SERCO


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AcronymDefinition
SERCOScience and Engineering Research Council (UK)
References in periodicals archive ?
Rebecca Jeffs, HR Director in Serco Middle East; gave an inspirational speech at the event honouring their exceptional work and contributions.
The gathering showcased the achievements of Serco ME's female employees and comprised a series of activities as part of the annual celebrations taking place throughout the UAE.
Serco sparked controversy over plans to change locks on the homes of unsuccessful asylum seekers, with hundreds facing homelessness in the coming weeks.
Serco will compete for work in the areas of program management, engineering design, and installation support services on all ship classes to include Aircraft Carriers, Surface Combatants and submarines of the US Navy fleet.
This acquisition doubles the size of Serco's business supporting the US Navy.
Serco was recently granted platinum membership in the UAE's Tatween Programme, a scheme implemented by the country's Ministry of Human Resources and Emiratisation to boost nationals' employment.
The Financial Reporting Council's (FRC) fine was reduced to PS4.2m after the auditor admitted misconduct in connection to the scandal, which involved Serco overstating profit on the contract it had with the Ministry of Justice.
Serco has previously paid a PS70m settlement to the MoJ in December 2013.
Serco admitted it was "mortified" as it said its UK subsidiary, Serco Geografix, has taken responsibility for three offences of fraud and two of false accounting committed between 2010 and 2013 relating to understating profits from the contracts with the Ministry of Justice.
The firm admitted it was "mortified" as it said its UK subsidiary, Serco Geografix, has taken responsibility for three offences of fraud and two of false accounting committed between 2010 and 2013 relating to understating profits from its electronic monitoring contracts with the Ministry of Justice (MoJ).
Shares in Serco were 0.8% lower in London on Thursday at 143.30 pence each.
The council and Serco have worked together for 10 years and the contract extension will see that partnership continue for another four years.