1 week ago US firm that tests eligibility for UK disability benefits reports 23% rise in profits

British arm of Maximus is biggest provider of functional assessment services for DWPThe British arm of a US contractor that tests whether some people in the UK should receive disability benefits has reported a 23% rise in profits.Maximus, a Virginia-based business, reported an increase in pre-tax profits for its UK arm from £23.6m to £29.1m in its financial year to the end of September, accounts lodged at Companies House show. Its revenue rose 2%, from £294m to £300m. Continue reading...

Economics

1 week ago US firm that tests eligibility for UK disability benefits pays £10m in dividends

British arm of Maximus, which provides DWP assessments, reports a 23% rise in pre-tax profit in annual figuresThe British arm of a US contractor that profits from testing whether some people in the UK should receive disability benefits has paid £10m in dividends to its investors.Maximus, a Virginia-based business, reported a 23% rise in pre-tax profit for its UK arm, from £23.6m to £29.1m, in its financial year to the end of September, accounts lodged at Companies House show. Its revenue rose 2%, from £294m to £300m. Continue reading...

Economics

1 week ago US firm that tests eligibility for UK disability benefits pays out £10m in dividends

British arm of Maximus, which provides DWP assessments, reports a 23% rise in pre-tax profit in latest annual figures The British arm of a US contractor that profits from testing whether some people in the UK should receive disability benefits has paid out £10m in dividends to its investors.Maximus, a Virginia-based business, reported a 23% rise in pre-tax profit for its UK arm, from £23.6m to £29.1m, in its financial year to the end of September, accounts lodged at Companies House show. Its revenue rose 2%, from £294m to £300m. Continue reading...

Economics

1 week ago Mayfair landlord Grosvenor delivers rise in profits to £86.4 million

Higher profits allowed Grosvenor to pay record £52.4m dividend to family trusts

Economics

3 w. ago Landsec swings to profit as London rents rise and shops get bigger

Landsec swings to profit as London rents rise and shops get bigger  Yahoo

Economics

3 w. ago Sony's profits rises on robust performance for music, movies and games

Japanese technology and entertainment company Sony is reporting an 18% rise in profit for the fiscal year through March thanks to the robust performance of its music and video-game operations

Culture