Woodford: G4S Olympics criticism like ‘medieval persecution'

Invesco Perpetual's Neil Woodford has said the criticism directed by MPs at G4S CEO Nick Buckles over Olympics security was like a "medieval persecution'.

Woodford, who holds G4S within his portfolios, said Parliament's grilling of Buckles last month could make companies reconsider business ties with the UK, according to the Daily Telegraph. The government was forced to draft in members of the armed forces to help with Olympic security last month after G4S said it would not be able to provide the 10,400 members of staff to which it had committed. The group said in its interim results this morning that it would take an estimated £50m hit over the contract, but Woodford said the home affairs select committee's actions were "terribly damag...