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Protected: Did you know that the finance sector captured 60% of all UK corporate welfare?

May 15, 2018

The Did You Know series by Corporate Welfare Watch
(George Hodan/Creative Commons)

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What will be the impact of the UK's AI Sector Deal on jobs?Previous

Government announces £1bn+ AI Sector Deal

The Did You Know series by Corporate Welfare WatchNext

Did you know that just 10 companies capture nearly all corporate welfare for transport?

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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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The government has authorised the sale of 5.3bn in Bradford & Bingley mortgages to recoup the final amount loaned by taxpayers.
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UK recoups final £5.3bn in outstanding Bradford & Bingley loan

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Government is set to recoup the final £5.3bn in an outstanding loan to Bradford & Bingley that was part of the 2008 Financial Services Compensation Scheme. A group of investors led by Barclay’s Bank is set […]

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Pound notes folded into the shape of a house symbolize the UK governments bailout of the financial sector in 2008. The Government has just announced it will sell £3bn in home mortgages acquired from Bradford & Bingley.
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SkyNews reports that the Government announced at the end of April 2017 that it will sell £3 billion in Bradford & Bingley mortgage loans in an auction that is likely to follow the June elections. […]

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Copyright: Corporate Welfare Watch 2017