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The Nexus
BUSINESSJul 14 · 09:14 UTCTHE REGISTER

How do you solve a problem like Capita?

Capita's share price dropped 9% after it announced a financial hit due to issues with its UK government contract for the Civil Service Pension Scheme (CSPS), which left some members unpaid. Analysts downplayed the impact, noting the contract's small size relative to Capita's overall revenue, while the UK government faces challenges in replacing the contract due to operational complexity. Legal disputes and concerns over staffing levels also affect Capita's ongoing public sector contracts.

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