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