Profits boosted by lucrative contrasts to run criticised Covid test-and-trace programme
The outsourcing company Serco has announced it will repay government furlough scheme support and give staff £100 bonuses each in recognition of their work during the pandemic.
Serco has been running much of the UK government’s contact tracing operation. The furlough scheme repayment will cost about £3m while about 50,000 frontline staff will receive the one-off bonus payments, at a cost of £5m.