The whole article is written in code. I have managed to de-cypher it...
finish its contract early
= Fired.
significant quality failures
= They couldn't do the job.
a new company would be appointed in early 2015
= we haven't learnt the lesson and we will repeat the mistake again.
[I] the settlement was "in the best interests of all parties". [I]
= it would be embarrassing to admit the private sector f*cked us over, so we are not going to sue them for not fulfilling their contract.
[I] "We will be transferring our infrastructure and employees to ensure consistency of service to those going through the process. [I]
= Nothing really changes except the name, the service will continue to be consistently bad.
Atos said it was seeking to end its government contract
= We've been rumbled, let's scarper.
the Department for Work and Pensions...put a plan for improvement in place.
= Were fed up of all the complaints and decided to sack Atos.
the DWP said standards had declined unacceptably.
= Atos knew they were going so stopped spending any of the contract money delivering the service.
the government was looking for a provider to replace Atos
= Has anyone got Serco's phone number?
Atos will not receive a single penny of compensation
= Atos made a ton of money out of us for two years which was good while it lasted.
Atos has made a substantial financial settlement to the department.
= they have paid back the money we gave up front for work which will now not be done by them.
[I] "We are pleased the government have allowed us to exit this contract early and we remain committed to delivering essential services to the UK government as a strategic supplier." [I]
= Thanks for all the money, we look forward to more contracts when we have renamed and the flak has died down.