SECURITY profiteer G4S announced yesterday the sell-off of its children’s services in Britain, including a youth prison where staff were alleged to have bullied children.

The decision came a month after five men working at the company’s Medway Secure Training Centre in Kent were arrested on suspicion of assault and child neglect.

Despite revenues of around £40 million a year, G4S said it was ditching children’s services “in line with a continuing review of [its] business portfolio.”