Learn more

By Bethany Wales Outsourcing firm Capita has swung back into the black as it ploughs ahead with a cost-cutting programme it hopes will save the company £160m by the end of its financial year. The London-listed firm reported a pre-tax profit of £60m in the first six months of 2024, compared with a pre-tax loss of almost £68m in the same period in 2023. It said profit was boosted by £38.1m gains on the sale of businesses, including Fera. Meanwhile its revenue dipped to £1.2bn during the half, down slightly from just under £1.5bn in the first six months of 2023, it The total value of contracts wo…

cuu