Defence giant Babcock axes 1,000 jobs in drastic overhaul after racking up a loss of more than £1bn By Francesca Washtell For The Daily Mail Published: 22:43 BST, 13 April 2021 | Updated: 22:43 BST, 13 April 2021 Defence giant Babcock International is slashing 1,000 jobs and writing off £1.7billion from the value of the … Read more
MARKET REPORT: Shares in Babcock plunge by almost one fifth as British defence giant warns it could be forced to write down value of its contracts By Matt Oliver For The Daily Mail Published: 21:50 GMT, 15 January 2021 | Updated: 21:51 GMT, 15 January 2021 Shares in Babcock plunged by almost one fifth yesterday … Read more
Ex spy chief Sir Andrew Parker joins board of military contractor Babcock International By Daily Mail City & Finance Reporter Published: 22:16 GMT, 10 November 2020 | Updated: 22:16 GMT, 10 November 2020 Former spy chief Sir Andrew Parker has joined the board of military contractor Babcock International. Parker, 58, was MI5’s director general for … Read more