Capita: the writing was on the wall, but some didn't see it

The spectacular collapse of Carillion failed to break the spell big names hold over the CityExperts have long been flagging up the ailing health of outsourcing firms, which make their money by running services for central and local government as well as private companies that are trying to cut costs.The recent collapse of Carillion, which had contracts with the government to provide services such as NHS cleaning, school dinners and prison maintenance, has intensified the spotlight on the sector.