Serco shares slide as UK insourcing plans weigh on sector
Serco Group shares slipped on Wednesday as the UK government pushed forward with efforts to take more public services in-house, moves that weighed on the prominent outsourcing company. The stock fell 1.4% to 241 pence in early London trading. The FTSE 250, which tracks mid-cap UK stocks, also moved lower, off 0.4% by 0936 GMT as the broader UK market eased.
