Advertisement
UK markets open in 5 hours 27 minutes

  • NIKKEI 225

    37,932.36
    -527.72 (-1.37%)
     

  • HANG SENG

    17,201.27
    0.00 (0.00%)
     

  • CRUDE OIL

    82.68
    -0.13 (-0.16%)
     

  • GOLD FUTURES

    2,329.10
    -9.30 (-0.40%)
     

  • DOW

    38,460.92
    -42.77 (-0.11%)
     

  • Bitcoin GBP

    51,758.59
    -1,817.69 (-3.39%)
     

  • CMC Crypto 200

    1,393.30
    -30.80 (-2.16%)
     

  • NASDAQ Composite

    15,712.75
    +16.11 (+0.10%)
     

  • UK FTSE All Share

    4,374.06
    -4.69 (-0.11%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

Capita cuts 2016 profit forecast, to sell assets

Reuters - UK Focus

Dec (Shanghai: 600875.SS - news) 8 (Reuters) - British outsourcer Capita (LSE: CPI.L - news) said it planned to sell a raft of assets in a bid to protect its balance sheet after client indecision following Brexit prompted it to cut its profit forecast again.

Capita said it would sell the majority of its Capita Asset Services division and a number of other businesses.

The group said it now expected 2016 underlying profit before tax to be at least 515 million pounds ($651 million), compared with a forecast made in September of between 535 million pounds and 555 million pounds.

($1 = 0.7908 pounds) (Reporting by Elisabeth O'Leary and Kate Holton, editing by Sarah Young)