A Home Office contractor that was forced to apologise for racist staff and housed migrants in “very poor conditions” was rewarded with a jump in profits from government contracts.
Mitie announced in its half-year financial results yesterday that it had made £50m in profit between March and September, following a significant increase in the cash it receives from the government. Although this represents an overall fall from the £59.2m it made in the same period last year thanks to the expiry of £40m of Covid contracts, the firm’s profit from central government contracts has soared 71% to £25.5m.
The outsourcing company’s ‘Care and Custody’ division, which provides services to the Home Office, reported a £20m jump in revenues during the same period, up 32% compared to the same six months last year.