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Editorial Serco's shareholder dividends expose the rotten reality of broken Britain


SERCO’S resumption of shareholder dividends after recording bumper profits is a scandal that tells a story about modern Britain.
The disgraced privateer  for how else can you describe a company fined more than £20 million as recently as 2019 for defrauding the taxpayer?  is on a roll.
Earlier this month it announced the $295m acquisition of a firm providing services to the US military, which chief executive Rupert Soames purred was “the largest defence market in the world.” Wherever vast sums of public money are available to be tapped you will find this company.
Serco has been widely panned as one of the private companies commissioned to deliver our test-and-trace service by Dido Harding. The project was a botched mess, the company having no prior experience in the area and hiring untrained workers on just over the minimum wage, who, unsurprisingly, underperformed compared with schemes run by local NHS public health teams. ....

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