SECURITY firm G4S confirmed its failure to provide enough guards for the London Olympic Games will cost it around £50 million.
SECURITY firm G4S confirmed its failure to provide enough guards for the London Olympic Games will cost it around £50 million.
SERVICE: Members of the armed forces were deployed to the Olympic Park in Stratford. Picture: Reuters
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TIM SHARP CITY EDITOR
The company's shares dropped 5.2p, or 2%, to 261.4p.
But there were signs that City attitudes are changing towards the company as analysts at both Panmure Gordon and Seymour Pierce raised their target prices for the stock, although they still see little or no upside from current levels.
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