July 17, 2024

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Airbus A380

Airbus and the Corporate Welfare Gravy Plane!

March 11, 2019

We have written before on the way in which governments subsidise aircraft manufacturers. To build an aircraft requires huge investment and risk and both are beyond many companies.  Governments also have an interest in continual […]

Outsourcing company Working Links ceases work

February 18, 2019

One of the UK’s biggest providers of probation services has collapsed. Working links, an employment and probation services company entered administration on 15 February. The outsourcing company had been severely criticised by inspectors. The Chief […]

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Corporate welfare General

Rise in public sector contracts awarded to single bidder

January 14, 2019

Almost one quarter of public sector contracts awarded in 2018 went to sole bidders.  The Financial Times  reports that the number of contracts awarded without competitive tender rose to 23 per cent in 2018.  In 2016, […]

Corporate welfare General

Universities and the threat of bankruptcy within fake markets

November 22, 2018

Universities offer the opportunity to gain new knowledge, learn new skills, and to build the foundations for future careers.  But these opportunities come at a cost  – universities, perhaps often seeming like unflappable, unwavering institutions, […]

The EU wants to begin taxing the turnover of major tech firms Google, Facebook, Amazon and Apple, rather than profits.
Corporate welfare General

Amazon HQ subsidies exceed $4.6 billion

November 19, 2018

Amazon is set to receive around $4.6 billion in corporate welfare from the US taxpayer, reports Good Jobs First. These subsidies are used by states to entice Amazon to locate operations and investment within their […]

Kevin Farnsworth argues that corporate welfare should not be increased, rather needs more regulation.
Corporate welfare General

Crossrail gets £350m government bailout

October 29, 2018

The UK government has announced a £350m bailout for the delayed Crossrail project. Crossrail, is a new east-west rail line running through London. The route, to be known as the Elizabeth Line was due to […]

Corporate welfare General

Virgin Rail Group profits rise despite franchise failure

October 15, 2018

Virgin Trains and Stagecoach shared a £51.2m payout from the West Coast Main Line franchise, it has  emerged. Together, Virgin Trains and Stagecoach own the West Coast Main Line franchise operator – Virgin Rail Group. […]

Counting the Costs

FTSE 100 company subsidies
Did you know?

FTSE 100 companies get over half a billion in state support

February 18, 2019

FTSE 100 companies received £583,854,691 in government subsidies, according to research carried out by Corporate Welfare Watch. The Government’s bank bailout meant that the financial sector received the most subsidies. Away from banking, notable recipients […]

Did you know?

Top 10 Recipients of Corporate Welfare

May 30, 2018

Did you know that the Top 10 recipients of corporate welfare in England received 80 percent of all funds distributed within the region between 2004 and 2017, according to our Corporate Welfare Database? It’s worth […]

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Follow the Money

EU subsidies help James Dyson to farming profit

October 4, 2018

Higher EU agricultural subsidies helped the farming business of Sir James Dyson to make a profit for the first time last year. Beeswax Dyson Farming generated a pre-tax profit of £747,000, compared to a loss […]