Business services group Mouchel has warned that its profits for the year would be just £30.5m before “exceptional items”, such as the £23m cost of making 2,000 people redundant last year, are taken into account.
The company carries out a wide range of consultancy and management services across the public sector and has been hit by the loss and retrenchment of many contracts.
Mouchel is currently suing Westminster City Council over a £50m parking enforcement...
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