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Serco
Serco Group plc is a British multinational corporation, multinational military, defence, Healthcare, health, Space industry, space, private prison, justice, Human migration, migration, customer service, customer services, and transport company. It is headquartered in Hook, Hart, Hook, Hampshire, England. The company operates in continental Europe, the Middle East, the Asia Pacific region, including Australia and Hong Kong, and North America. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index. The company was founded as ''RCA Services Limited'' in 1929, a UK-based division of the Radio Corporation of America. The company began providing technical and engineering services to the British War Office during the World War II, Second World War. During the Cold War era, it specialised in the provision of defense systems engineering and facilities management services, including the maintenance of sonar, early warning radar and satellite, satellite syste ...
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Serco Marine Services
Serco Marine Services is a Private Finance Initiative contract, with Serco, Serco Group, to deliver auxiliary services to His Majesty's Naval Service (incl. Royal Navy, Royal Marines and Royal Fleet Auxiliary). Marine Services primarily operates from the nation's three main naval bases, HMNB Portsmouth, HMNB Devonport and HMNB Clyde, but also supports training and operations overseas, as well as at various British Overseas Territories. Serco Denholm (a joint venture between Serco Group and Denholm Group) won the Marine Services contract, replacing the subsequently disbanded Royal Maritime Auxiliary Service. Denholm's participation was bought out in late 2009 by its larger partner, Serco. In 2025, Serco won a renewal of the contract to continue services for the Naval Service until 2035. History In 1976, the former Admiralty Yard Craft Service merged with the Royal Maritime Auxiliary Service to provide Marine Services for the United Kingdoms Naval Service. However, by 1996 ...
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Private Prison
A private prison, or for-profit prison, is a place where people are imprisoned by a third party that is contracted by a government agency. Private prison companies typically enter into contractual agreements with governments that commit prisoners and then pay a per diem or monthly rate, either for each prisoner in the facility, or for each place available, whether occupied or not. Such contracts may be for the operation only of a facility, or for design, construction and operation. Global spread In 2013, countries that were currently using private prisons or in the process of implementing such plans included Brazil, Chile, Jamaica, Japan, Mexico, Peru, South Africa, and South Korea. However, at the time, the sector was still dominated by the United States, United Kingdom, Australia and New Zealand. Australia Australia opened its first private prison, Borallon Correctional Centre, in 1990. In 2018, 18.4% of prisoners in Australia were held in private prisons. Arguments ...
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DMS Maritime
DMS Maritime, formerly Defence Maritime Services, is a company providing port services to the Australian Defence Force and Marine Unit. It is a subsidiary of Serco. History Defence Maritime Services was founded in 1997 as a 50:50 joint venture between P&O Maritime Services and Serco to fulfill a contract to organise tug boats and ferries and supply and maintain small boats for the Royal Australian Navy (RAN). In 2012, Serco bought out P&O's shareholding. Headquartered in Sydney, it has operations in Cairns, Darwin, Dampier, Fremantle, Western Port, Jervis Bay and Sydney. It currently operates eight oceangoing vessels and over 100 harbour craft and has around 350 staff. The services DMS is contracted to provide to the RAN include operating tug boats and lighters at RAN bases, training members of the RAN, and maintaining RAN warships. Vessels operated Auxiliaries General-purpose tenders *'' Seahorse Spirit'' *'' Seahorse Standard'' Both Vessels have been Retired and remove ...
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John Rishton
John Frederick Rishton (born 21 February 1958) is a British business executive who currently sits as the Chair of Serco and Informa. He was previously the CEO of Rolls-Royce from March 2011 to July 2015. Biography Rishton was born on 21 February 1958 in Blackpool. He graduated from the University of Nottingham with a Bachelor of Arts in Economics in 1979. He joined Ford Motor Company and worked with the company for 15 years, qualifying as an accountant and later becoming finance director of the company's Portuguese and Spanish operations. He joined British Airways in 1994 as the head of finance for the United States division. He became its chief finance officer in 2001. When the September 11 attacks took place, he was recognized for encouraging a program to re-structure the company and reduce its debt. He left BA in September 2005. Rishton joined Ahold in January 2006 as finance director and in November 2007 became head of the retailer replacing Anders Moberg. In March 2011, he ...
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FTSE 250 Index
The Financial Times Stock Exchange 250 Index, also called the FTSE 250 Index, FTSE 250, or, informally, the "Footsie 250" , is a stock market index that consists of the 101st to the 350th mid-cap blue chip companies listed on the London Stock Exchange. Description The index consists of 11 ICB sectors, three of which have a market cap exceeding £25 billion as at 31 December 2024. These are Financials, Industrials, Consumer Discretionary and together account for approximately 75% of the index's market cap. At the same date there was 9 companies with a market cap exceeding £3 billion: Polar Capital, IG, Burberry, B&M, Investec, Direct Line, Tritax Big Box REIT, Britvic, and RS Group equating to approximately 10% of the market cap. Each calendar quarter, the FTSE 250's constituents are reviewed and some companies will either exit or enter the index, resulting in irregular trading volume and price changes as market participants rebalance their portfolios. Relate ...
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Hook, Hart
Hook is a civil parish and large village in the Hart District of northern Hampshire, England. It is situated east of Basingstoke and northeast of Southampton, on the A30 national route, just north of Junction 5 of the M3 motorway. London is 41 miles (66 km) northeast of the village. The 2021 Census recorded Hook's population as 9,100. Hook railway station has direct rail links to both London Waterloo and Basingstoke with indirect routes to Reading, Salisbury, and Southampton. Rail services are provided by South Western Railway. Among the businesses located in Hook are Serco and Trimble Navigation. Between 2004 and 2006, Hook expanded eastwards with the development of the Holt Park residential area, and from 2020 northeastwards with the Green Hart Park and Oakwood Grange developments. History Until the 18th century, there were only a few scattered farms in the area. The area of Murrell Green had existed as a village previously, but lay abandoned for years. Sm ...
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Continental Europe
Continental Europe or mainland Europe is the contiguous mainland of Europe, excluding its surrounding islands. It can also be referred to ambiguously as the European continent, – which can conversely mean the whole of Europe – and, by some, simply as the Continent. When Eurasia is regarded as a single continent, Europe is treated both as a continent and Continent#Subcontinents, subcontinent. Usage The continental territory of the historical Carolingian Empire was one of the many old cultural concepts used for mainland Europe. This was consciously invoked in the 1950s as one of the basis for the prospective European integration (see also multi-speed Europe) The most common definition of mainland Europe excludes these Island#Continental islands, continental islands: the list of islands of Greece, Greek islands, Cyprus, Malta, Sicily, Sardinia, Corsica, the Balearic Islands, Great Britain and Ireland and surrounding islands, Novaya Zemlya and the Nordic archipelago, as well ...
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Asia Pacific
Asia ( , ) is the largest continent in the world by both land area and population. It covers an area of more than 44 million square kilometres, about 30% of Earth's total land area and 8% of Earth's total surface area. The continent, which has long been home to the majority of the human population, was the site of many of the first civilisations. Its 4.7 billion people constitute roughly 60% of the world's population. Asia shares the landmass of Eurasia with Europe, and of Afro-Eurasia with both Europe and Africa. In general terms, it is bounded on the east by the Pacific Ocean, on the south by the Indian Ocean, and on the north by the Arctic Ocean. The border of Asia with Europe is a historical and cultural construct, as there is no clear physical and geographical separation between them. A commonly accepted division places Asia to the east of the Suez Canal separating it from Africa; and to the east of the Turkish straits, the Ural Mountains and Ural River, and to t ...
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London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cathedral. Since 2007, it has been part of the London Stock Exchange Group (LSEG, which the exchange also lists (ticker symbol LSEG)). Despite a post-Brexit exodus of stock listings from the LSE, it was the most valued stock exchange in Europe as of 2023. According to the 2020 Office for National Statistics report, approximately 12% of UK-resident individuals reported having investments in stocks and shares. According to a 2020 Financial Conduct Authority report, approximately 15% of British adults reported having investments in stocks and shares. History Coffee House The Royal Exchange, London, Royal Exchange had been founded by the English financier Thomas Gresham and Sir Richard Clough on the model of the The Belgian bourse of Antwerp, An ...
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Radio Corporation Of America
RCA Corporation was a major American electronics company, which was founded in 1919 as the Radio Corporation of America. It was initially a patent pool, patent trust owned by General Electric (GE), Westinghouse Electric Corporation, Westinghouse, AT&T Corporation and United Fruit Company. In 1932, RCA became an independent company after the partners were required to divest their ownership as part of the settlement of a government United States antitrust law, antitrust suit. An innovative and progressive company, RCA was the dominant electronics and communications firm in the United States for over five decades. In the early 1920s, RCA was at the forefront of the mushrooming radio industry as a major manufacturer of radio receivers, and the exclusive manufacturer of the first superheterodyne sets. The company also created the first nationwide American radio network, the National Broadcasting Company (NBC). RCA was also a pioneer in the introduction and development of television, ...
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Companies House
Companies House is the executive agency of the British Government that maintains the Company register, register of companies, employs the company registrars and is responsible for Incorporation (business), incorporating all forms of Company, companies in the United Kingdom. Prior to 1844, no central company register existed and Company, companies could only be Incorporation (business), incorporated through letters patent and Act of Parliament (UK), legislation. At the time, few incorporated companies existed; between 1801 and 1844, only about 100 companies were incorporated. The Joint Stock Companies Act 1844 created a centralised register of companies, enabled companies to be incorporated by registration, and established the office of the registrar; the Joint Stock Companies Act 1856 mandated separate registrars for each of the three Jurisdictions of the United Kingdom, UK jurisdictions. Initially just a brand, Companies House became an official executive agency in 1988. All P ...
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War Office
The War Office has referred to several British government organisations throughout history, all relating to the army. It was a department of the British Government responsible for the administration of the British Army between 1857 and 1964, at which point its functions were transferred to the new Ministry of Defence (United Kingdom), Ministry of Defence (MoD). This article contains text from this source, which is available under th Open Government Licence v3.0 © Crown copyright It was equivalent to the Admiralty (United Kingdom), Admiralty at that time, which was responsible for the Royal Navy (RN), and (much later) the Air Ministry, which oversaw the Royal Air Force (RAF). The name 'Old War Office' is also given to the former home of the department, located at the junction of Horse Guards Avenue and Whitehall in central London. The landmark building was sold on 1 March 2016 by HM Government for more than British pound, £350 million, on a 250-year lease for conversion int ...
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