So far, there has been precious little sign of the “Brexit dividend”. We don’t seem to realise that we’ve left the EU and there are gains to be had.
This week has seen a case in point. French company Sodexo has been awarded the contract to make post-Brexit border checks. It beat London-listed Wincanton to run Inland Border Facilities for HM Revenue & Customs.
Wincanton holds the current contract, worth £71 million. The work will now transfer to Sodexo in June this year.
The stock market gave its verdict, marking Wincanton shares down by nearly a quarter and wiping more than £100 million off the company’s worth. The British firm said it was “extremely disappointed” not to have been awarded the new contract. That’s polite corporate-speak for a mood that is unprintable here.
This story is from the March 10, 2023 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 10, 2023 edition of Evening Standard.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Don't Want Botox? Then Try These Alternatives
From microcurrents to lasers, there are other ways to tackle ageing skin, says Madeleine Spencer
It's high time the Borthwick regime delivers on promise
England boss needs a statement win and the All Blacks are up first
Bukayo Saka
The making of a London icon
Even Ridley Scott thinks our big screens are epic
Outernet is now one of London's top attractions --but the man behind it isn't resting on his laurels
Laura Bailey on why Margate is her favourite escape in the UK
Incredible light, sea air, galleries galore and only two hours from Victoria: it's the model and photographer's dreamland...
The Old Operating Theatre
St Thomas Street, SE1
Can drugs like Ozempic really help to getthe economy firing again?
Labour's plan to give the unemployed weight-loss jabs may have unintended consequences, reports William Hosie
AI is the new frontier of perfumery...But just how fragrantare these scents?
Choosing a signature scent is a highly personal experience. Not only do preferences differ greatly, but certain perfumes react differently depending on your skin. Bergamot top notes may be intoxicating on one person's wrist, but seem soapy on another.
Is it time to ditch the apps and embrace the science of love at first sight?
The chemistry of love isn't just a romantic ideal - it's a scientific reality, discovers
A poetic puzzlebox
This lyrical novel sets out to dazzle and terrify
