Serco wins in Dubai. The City notices.
Serco has just signed a £245m contract to run air traffic control at Dubai’s new airport.
That’s useful but just an extra 1% to an already groaning £17bn order book. Yet the shares today led the FTSE100 leader board with a 6% rise.
I guess some contracts are worth more than others, especially to the business once called ‘the biggest company you’ve never heard of’.
