Serco prepares for life after Covid-19 as NHS Test and Trace winds down

Serco is preparing to live with Covid-19. CEO Rupert Soames said today that around £60 million of profit linked to Covid-19 contracts is likely to disappear this year as governments around the world roll back controls. The UK government this week announced an end to free testing and contact tracing. Outsourcer Serco has been a major beneficiary of the billions spent on NHS Test and Trace, a programme dubbed “muddled, overstated, [and] eye-wateringly expensive” by MPs last year.