Shore Capital upgrades Capita to 'buy', sees 50% upside

11th Aug 2023 08:23

(Sharecast News) - The share price of Capita was given a much-needed boost on Friday morning after Shore Capital upgraded its rating on the business process outsourcing company from 'hold' to 'buy'.

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FTSE 250 movers: Real estate stocks Savills and Derwent London sink

10th Aug 2023 15:01

(Sharecast News) - Shares in Savills plunged nearly 12% on Thursday after the real estate advisor said it is cutting its forecasts for the financial year after a tough first half which saw profits sink 72%.

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Capita to offload travel and events division

10th Aug 2023 07:55

(Sharecast News) - Capita confirmed its decision to offload its travel and events divisions, Agiito and Evolvi, to Clarity Travel on Thursday in a deal valued at £36.5m.

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Capita posts H1 loss, sees hit of up to £25m from cyber attack

4th Aug 2023 07:03

(Sharecast News) - Shares in UK government contractor Capita plunged on Friday after it posted a loss for the half-year, including taking a hit of up to £25m from a cyber attack on its computer systems.

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Capita CEO Jon Lewis to retire

31st Jul 2023 08:16

(Sharecast News) - Outsourcer Capita said on Monday that chief executive Jon Lewis is planning to retire.

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Capita awarded framework to supply Disabled Students' Allowance services

20th Jul 2023 11:49

(Sharecast News) - Outsourcer Capita said on Thursday that it has secured a contract to supply disabled students' allowance services.

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Capita extends revolving credit facility to end of 2026

3rd Jul 2023 07:21

(Sharecast News) - Capita announced on Monday that it has extended the maturity of its revolving credit facility out to 31 December 2026.

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Capita secures £50m contract with City of London Police

13th Jun 2023 12:56

(Sharecast News) - Capita has been awarded a contract by the City of London Police to deliver customer contact and victim engagement services for the force's new fraud reporting service.

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Capita sells software business for £33m

8th Jun 2023 07:49

(Sharecast News) - UK government contractor Capita said it has agreed to sell its five software businesses for an enterprise value of £33m, as the outsourcer tries to strengthen its balance sheet.

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Capita facing possible legal action over cyberattack - report

5th Jun 2023 09:50

(Sharecast News) - Capita is reportedly facing possible legal action after the outsourcer was hit by a cyberattack earlier this year.

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Capita named preferred bidder on contracts worth £565m

25th May 2023 13:05

(Sharecast News) - Capita has been selected as preferred bidder to deliver new services designed to assess how much people should be paid in benefits.

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Capita hit by fresh data breach

17th May 2023 07:43

(Sharecast News) - Outsourcing giant Capita has been accused by a client of "unsafe" data storage following an information breach.

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Capita to take up to £20m hit from cyber attack

10th May 2023 07:56

(Sharecast News) - Outsourcer Capita warned on Wednesday that it will take a hit of up to £20m from a recent cyber attack.

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Capita says customer data may have been accessed in cyber incident

20th Apr 2023 12:24

(Sharecast News) - Outsourcer Capita said on Thursday that customer, supplier or colleague data may been accessed in a cyber attack that took place last month.

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Capita hack said to have been 'far more serious' than reported

17th Apr 2023 09:33

(Sharecast News) - A recent attack on British outsourcing giant Capita by Russian cybercriminals has been said to have been "far more serious" than the company has admitted.

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