Reply to post: The glitter has fallen off

Just can't catch a break, can ya, Capita? Shares tumble 40% amid yet another profit warning

Lotaresco

The glitter has fallen off

Capita's business model of rolling faeces in glitter is coming unstuck as the faecal matter dries out and the glitter falls off. It has taken a long time. The comments on the recent register article about Capita's failure to deliver the Recruiting Partnership Project showed that there's a high level of awareness among contractors about how bad things were with Capita, but government has chosen to ignore all of the warning signs. Weirdly contracts have been awarded to Capita even though previous experience has shown that they have no experience in that area of work (as with the Recruiting Partnership Project) and no real hope of success.

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