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Market pulls chain on Crapita share price after first ever profit warning

Anonymous Coward
Anonymous Coward

"Thanks all for wishing that 80k employees would lose their jobs. Nice to know people care."

Nonsense. The work would still be done. Hopefully by smaller, independent companies with some real competition. To do the work properly might actually need more people.

How can it be that the same company is contracted to collect Council Tax, yet also to charge extra for bailiffs if the payment is late, thus creating a potential conflict of interest? That kind of thing is where the problem lies; contracts written to include perverse incentives.

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