In the Media

G4S and Serco reveal profit hit over electronic tagging

PUBLISHED March 12, 2014

Outsourcing giants G4S and Serco have revealed huge falls in profits following the ending of their contracts with the Ministry of Justice to supply electronic tagging.

Last year the companies were stripped of their contracts with the MoJ after it emerged that they had overcharged the government 'tens of millions of pounds' by tagging people who were dead, in prison or who had left the country.

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