Our newsletter for April 2018 focused on the taxpayer-funded Persimmon executive payout, the massive $8.5bn incentives package the state of Maryland has offered Amazon for HQ2 in the US, job cuts in the UK auto […]
The Universities of Leicester, Southampton, Surrey, Edinburgh and Open University have been given £4.8m by the government’s Connecting Capability Fund to fund research and innovation in the space industry. The universities are part of the Space […]
Nissan, a company that has received nearly £800m in corporate welfare since the mid-1980s, has announced that it will cut ‘hundreds’ of jobs at its Sunderland plant due to declining demand for diesel vehicles. Nissan […]
The state of Maryland in the US has amassed an $8.5bn incentives package for Amazon, hoping to land the company’s HQ2 in the suburbs outside Washington, D.C. The Hill reports that this is one of the […]
Jaguar Land Rover, a company that has received more than £127m in corporate welfare since 2005, announced on 13 April 2018 that it is cutting 1,000 jobs at its Solihull plant in the West Midlands. […]
As part of its Industrial Strategy, the UK government is investing an additional £8m into a programme aimed at commercialising university research. The programme is funded by Innovate UK as part of UK Research and Innovation […]
The news, reported by The Guardian in March, that Persimmon paid three executives a combined salary of £104m in 2017 highlights a key problem of UK corporate welfare practices — they can be exploited by individuals […]
Three projects in the North East of England were awarded a total of nearly £15m as part of the Industrial Strategy, Government announced in late-March 2018. Recipients include Northern Accelerator, a university consortium led by Durham […]
The UK government announced the launch of a creative industries Sector Deal on 28 March 2018, following up on its promise made in the Industrial Strategy. The deal commits £150m in joint investment by government […]
Copyright: Corporate Welfare Watch 2017