Wednesday, 13 October 2010
A4e was the 6th biggest supplier to the Department of Work and Pensions in 2009 / 10, according to a table you can find on the Indus Delta site. The company got £150,835,957.26 for its services, making it the biggest of the welfare-to-work contractors. £151m is a lot of money; but remember it's income, not profit. Working on the basis that A4e takes 4% in profit (the figure Emma Harrison gave not long ago) that's £6,033,440 profit for the year, just on services to the DWP. Not bad.