Breaking news
Furious G4S fights back over £3bn takeover bid: Canadian rival Garda World swoops on troubled British security giant By James Salmon for the Daily Mail Published: 21:51 BST, 14 September 2020 | Updated: 22:06 BST, 14 September 2020 Scandal-prone G4S has accused a private equity backed Canadian rival of exploiting the coronavirus crisis to mount … Read more
On the day when the future of British technology jewel ARM Holding is on the line, it is hard to get agitated by a Canadian bid for outsourcing group G4S. A succession of scandals since the London Olympics in 2012, when G4S came close to undermining a great celebration of the UK, left its reputation … Read more
Former G4S directors charged with with defrauding the Ministry of Justice in electronic tagging scandal By Daily Mail City & Finance Reporter Published: 22:39 BST, 8 September 2020 | Updated: 23:04 BST, 8 September 2020 Charged: Richard Morris, the former managing director of G4S Care and Justice Services Three former G4S employees have been charged … Read more
G4S executives are charged with defrauding Ministry of Justice in scheme that saw firm fined £38.5million The three senior executives will appear at Southwark Crown Court next month Prosecutors charged each of them with seven offences of false representation Richard Morris, Mark Preston and James Jardine are all due to stand trial The alleged fraud … Read more
Security giant G4S has been ordered to pay £44.4 million to avoid prosecution after ‘very substantially’ overcharging the Government for tagged criminals – including some who had died. The Serious Fraud Office (SFO) and G4S agreed a fine of more than £38.5 million and costs of £5.9 million after a near-decade-long probe found three counts … Read more
Security giant G4S has been ordered to pay £44.4 million to avoid prosecution after ‘very substantially’ overcharging the Government for tagged criminals – including some who had died. The Serious Fraud Office (SFO) and G4S agreed a fine of more than £38.5 million and costs of £5.9 million after a near-decade-long probe found three counts … Read more
MARKET REPORT: Security giant G4S soars 9.3% after it unveils shake-up plans that could see it axe 1,150 jobs By Francesca Washtell For The Daily Mail Published: 21:51 BST, 13 July 2020 | Updated: 21:51 BST, 13 July 2020 Investors piled into G4S after the security giant said profits would trump expectations and unveiled a … Read more
DIRECTORS’ DEALS: G4S boss Ashley Almanza awarded stock worth almost £2.6m By Daily Mail City & Finance Reporter Published: 21:50 BST, 10 April 2020 | Updated: 23:23 BST, 10 April 2020 G4S boss Ashley Almanza has been awarded stock in the security firm worth almost £2.6million at current prices. The 57-year-old South African will be … Read more
Shares in G4S hit a 16-year low after a slew of one-off charges pushed it into the red. The security services giant swung to a loss of £91million in 2019, down from a profit of £81million the year before. Its books were rattled by £291million of impairment charges, mostly relating to its UK cash business, … Read more