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The company has been in crisis since July when the government accused it of charging to electronically tag offenders who were dead or in prison.
Security companies G4S and Serco are to hand over their contracts to electronically tag criminals following fraud allegations over the way they charged the government.
Chris Grayling, the justice secretary, has said that security companies G4S and Serco are to hand over their contracts to electronically tag criminals following fraud allegations over the way they charged the government.
Pressure has remained on Buckles and the company over the past 10 months, underlined by the Ministry of Justice's decision last week to investigate whether G4S and Serco were overpaid for contracts to electronically tag offenders.
In a bid to curb impressions that community sentences are a soft alternative to prison, the prime minister is also proposing to electronically tag offenders and prevent them from leaving home for most of the day.
Two major private security firms face an investigation into whether they were overpaid for contracts to electronically tag criminals.
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The researchers found a significantly lower re-arrest rate among people who were electronically tagged.
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