Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking and Finance Review

Global Banking and Finance Review - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > UK's Serco gets $1.24 billion recruitment contract from defence ministry
    Headlines

    UK's Serco gets $1.24 billion recruitment contract from defence ministry

    Published by Global Banking and Finance Review

    Posted on February 6, 2025

    1 min read

    Last updated: January 26, 2026

    An image capturing the UK Parliament's debate on proposed changes to the assisted dying law, reflecting ongoing discussions about terminally ill patients' rights. This legislative shift aims to enhance the process of assisted dying in the UK.
    Illustration of UK Parliament discussing assisted dying law changes - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    Serco Group wins a $1.24 billion contract from the UK Ministry of Defence to manage recruitment for the Royal Navy, Army, and Air Force over seven years.

    Serco Secures $1.24 Billion UK Defence Recruitment Deal

    (Reuters) - Serco Group said on Thursday it has been selected by the UK Ministry of Defence for a 1 billion pound ($1.24 billion) contract to provide recruitment services for the Royal Navy, the British Army, the Royal Air Force and Strategic Command.

    The initial term of the contract is for seven years, outsourcer Serco said, adding that the contract can be worth up to 1.5 billion pounds should the Ministry of Defence elect to exercise three one-year extension options.

    ($1 = 0.8054 pounds)

    (Reporting by Prerna Bedi in Bengaluru; Editing by Shounak Dasgupta)

    Key Takeaways

    • •Serco awarded a $1.24 billion contract by UK Ministry of Defence.
    • •Contract covers recruitment for Royal Navy, Army, and Air Force.
    • •Initial contract term is seven years with extension options.
    • •Potential contract value up to 1.5 billion pounds.
    • •Serco to provide recruitment services for Strategic Command.

    Frequently Asked Questions about UK's Serco gets $1.24 billion recruitment contract from defence ministry

    1What is the main topic?

    The article discusses Serco Group securing a $1.24 billion contract with the UK Ministry of Defence for recruitment services.

    2What services will Serco provide?

    Serco will provide recruitment services for the Royal Navy, British Army, Royal Air Force, and Strategic Command.

    3How long is the contract term?

    The initial contract term is seven years, with options for three additional one-year extensions.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Russian comedian jailed for nearly six years over war veteran joke
    Russian comedian jailed for nearly six years over war veteran joke
    Image for EU envoys agree details of 90 billion euro loan for Ukraine
    EU envoys agree details of 90 billion euro loan for Ukraine
    Image for Germany seeks broader spy powers to counter rising hybrid threats
    Germany seeks broader spy powers to counter rising hybrid threats
    Image for Hungary's Orban orders tax lawsuit dropped, mayor says it's an attack on rule of law
    Hungary's Orban orders tax lawsuit dropped, mayor says it's an attack on rule of law
    Image for Forint seen falling from 2-year high as CEE currencies stay near peaks: Reuters poll
    Forint seen falling from 2-year high as CEE currencies stay near peaks: Reuters poll
    Image for EU lawmakers decide to resume work on enacting U.S. trade deal
    EU lawmakers decide to resume work on enacting U.S. trade deal
    Image for Russian comedian jailed nearly six years over war veteran joke
    Russian comedian jailed nearly six years over war veteran joke
    Image for Tesla UK sales plunge in January as Chinese rivals race ahead, New Automotive data shows
    Tesla UK sales plunge in January as Chinese rivals race ahead, New Automotive data shows
    Image for Olympics-Italy foiled Russia-linked cyberattacks on embassies, Olympic sites, minister says
    Olympics-Italy foiled Russia-linked cyberattacks on embassies, Olympic sites, minister says
    Image for Russia says uranium proposal for Iran is still on the table
    Russia says uranium proposal for Iran is still on the table
    Image for 'Angel Meloni' scrubbed off Rome church painting on priest's orders
    'Angel Meloni' scrubbed off Rome church painting on priest's orders
    Image for Stepson of Norway's crown prince cries in court, denies videos on his phone show rape
    Stepson of Norway's crown prince cries in court, denies videos on his phone show rape
    View All Headlines Posts
    Previous Headlines PostFactbox-Gun ownership rules in Sweden
    Next Headlines PostIMF says it's too early to gauge impact of US foreign aid cuts, tariffs