Advertisement
UK markets closed

  • FTSE 100

    8,433.76
    +52.41 (+0.63%)
     

  • FTSE 250

    20,645.38
    +114.08 (+0.56%)
     

  • AIM

    789.87
    +6.17 (+0.79%)
     

  • GBP/EUR

    1.1622
    +0.0011 (+0.09%)
     

  • GBP/USD

    1.2525
    +0.0001 (+0.01%)
     

  • Bitcoin GBP

    48,575.41
    -1,442.97 (-2.88%)
     

  • CMC Crypto 200

    1,258.17
    -99.84 (-7.35%)
     

  • S&P 500

    5,222.68
    +8.60 (+0.16%)
     

  • DOW

    39,512.84
    +125.08 (+0.32%)
     

  • CRUDE OIL

    78.20
    -1.06 (-1.34%)
     

  • GOLD FUTURES

    2,366.90
    +26.60 (+1.14%)
     

  • NIKKEI 225

    38,229.11
    +155.13 (+0.41%)
     

  • HANG SENG

    18,963.68
    +425.87 (+2.30%)
     

  • DAX

    18,772.85
    +86.25 (+0.46%)
     

  • CAC 40

    8,219.14
    +31.49 (+0.38%)
     
MONEY:

Best savings accounts that offer above inflation rates

How to earn the most interest on your savings

Britain extends G4S, Serco asylum seeker contracts to 2019

Reuters - UK Focus

EDINBURGH, Dec (Shanghai: 600875.SS - news) 8 (Reuters) - Britain said it had extended by two years a contract with outsourcers G4S (Copenhagen: G4S.CO - news) and Serco to provide asylum seekers with accommodation.

Britain's interior ministry also said it would increase the budget for the service by introducing "a new higher price band for any increases in the number of asylum seekers requiring accommodation."

In a separate statement, outsourcer G4S said it now expects its loss-making Compass contract associated with the asylum-seeker contract to be "broadly in line with the onerous contract provision already established." (Reporting by Elisabeth O'Leary; editing by Kate Holton)