Bad week: Richard Cuthbert

THE chief executive of outsourcing specialist Mouchel had to watch shares in his company fall by nearly 13 per cent on Thursday after the firm issued a profit warning.

By The Newsroom

Published 15th Oct 2010, 00:02 BST

Updated 16th Oct 2010, 01:07 BST

The company took a "more cautious view" of what it expects to earn from public sector contracts as the UK government prepares to unveil its comprehensive spending review on Wednesday.