Locks and Security News: your weekly locks and security industry newsletter
27th March 2024 Issue no. 698
Your industry news - first
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Security firm G4S makes £5m of savings for Lincolnshire Police
A security company has been able to make £5m of savings for a police force a year after taking over its back office functions. Lincolnshire Police signed a £200m contract with G4S, the world's largest security company, last April. At the time G4S committed to making £3.6m - 13.6 per cent - of savings a year but in a report published reviewing the first year, the firm said it had been able to make savings of 18 per cent or £5m, the equivalent of an extra 35 officers on the streets.
As part of the partnership, 575 civilian staff were transferred to G4S.
3rd July 2013