By Chris Holbrook, 22 February 2001 17:17
NEWS The London-based firm won £700m of contracts in 2000, including a £400m, 10-year contract, to set up and administer the criminal records bureau for the Home Office and has announced an operating profit of £53.1m for the year - up 46 per cent on 1999. The company is also in the hunt to win further government contracts that it claims could be worth £10bn by 2006. Rodney Aldridge, chairman of Capita, said in a statement: "The pressures on local authorities to enhance and modernise their services continue to fuel the growth of this market. We are well positioned to continue to benefit from this." Last month Capita signed a 10-year contract with Abbey National Plc worth £323m to develop and manage the processing activities of the bank's insurance business.
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