-yearly financial results. Admiral and G4S have said they will not issue a public update in the spring. ...

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