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



