G4S said it will give credit notes worth £24.1 million to the Government after an independent review found the security firm had overcharged for its electronic tagging contracts.
The firm said the review of the contract showed that its justice division had "wrongly considered itself to be contractually entitled" to bill the Government, but stressed there was no evidence of dishonesty or criminal conduct.
Electronic tagging contracts run by G4S and rival firm Serco are currently under a criminal investigation by the Serious Fraud Office.
More top news
The MP for Kettering has pleaded with Lindsay Lohan to honour her Twitter pledge to switch on the town's Christmas lights.
Home Secretary Amber Rudd told ITV News that the most vulnerable children from the 'Jungle' camp were going to be brought to Britain.
A cloudy afternoon for many areas across the UK. The winds also strong with gusts on western coasts of Scotland. Temperatures remain mild.