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ShoreCap downgrades Serco to 'hold'

Published by Michele Maatouk on 13th November 2024

(Sharecast News) - Shore Capital downgraded Serco on Wednesday after the outsourcer said last week that it had lost its long-running Australian immigration detention centres contract and estimated that changes to employer national insurance contributions would increase labour costs by £20m a year.

URL: http://www.digitallook.com/dl/news/story/34688623/...

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