Table of Contents
Overview
Catalyst
Summary
GS - a brief potted history
An overview of services
A global operation
A history of controversy
Early days in the spotlight
The death of Jimmy Mubenga
A debacle of Olympic proportions
Company performance
A solid start to life
The cost of failure
Governmental outsourcing in the UK
Establishing a trend of outsourcing public services
Criticism of outsourcing monopolies
No apparent change in policy
Unsecured world: losing contracts at home and abroad
UK children's services business
Rainsbrook
Medway
Tagged, dead or alive
BBC Inside Out reveals early problems
Repaying the government, and having the contract “stripped” from them
Two years later, and still tagging
Negative headlines add up on the domestic front
The red door scandal
HMP Oakwood: Prison of the (dystopian) future
Overseas embarrassments
Accusations of torture and death in South African prison
Australian PNG detention center
Pressure surrounding involvement in Israel
Restructuring
A change at the top
New markets
Cutting away the dead wood
Failings mask restructuring work
Future prospects
Angling for new UK contracts
Continuing to grow the global business
Further streamlining
Conclusions
Restructuring, greater oversight and new markets are key
Appendix
Sources
Further Reading
Ask the analyst
About MarketLine
Disclaimer

List of Figures
Figure 1: Sources of revenue (2015)
Figure 2: Revenue by region (2015)
Figure 3: G4S logo
Figure 4: G4S revenues, £bn, 2004 - 2015
Figure 5: G4S profits
Figure 6: Asylum seekers' doors painted red by G4S subcontractor
Figure 7: Police outside HMP Oakwood during January 2014 riot
Figure 8: Revenue percentage by market
Figure 9: G4S employee numbers
Figure 10: G4S share price