|Bid||0.0000 x 0|
|Ask||0.0000 x 0|
|Day's Range||1.2400 - 1.2400|
|52 Week Range||1.2400 - 2.1550|
|Beta (5Y Monthly)||0.47|
|PE Ratio (TTM)||31.00|
|Forward Dividend & Yield||0.01 (1.04%)|
|Ex-Dividend Date||May 13, 2020|
|1y Target Est||N/A|
These are grim times. For a bit of uplift turn to Ian Dury, poetic punk rocker who penned Reasons to be Cheerful in the UK’s winter of discontent in 1979. Lombard picked out a few tips. A bit of grin and ...
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Britain's accounting regulator said on Tuesday it had fined Deloitte's audit engagement partner Ross Howard for misconduct in the audit of Serco Geografix's 2012 financial statements. The Financial Reporting Council (FRC) said Howard had been severely reprimanded and will have to pay a discounted settlement of 78,000 pounds, ending the regulator's investigation into Deloitte's audit of Serco Georgrafix.
British public-services outsourcer Serco reported a 29% jump in first-half underlying trading profit driven by its American business and said on Wednesday it was confident of growing faster than the market for the next two years. Profit at Serco, which provides health, security and immigration services to governments, rose to 51 million pounds ($62 million) on revenue that rose 6% at constant currency to 1.48 billion pounds. Serco, which is coming to the end of a restructuring programme, stuck to its full-year guidance given in a trading update at the end of June.
Deloitte and a senior partner have been fined and severely reprimanded for misconduct over the audit of Serco Geografix (SGL), an outsourcer that on Thursday formally settled a six-year criminal investigation into fraud and false accounting. Auditing watchdog The Financial Reporting Council said on Thursday it had fined Deloitte 4.23 million pounds ($5.32 million) and audit engagement partner Helen George 97,000 pounds after they admitted misconduct for audits in 2011 and 2012.
A division of Britain's Serco is close to securing a deal under which it will pay a 19.2 million pound ($24 million) fine that looks to draw a line under a long-running scandal over how it billed for electronic tagging contracts. Serco, one of Britain's largest government contractors, said on Wednesday its Serco Geografix (SGL) unit and the UK Serious Fraud Office (SFO) had reached a Deferred Prosecution Agreement (DPA), the SFO's fifth court-approved corporate plea-bargain since such deals were introduced in 2014. A judge has granted approval in principle for the DPA, which allows a prosecution to be suspended for a defined period if specific conditions are met.