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....But the big concern is that across OECD countries there are 200 million people with poor skills in basic literacy and numeracy, deeply vulnerable to the forces of globalisation. These are people who have the reading skills of 10-year-olds - whose job chances are acutely at risk from outsourcing overseas or being replaced by technology. ... [Read full article on BBC ]
Tuesday 16th of May 2017 11:03:56 PM
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....Among the examples the committee found were:. The MPs said it was "unacceptable" that social media companies relied on users to report content, saying they were "outsourcing" the role "at zero expense". ... [Read full article on BBC ]
Monday 1st of May 2017 01:06:58 AM
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....But the more interesting manifesto content will relate to what the Tories say about gig economy workers. If she listened to responsible employers, the prime minister would know that fury over bogus use of “outsourcing” contracts, especially in the delivery industry, extends to boardrooms. ... [Read full article on Guardian ]
Monday 15th of May 2017 06:16:49 PM
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Latest Finance News related to Outsourcing

University of Apple  image
Source : BBC [Read Article] Tuesday 16th of May 2017 11:03:56 PM
....But the big concern is that across OECD countries there are 200 million people with poor skills in basic literacy and numeracy, deeply vulnerable to the forces of globalisation. These are people who have the reading skills of 10-year-olds - whose job chances are acutely at risk from outsourcing overseas or being replaced by technology. ...
Will Theresa May defend workers' rights? Don't hold your breath | Nils Pratley image
....But the more interesting manifesto content will relate to what the Tories say about gig economy workers. If she listened to responsible employers, the prime minister would know that fury over bogus use of “outsourcing” contracts, especially in the delivery industry, extends to boardrooms. ...
Social media giants 'shamefully far' from tackling illegal content image
....Among the examples the committee found were:. The MPs said it was "unacceptable" that social media companies relied on users to report content, saying they were "outsourcing" the role "at zero expense". ...
Russia's secret image
Source : BBC [Read Article] Thursday 20th of April 2017 11:17:03 PM
.... . But wary of a future stuck in "IT outsourcing sweatshops", she headed to St Petersburg to study further and land a bigger role. ...
Trump order to target foreign worker visa programme image
Source : BBC [Read Article] Tuesday 18th of April 2017 03:26:13 PM
.... . Tech companies contend the programme is used to recruit top talent, but some of the H-1B visas are also used for outsourcing firms. ...
Access to justice was once a worker’s basic right. Now it’s a costly luxury | Aditya Chakrabortty image
.... The physical pain and the mental illness can feed off each other. Almanza has worked as a cleaner at the University of London since 2011 and never kept her conditions from her employer, an outsourcing company called Cofely. ...
​Sweet Brexit: what sugar tells us about Britain’s future outside the EU image
....From such debates in the early years of the last century, to the corn laws of the century before, agricultural trade disputes have long played an outsized role in British politics. But the fear is that 40 years of outsourcing the issue to Brussels has left Whitehall ill-equipped to navigate the complex challenges ahead. ...
Robots to affect up to 30% of UK jobs, says PwC image
Source : BBC [Read Article] Friday 24th of March 2017 08:56:39 AM
.... . The UK is near record-low levels of unemployment and so outsourcing more repetitive tasks to robots could free up people to do more valuable work, the report found. ...
Co-op Bank warns of more branch closures as it reports £477m loss image
Source : Guardian [Read Article] Thursday 9th of March 2017 11:25:19 AM
....The losses this year were, in part, caused by the continued restructuring sparked by the deal with Britannia in 2009. There was another £36m provision for payment protection insurance mis-selling, an £82m hit for a mortgage outsourcing deal with Capita and a knock caused by the cut in interest rates by the Bank of England following the vote for Brexit. ...
FTSE 100 falls from record high as Capita slumps image
Source : BBC [Read Article] Thursday 2nd of March 2017 09:09:57 AM
. The London market finished down from Wednesday's record high as shares in outsourcing group Capita slumped 9%. ...
Capita boss to quit amid profit fall image
Source : BBC [Read Article] Thursday 2nd of March 2017 08:19:35 AM
. Capita, the outsourcing company that operates the London congestion charge, has said its chief executive is stepping down after it reported a big fall in profits. ...
Dixons and Capita to drop out of FTSE 100 image
Source : BBC [Read Article] Wednesday 1st of March 2017 08:06:23 PM
...."Dixons Carphone's share price has dropped off of late as a result of increasing competition within the sector, particularly from the likes of Amazon," said Helal Miah, an analyst at The Share Centre. Shares in outsourcing giant Capita fell after a profits warning in September. ...
FTSE 100 closes at new record high image
Source : BBC [Read Article] Wednesday 1st of March 2017 09:19:22 AM
....5% after announcing a £200m special dividend with its annual results. On the FTSE 250, outsourcing firm Mitie Group added 3. ...
Firms urged to publish ethnic breakdown image
Source : BBC [Read Article] Tuesday 28th of February 2017 03:12:53 AM
....Baroness McGregor-Smith was one of the first Asian women to lead a FTSE 250 company. She ran the outsourcing group Mitie for nearly 10 years until she stepped down as chief executive in 2016. ...
Will Pirc squeeze Apple until the pips squeak? image
Source : Guardian [Read Article] Sunday 26th of February 2017 07:00:23 AM
....Last week was a mixed one for Capita, but this one could be just bad. On Monday the outsourcing outfit – which cut its profit forecasts three times at the end of last year – wrote £50m off a number of its historical contracts and wrote down £40m of accrued income. ...
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. ...
Donald Trump, the master of unreality, must be resisted at every turn | Joseph Stiglitz image
....As a result, the importance of the rule of law, once an abstract concept to many Americans, has become concrete. Under the rule of law, if the government wants to prevent firms from outsourcing and offshoring, it enacts legislation and adopts regulations to create the appropriate incentives and discourage undesirable behaviour. ...
Baby boomers don’t deserve to be punished | Letters image
Source : Guardian [Read Article] Sunday 19th of February 2017 06:31:16 PM
.... When I started work there were always plenty of vacancies. In those days, outsourcing jobs to other countries and employing people on zero-hours contracts was unheard of. ...
Bernie Sanders supports Trump's TPP order while McCain criticizes opting out image
....The president promised the executives from Ford, Dell Technologies, Tesla and others that he would cut regulation and taxes for businesses. The decision to end TPP and warn of consequences for outsourcing was just the latest in a series of shots Trump has fired over the heads of US business. ...
Brothers jailed for trafficking people from Poland to work at Sports Direct image
....”. The men were sent to Shirebrook via Transline, an outsourcing group that supplied agency staff to Sports Direct. ...
HMRC criticised over spiralling payments to outsourcing firm image
Source : Guardian [Read Article] Tuesday 17th of January 2017 12:01:23 AM
. Tax officials ignored chaos within the outsourcing firm Concentrix and nearly trebled payments to the company despite overwhelming evidence of failure, Whitehall’s spending watchdog has disclosed. ...
Tata Sons names Natarajan Chandrasekaran new chairman image
Source : BBC [Read Article] Thursday 12th of January 2017 02:31:56 PM
....Tata Sons is the holding company for a business empire ranging from Jaguar Land Rover and Tata Steel to aviation and salt pans. IT outsourcing giant Tata Consultancy Services (TCS) is India's most-valuable company with a market capitalisation of $67bn (£55bn). ...
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. ...
Basic shop disciplines deliver Morrisons a merrier Christmas image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:13:19 PM
.... Interesting but, again, how would this be policed? It sounds like torture for tax officials already struggling to ensure compliance with minimum-wage rules. And an unwelcome effect could be companies gaming the system by outsourcing their lowest-paid roles. ...
Toyota will face 'big border tax' if Mexico plant makes US cars, Trump says image
.... or pay big border tax!” Trump tweeted. Last month Trump threatened “retribution” against companies outsourcing factory work to foreign facilities. ...
Ford cancels plans for Mexico plant as Donald Trump threatens to tax GM image
Source : Guardian [Read Article] Tuesday 3rd of January 2017 02:49:16 PM
.... For its part, Ford must slash $3bn a year from its expenditures this year and next year, the company told shareholders in the fall; it is shifting resources to electrification and automation. Ford has more often been the target of Trump’s ire over the outsourcing of jobs than GM. ...
Lloyd's of London's Inga Beale made a dame in New Year honours list image
Source : Guardian [Read Article] Friday 30th of December 2016 10:30:11 PM
....Other business leaders to be honoured include Ian Powell, the former chairman of the PwC accountancy firm, who receives a knighthood. Powell stepped down from the post in the summer and will become chairman of outsourcing group Capita on 1 January. ...
Brexit, strikes and pay revolts: the year in business image
Source : Guardian [Read Article] Wednesday 28th of December 2016 06:00:27 AM
.... By the end of the year, the Dundee-based firm outlined a dramatic plan to outsource the management of its investment funds. Ruby McGregor-Smith stepped aside after a decade running outsourcing company Mitie. ...
Amazon Go checkout-free stores look set to come to UK image
Source : Guardian [Read Article] Friday 9th of December 2016 11:54:59 AM
....The prospect of rapid automation of the retail industry has added to unease about the use of technology to replace human workers. Capita, the outsourcing company that collects the BBC licence fee, said this week it would cut 2,000 jobs and plough the cost savings into developing robots. ...
Capita capitalises on robots before new chair Powell powers in | Nils Pratley image
....The march of the robots has begun. After it has axed a couple of thousand jobs, including by outsourcing posts to India (groan), Capita wants to ramp up “a proprietary robotic solution to achieve scale automation across some of our operations”. ...
Capita to replace staff with robots to save money image
Source : Guardian [Read Article] Thursday 8th of December 2016 07:29:14 PM
. A British outsourcing company whose contracts include collecting the BBC licence fee is to replace staff with robots as it slashes costs. ...
Capita shares dive to 10-year low after profit warning image
Source : Guardian [Read Article] Thursday 8th of December 2016 11:20:33 AM
. Shares in outsourcing group Capita have crashed to a 10-year low after the company issued a second profit warning in three months and said it would start to sell assets. ...
Capita shares plunge after profit warning image
Source : BBC [Read Article] Thursday 8th of December 2016 09:18:21 AM
. Shares in outsourcing group Capita have fallen more than 14% after the company issued another profit warning and said it would sell assets. ...
Adele tickets appear online for £9,000 despite singer's efforts to stop touts image
....”. Walker said he has seen an increase in touts simply outsourcing bot activity overseas in anticipation of their use being banned in the UK. ...
Theresa May should ignore objections to publishing pay ratios | Nils Pratley image
.... A related party includes “close family members of key management” and transactions should be disclosed. It will thus be enlightening to hear Grant Thornton’s explanation of why it thought it was OK for Sports Direct to be silent about its outsourcing of some of its international deliveries to a company owned by John Ashley. ...
FTSE 100 ends flat despite good gains for miners image
Source : BBC [Read Article] Monday 21st of November 2016 09:38:31 AM
....4%. In the FTSE 250, shares in outsourcing group Mitie were down nearly 10% after it issued a profit warning and reported a £100m half-year loss. ...
Mitie withdraws from healthcare as it issues second profit warning image
Source : Guardian [Read Article] Monday 21st of November 2016 09:37:09 AM
. Mitie has published its second profit warning in two months after the outsourcing company’s customers continued to reduce spending due to rising costs and economic uncertainty. ...
FTSE 100 climbs as retail sales beat forecasts and Anglo American rises image
Source : Guardian [Read Article] Thursday 17th of November 2016 09:57:36 AM
....But Robin Speakman at Shore Capital issued a sell note:. We have examined the likely scenarios for the outsourcing services conglomerate in restructuring and conclude that guidance is subject to significant risk. ...
Neoliberalism: the deep story that lies beneath Donald Trump’s triumph | George Monbiot image
....Thatcherism and Reaganism were not ideologies in their own right: they were just two faces of neoliberalism. Their massive tax cuts for the rich, crushing of trade unions, reduction in public housing, deregulation, privatisation, outsourcing and competition in public services were all proposed by Hayek and his disciples. ...
Virgin Care wins £700m contract to run 200 NHS and social care services image
Source : Guardian [Read Article] Friday 11th of November 2016 01:10:45 PM
....“This is obviously part of a big push by Virgin to dominate the supply of community health across England. The experience so far from NHS outsourcing is that companies struggle to deliver the level of service that patients need and make a profit,” said Paul Evans, co-ordinator of the NHS Support Federation, which monitors NHS contracts being awarded to firms such as Virgin. ...
Who will be on Trump's economic team? image
Source : BBC [Read Article] Wednesday 9th of November 2016 03:07:42 PM
....He doesn't know Trump personally, but was appointed a senior trade adviser to the campaign. He is also author of the book American Made: Why Making Things Will Return US To Greatness, in which he argues for a greater focus on manufacturing, and flags up the "false promise" of green jobs and the "hidden costs of outsourcing". ...
Bright light image
Source : BBC [Read Article] Thursday 6th of October 2016 11:02:54 PM
.... "Every case will need to be assessed on its own merits. Are they outsourcing infrastructure management? Is it owned partly by others?. ...
Aviva fined £8.2m for breaking FCA rules image
Source : BBC [Read Article] Wednesday 5th of October 2016 10:40:04 AM
...."Had Aviva suffered an insolvency event during the period, customers could have suffered loss," it said. "Other firms with similar outsourcing arrangements should take this as a warning that there is no excuse for not having robust controls and oversight systems in place to ensure their processes comply with our rules," said Mark Steward, director of enforcement and market oversight at the FCA. ...
Capita's shares slump 25% on profit warning image
Source : BBC [Read Article] Thursday 29th of September 2016 08:26:31 AM
With robots, is a life without work one we'd want to live? image
Source : Guardian [Read Article] Monday 26th of September 2016 07:21:21 AM
.... They can provide support – both physical and psychological – but they’ll never actually care. He’s right but, even if robots were capable of genuine empathy, the crucial question remains: once we start outsourcing care and relationships to robots, what’s left for us? And even if there is something left, will we want to do it?. ...
Mitie outsourcing group issues profit warning image
Source : BBC [Read Article] Monday 19th of September 2016 08:52:29 AM
. Shares in outsourcing group Mitie have sunk by a quarter after it cut its profit outlook amid uncertainty over the UK's decision to leave the EU and other "economic pressures". ...
FTSE 100 ends 1.5% up as mining stocks jump on oil price rise image
Source : BBC [Read Article] Monday 19th of September 2016 08:04:50 AM
....7%, were among the strongest gainers. In the FTSE 250 index, the outsourcing firm Mitie saw its shares crash by 29% after a profit warning. ...
Protests in Germany against transatlantic TTIP and CETA trade deals image
Source : BBC [Read Article] Saturday 17th of September 2016 03:24:38 PM
....Tens of thousands of people have protested in cities across Germany against a proposed transatlantic trade deal between the EU and the US. Protesters say the Transatlantic Trade and Investment Partnership (TTIP) will lower European standards on food and environmental protection, and could lead to outsourcing and job-losses. ...
Related to :
Smart meter IT system delayed until autumn image
Source : BBC [Read Article] Wednesday 17th of August 2016 12:34:49 AM
.... So its a crucial building block of the roll-out programme. The DCC body is a wholly owned subsidiary of Capita, the outsourcing and business services firm. ...
Economic visions image
Source : BBC [Read Article] Monday 8th of August 2016 09:17:43 PM
....In his speech on Monday, Mr Trump focused mostly on increasing manufacturing jobs, which have declined by around 5 million since 2000. Much of that decline has been caused by improvements in technology, however, not outsourcing. ...

The NHS has opened my eyes to a new system of fantastic healthcare
 image
Source : Telegraph [Read Article] Saturday 6th of August 2016 08:00:00 PM
.... It also saves the NHS budget hundreds of millions of pounds a year. From every point of view, in fact, not least that of the patients, this “outsourcing” of medical care to people fully capable of providing a top-class service, but still “free at the point of delivery”, is one of the most welcome moves our public health service has ever made. ...
Outsourcing group Mitie climbs despite warning of healthcare funding crisis image
. Government spending cuts, rising labour costs and the uncertainty surrounding he EU referendum have combined to hit revenue growth at outsourcing group Mitie. ...
America's top CEOs pocket 355 times more than average workers image
Source : Guardian [Read Article] Tuesday 17th of May 2016 04:01:22 PM
....The survey comes as wage disparity and US manufacturing jobs have risen to the top of the political agenda. The Republican presidential candidate Donald Trump and Democratic rival Bernie Sanders have lambasted US industry and trade policy for outsourcing blue-collar jobs to cheaper manufacturing bases in Mexico and China. ...
HSBC starts laying off 840 IT staff in UK image
Source : Guardian [Read Article] Monday 16th of May 2016 01:01:28 PM
....HSBC has prompted union anger after it began laying off 840 IT workers as part of a £5bn cost-cutting move that will shift UK computer services operations to Poland, China and India. The outsourcing deal, which will shed 595 jobs in Sheffield and a further 245 posts lost in London, Leeds and Birmingham, is the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year. ...
Business news: Pandora, Brexit, Capita, Hiscox image
Source : Daily Express [Read Article] Tuesday 10th of May 2016 08:40:00 AM
.... . The outsourcing group said it was on track to hit profit forecasts and its organic revenue growth target of at least 4 per cent this year on the back of deals with the likes of Debenhams, Volkswagen and local authorities. ...
Oil firms have 10 years to change strategy or face 'short, brutish end' image
....The companies, increasingly facing calls from many of their shareholders to take more account of the environment, have also been stalwarts of the London stock market and important providers of dividends for British pension funds. Stephens believes the companies have spent too much time trying to maximise shareholder value by finding and proving more reserves while outsourcing key operations. ...
Barkley Plastics flourishes after joining forces with other Midlands manufacturers image
....Its expertise lies in a host of areas including automation, casting, CNC machining, controls systems, forging, precision pressings, plastic injection moulding, sheet metal fabrication, prototyping and stamping. The access amounts to a full outsourcing solution that runs from design through to production. ...
Veolia vows to recruit 10% of workforce from marginalised groups image
Source : Guardian [Read Article] Monday 18th of April 2016 05:05:38 PM
....Veolia, the rubbish collection and road sweeping company, has vowed to ensure that 10% of new recruits come from marginalised groups – including army veterans, ex-offenders, long-term unemployed and the homeless. The French-owned outsourcing company employs 14,000 people in the UK and operates water, waste management and energy services for local councils across the country, covering half the UK’s population. ...
Clock ticks for Tata steel as bidders given until the end of the month image
Source : Daily Express [Read Article] Sunday 17th of April 2016 12:01:00 AM
. The board of Tata, whose activities include cars, hotels, IT outsourcing, chemicals and tea, will meet on May 28 to decide which of the bidders it will hold talks with. ...
Free trade has won: adapt or die is the only option left to us | Miriam Gonzáles image
.... Fighting those trends makes sense only if you are of such an age and means that you can afford the luxury of whingeing about the present and dreaming nostalgically about the past, but if you are still trying to make your way in life, you have to embrace change and adapt. Companies are rightly responding as quickly as possible to those new demands and, as a result, we are witnessing a level of international outsourcing that we could never have imagined. ...
From pricing analyst to board of directors in seven years image
Source : Guardian [Read Article] Thursday 7th of April 2016 01:09:01 PM
....”. Costello, who joined the board of directors in January, has also developed a team of internal energy assessors, enabling the business to offer energy auditing directly to clients rather than outsourcing to a third-party provider, which has increased profits. ...
Being self-employed means freedom. Freedom to be abused and underpaid | Aditya Chakrabortty image
.... But I’ve seen the IWGB win other seemingly impossible fights with the same canny mix of tough demands, direct protest and willingness to keep pushing. They’re going after some of the trickiest and most important targets in British capitalism: the businesses that make billions out of outsourcing contracts and cheap labour. ...
The ‘invisible hand’ won’t save the British steel industry. State aid can | Ian Greenwood image
.... Foundation industries account for 17% of UK manufacturing gross value added and 20% of manufacturing employment. Research from the USA shows that where advanced economies suffer from a defect in R&D and competitiveness it is because of the neglect and outsourcing of these basic industries that provide an infrastructure through which skills, R&D and innovation are nurtured. ...
Why do the Tories want to hide who owns our country’s land? | Charles Arthur image
....So who wanted privatisation? As the campaigner Owen Boswarva has pointed out, not small businesses, legal representatives or councils. It was big companies such as the outsourcing firm Capita, IBM, and private equity group Silver Lake Europe. ...
Japan's NTT to buy Dell unit for $3bn image
Source : BBC [Read Article] Monday 28th of March 2016 10:31:30 AM
....NTT Data will take on Dell's 28,000 employees in North America and India. In a filing to the Tokyo Stock Exchange, NTT Data said the purchase will enhance its cloud and business-process outsourcing (BPO) services. ...
Topshop owner worth £4.3bn; store cleaners say wages don’t cover rent and food image
.... Nearly 200 London hospital cleaners and domestic staff employed by US multinational Aramark went on strike on 21 March demanding increased wages and protesting against restricted entitlements to sick pay and overtime. Contractor companies claim outsourcing is the answer for a more efficient workplace. ...
Capita drops 2% on growth worries image
Source : Guardian [Read Article] Tuesday 22nd of March 2016 11:31:41 AM
. Capita is one of the leading fallers in the FTSE 100, down more than 2% on concerns about the outlook for the outsourcing group and suggestions it may need to raise cash. ...
How do companies cope with memory loss? image
Source : BBC [Read Article] Monday 21st of March 2016 01:17:53 AM
.... How, then, do you run complex systems, see through long-term projects, or avoid past mistakes?. Short-term contracts and outsourcing reduce the appetite for learning company or product history. ...
Care staff could sue company over wages image
Source : BBC [Read Article] Thursday 17th of March 2016 12:04:07 AM
.... . The company is owned by the outsourcing giant Mitie. ...
Capita cuts jobs in restructuring image
Source : Guardian [Read Article] Monday 14th of March 2016 10:19:23 AM
....”. More generally, a recent Guardian survey showed that more than one in three public-private partnership deals signed with outsourcing companies had come back in house once the contract came to an end. ...
Prudential lifts FTSE as profits rise image
Source : BBC [Read Article] Wednesday 9th of March 2016 12:19:23 PM
....Also on the FTSE 250, shares in G4S fell by 12. 1% after its annual profits dropped by 40% to £78m, with the outsourcing firm taking a £65m charge to cover possible losses on government contracts. ...
Tackling youth unemployment in Kenya through public-private collaboration image
.... To help accomplish its goals, the company will train 110 lecturers across various industries including food and beverage, industrial automation and motion control. Digital Divide Data, an internationally acclaimed social enterprise that delivers high-quality business process outsourcing (BPO) services to clients worldwide, is providing motivated low-income youth with skills training, followed by employment opportunities for successful graduates. ...

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