Monday 23 October 2017

MoJ Contract - Agencies' revenues

23 October 2017

[…] Leeds-based professional translation and interpreter company thebigword has appointed a global operations director and new board member.
Mark Daley has been promoted to the role of global operations director and board member, three years after he joined the language services provider as head of translation operations in August 2014.
He has since taken responsibility for the group's global translation, and played a key role in the successful implementation of the £120m Ministry of Justice contract, which added 40 per cent to group revenues. […]

UK-based Capita Translation and Interpreting (Capita TI) filed its full year 2016 results on October 6, 2017. The results show a 10% decrease in revenues and a slight 1.2% uptick in pre-tax profit. Revenues fell to GBP 30.8m (USD 40.6m) in 2016 from GBP 34.05m (USD 44.9m) in 2015. Pre-tax profit rose slightly to GBP 2.27m in 2016 from GBP 2.02m the year before.
Capita TI’s General Manager Antonio Tejada confirmed to Slator that the revenue decrease was caused by the discontinuation of the controversial UK Ministry of Justice (MoJ) interpreting contract. […]

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