SERCO’S payment of dividends to shareholders was branded an “outrage” today after the firm reported bumper profits partly derived from its taxpayer-funded Covid test-and-trace scheme.
Dividends totalling £17 million will go to shareholders in the private outsourcing giant in its first such payouts for seven years.
Serco chief executive Rupert Soames said that gains from coronavirus-related contracts amounted to just 1 per cent of the company’s profits, but he admitted that they added £350m in revenue.
The election offers a critical chance to shape the future of pay, care and community provision in Wales, says Unison’s JESS TURNER
If we can tackle the big issues, like delivering decent public services and affordable state-built and owned housing by making the richest pay a fair amount of tax, Labour can win back the trust and support of the electorate, argues ANDY McDONALD MP



