Steve Beasant

Liberal Democrat Prospective Parliamentary Candidate for Great Grimsby and Councillor for the East Marsh Learn more

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Vince Cable on Capita profit warning: Time for thorough government review of outsourcing

by Steve Beasant on 31 January, 2018

Outsourcing giant Capita has issued a profit warning and review of the business this morning.

Responding, Liberal Democrat leader and former Secretary of State for Business, Innovation & Skills Vince Cable said:

“Coming only a couple of weeks after Carillion’s collapse, this profit warning highlights concerns over handing outsourcing contracts to just a few big companies, though we note there is a turnaround plan in place.

“We need a proper government review of the outsourcing model and assurances from ministers that they are factoring in any risk on Capita projects.”

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