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Sopra Steria

Coverage of Sopra Steria in the Nexus archive.

Earliest in view: Jun 5 · 10:45 UTCMost recent: Jul 14 · 09:14 UTC
Co-mentioned in this coverage
Capitaorganization2UK governmentorganization1Civil Service Pension Schemeorganization1Nick Thomas-Symondsperson1Ian Lyallperson1Proactive Investorsorganization1Public Accounts Committeeorganization1UK Department for Work and Pensionsorganization1Oracleorganization1IBMorganization1Big Redorganization1Synergy clustertopic1Business Process Servicetopic1
Recent coverage
  • 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.

  • BUSINESSJun 5 · 10:45 UTCTHE REGISTER
    Capita £370M bid 40% under UK.gov estimate for Oracle HR and finance system project, court case reveals

    The UK Department for Work and Pensions (DWP) accepted Capita's £370 million bid to manage its Oracle-based HR and finance system, 42% below its own £642 million cost model. Rival bidder Sopra Steria is challenging the decision, alleging Capita's bid was abnormally low, while the DWP defends the contract as part of its shared services strategy. IBM and Big Red were separately awarded a £711 million Oracle-based SaaS contract in 2024.

Sopra Steria · Dossier · The Nexus