Business
Memorandum of Understanding with UK Government
Memorandum of Understanding with UK Government.
About this update from Tribal Group Plc
[{"type":"text","content":"\n \n\n\n\n\n\nRNS Number : 7982B Tribal Group PLC 24 February 2011 \n \n\n \nTribal Group plc\n \nTribal signs Memorandum of Understanding with UK Government\nTribal Group plc (\"Tribal\" or \"the Company\"), a leading provider of public sector services in the UK and internationally, today announced that it has reached an agreement to assist the UK Government in delivering efficiency savings.\nAs well as helping to deliver savings, the agreement forms part of a wider, more co-ordinated approach by government to procuring services to generate greater efficiencies in government spending. All of Tribal's current projects and contracts will remain in place and continue to be delivered as planned and the agreement will not materially affect the Company's financial performance. \nPeter Martin, CEO of Tribal, said: \n\"We have had a series of constructive discussions with the Government about how Tribal can make efficiency savings across a number of existing contracts and services. \n\"The agreement marks an important step for Tribal, as it demonstrates our commitment to work closely with government in supporting improvements in the quality and efficiency of essential public services.\" \n-End-\n For further information, please contact: \n\n\n\n\nTribal Group plc \nPeter Martin, Chief Executive \nSteve Breach, Group Finance Director \n\n\nTelephone: 020 7323 7100 \n \n\n\n\n\nWeber Shandwick Financial\nNick Oborne\nStephanie Badjonat \nClare Thomas\n\n\nTelephone: 020 7067 0700 \n\n\n\n\n \nEditors' note: \n \nTribal is a leading public sector services company. We provide service delivery, advisory and technology solutions focused on improving the quality and effectiveness of public services in the UK and internationally. Tribal's core markets are education, health and government. \n \nOur people are sector experts and we work in partnership with a wide range of organizations, including schools, hospitals, local authorities, housing associations and government departments. Tribal has approximately 1,800 staff and our work spa...