The Royal Mail Statutory Pension Scheme (RMSPS) will continue to be administered by Capita plc, following the renewal of its contract with the cabinet office for six years from 2026, with an option to extend for a further two years. Capita was reappointed following a competitive selection process. As part …
Read More »Capita renews contract to administer Royal Mail statutory pension
Capita announced the renewal of its contract with the Cabinet Office to administer the Royal Mail Statutory Pension Scheme (RMSPS) on Tuesday, for an additional six years from 2026. The London-listed outsourcing specialist said the contract included an option to extend for a further two years, following a competitive selection …
Read More »Capita cyberattack could cost the firm £20m
Capita has warned investors that it might face a financial setback of up to £20 million due to last month’s cyberattack that resulted in disturbances for the firm’s customers. Capita informed the London Stock Exchange in a statement on Wednesday that despite successfully minimising the effects of the cyberattack, it …
Read More »Capita reveals cyber attack set to cost it up to £20m
O utsourcing firm and government contractor Capita has revealed it will take a hit of up to £20 million from a recent cyber attack that saw some customer, supplier and staff data accessed by hackers. The group, which is a major contractor for local authorities, said investigations into the incident …
Read More »Capita reveals cyber attack set to cost it up to £20m
Holly Williams, PA Business Editor 10 May, 2023 08:08 Outsourcing firm and government contractor Capita has revealed it will take a hit of up to £20 million from a recent cyber attack that saw some customer, supplier and staff data accessed by hackers. The group, which is a major contractor …
Read More »Pension details could have been stolen in major cyber hack, regulator fears
Hundreds of pension schemes have been ordered to check whether their data was stolen by cyber criminals during a major hack of Britain’s biggest outsourcer. In the latest twist following a serious cyber attack on Capita, The Pensions Regulator said it had told schemes that use the company as an …
Read More »FTSE 250 movers: William Hill surges on broker note; Capita slides
William Hill surged after Jefferies upped its price target on the buy-rated stock. “William Hill boasts the leading US sports betting market share, yet we see zero value priced in. US competitive positioning continues to strengthen with: 1) An enlarged retail footprint due to the Caesar’s deal; and, 2) Launch …
Read More »FTSE 250 movers: Amigo dives, Capita leaps
London’s FTSE 250 was down 0.36% at 19,596.33 in afternoon trade on Thursday, as Amigo Holdings led the index lower. Meanwhile, Intu dived lower for the second session in a row as analysts at Goldman Sachs slashed their price target for the stock from 84p to 40p the day after …
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