May 22, 2025
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Corporate Welfare Lures Foxconn to the US

July 29, 2017

The Guardian reports that Foxconn received an estimated $3 billion in subsidies from the state of Wisconsin in support of its plans to build an LCD screen manufacturing facility there.

Read more here: Foxconn’s $10bn move to the US is not a reason to celebrate | Technology | The Guardian

  • foxconn
  • subsidies
  • tech sector
  • united states
Many employers in the UK are not paying the legal living wage and the government is looking at ways to enforce their compliance.Previous

Director of Labour Market Enforcement Says UK Needs Stricter Enforcement of Living Wage

Martin Shkreli was convicted of federal fraud charges on August 4, 2017 in Brooklyn, NY.Next

Martin Shkreli Convicted of Fraud But His Other Crimes of Ripping Off Taxpayers Remain Unpunished

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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 […]

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Nissan, Brexit and the UK’s industrial headache

October 8, 2018

In our 2017 company report, we revealed that Nissan UK had received £800 million in corporate welfare from the UK government. The Nissan case shows a pattern of transnational corporations either getting the deal they […]

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Henry Angest, millionaire banker, has received more than half a million pounds in CAP funding via offshore holdings

May 22, 2018

Wealthy banker and Conservative donor Henry Angest has received £144,140 in CAP payments via an offshore tax haven, reports The Herald. Angest, who is a multimillionaire, is the owner of farming estates in Scotland that are […]

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Copyright: Corporate Welfare Watch 2017