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Labour calls Serco’s decision to pay millions to investors ‘outrageous’

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Firm to pay dividend after enjoying bumper year boosted by £350m NHS test and trace Covid contract

The Labour leader, Sir Keir Starmer, has criticised Serco’s decision to hand investors millions in dividends after enjoying a bumper year boosted by its £350m contract to run the heavily criticised NHS Covid-19 test-and-trace programme.

The outsourcing giant has announced it is to resume dividend payouts after a seven-year interval, with a £17m distribution, following a pandemic year in which profits almost doubled.

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