- 7 updates
G4S loses prison contact
The firm at the centre of the Olympics security shambles has lost its contract to run a jail and failed to win any further prison contracts it was bidding for, the Ministry of Justice has said.
Fact file: G4S prison contracts
The termination of G4S's contract to run the Wolds prison is another blow to the firm, following its failure to provide enough staff for the London Olympics:
- The Wolds is a category C training prison in east Yorkshire
- Holds up to 395 men
- Run by G4S since it opened in 1992
- Said to have "clear weaknesses" in HM Inspectorate of Prisons report in August
- Will return to the public sector at the end of the current contract in July 2013
- G4S shares were down 5% after the announcement
- G4S also failed in bids to land three other prison contracts
- However, the security firm still runs five other UK prisons
MoJ: Prison changes will save millions
Plans for prison reform announced today could save £450 million over the next six years, the Ministry of Justice said after private firm G4S lost its contract to run the Wolds prison.
The ongoing competition process for four prisons had "produced a compelling package of reforms for delivering cost reduction, improvements to regimes and a working prisons model in these prisons", the MoJ said.
Prison reform chief: Privatisation an 'Olympian mistake'
The Government's decision to hand over prisons to the private sector was "a mistake of Olympic proportions", said the chief executive of the Howard League for Penal Reform after G4S lost one of its contracts:
G4S 'disappointed' by prisons decision
G4S has responded to the government's announcement that the security form has lost its contract to run Wolds prison:
Justice Sec: Prison running costs 'too high'
The Justice Secretary Chris Grayling has explained a decision to move a prison security contract to the public sector:
G4S misses out on prison contracts
Security firm G4S has failed to win any of the prison contracts it was bidding for, the Ministry of Justice said.
Competitions to run Northumberland prison and the South Yorkshire group of jails - Lindholme, Hatfield and Moorland - will move to the final stage without G4S in the running.
G4S lose prison contract
G4S, the firm at the centre of the Olympics security shambles, has lost its contract to run the Wolds Prison in East Yorkshire and it will return to the public sector next year, the Ministry of Justice said.