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Serco profits soar from running test-and-trace scheme, despite claims it would make ‘nothing’ from pandemic
The outsource giant said its operating profit was up by 31 per cent to £116 million in the six months to June
DISGRACED privateer Serco has seen its profits soar off the back of running the coronavirus test-and-trace scheme, despite previously claiming that it stood to make nothing from the pandemic.
The outsource giant said today that its operating profit was up by 31 per cent to £116 million in the six months to June.
Serco’s announcement came after the firm said in June that it expected to make between £120m and £125m in that period due to its work in running large parts of the national test-and-trace system.
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