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. […]

Corporate welfare General

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 […]

FollowTheMoney

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 […]