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Posted

The figures don't add up on the BBC site:

 

£7.3bn turnover

Pre-tax profit: £516m

Quarter of turnover relates to government contracts

Half of business in Europe

Value of government contracts: £394m

 

£394m is nowhere near a quarter of their £7.3bn turnover...

 

Not that I'm defending G4S - I hate them as much as the next logical person - I just hate it when journos seemingly pull figures out of thin air

Posted
G4S, the company who charged £553m for security at the London Olympics, just a tad over the £282m originally quoted.

 

TBF fair to them on that one it was the gov who bunged up then happily blaimed g4s.

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