Capita plc (?Capita?) confirmed that it has received notice of termination of its mortgage services contract with The Co-operative Bank. As the Bank progresses with its strategic plan, it has decided to re-integrate its mortgage servicing operations back into the Bank. The contract, part of the Capita Experience division, was scheduled to run to November 2025 but is now expected to end on 30 November 2022. The decision is expected to have no material impact on Capita?s performance in the current or next financial year. In 2023, the contract was expected to deliver ?25 million of revenue.