News

Capita brushes off training debacle

Mike Simons
Rod Aldridge, chairman of IT outsourcer Capita, yesterday (22 February) insisted that the debacle over the government's Individual Learning Accounts scheme had not damaged the firm's relationships with the government.

He made the claim after announcing record profits growth and sales wins as he presented Capita's annual results.

The Individual Learning Account scheme was shut down last November after the discovery of fraud and security failures in IT systems run by Capita.

The House of Commons education select committee is carrying out a major investigation into the failure of the £200m scheme.

The Association of Computer Trainers, which represents the three largest training companies involved in the Individual Learning Account scheme this week said the government should not award Capita any further work until the ILA scheme had been investigated and lessons learnt.

In its statement to the Stock Exchange, however, Capita appeared to put the blame for any problems on the government for problems with the ILA systems.

"The IT and administrative system that Capita implemented was discussed and designed to meet the client's detailed service specification," the Capita results stated.

The company reported pre-tax profits of £53m for 2001, up from £40m the year before with turnover up 52% to £691m. Half the increased turnover came from organic growth and the remainder from take-overs.

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