One of the UK’s biggest providers of probation services has collapsed. Working links, an employment and probation services company entered administration on 15 February. The outsourcing company had been severely criticised by inspectors. The Chief […]
FTSE 100 companies received £583,854,691 in government subsidies, according to research carried out by Corporate Welfare Watch. The Government’s bank bailout meant that the financial sector received the most subsidies. Away from banking, notable recipients […]
Serious crime committed by offenders on parole increased by 50 per cent following the Government’s reforms to the probation service. The official data for England and Wales refers to Further Serious Offence reviews (SFOs). An […]
Almost one quarter of public sector contracts awarded in 2018 went to sole bidders. The Financial Times reports that the number of contracts awarded without competitive tender rose to 23 per cent in 2018. In 2016, […]
Amazon is set to receive around $4.6 billion in corporate welfare from the US taxpayer, reports Good Jobs First. These subsidies are used by states to entice Amazon to locate operations and investment within their […]
FirstGroup made a £40m dividend from Great Western Railway (GWR) last year, despite previously exiting its GWR contract to avoid paying £800m to the government. FirstGroup has run GWR since it was privatised in 2006. […]
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 […]
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. […]
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 […]
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 […]
The UK Government is planning major changes to how farming is conducted and how farmers are paid. Legislation introduced to Parliament on 12 September would replace payments linked to land with funding for providing “public goods”. […]
The UK Government recently announced that it will reorient its development programme so that it more directly supports UK national interests. Speaking in Cape Town on 28 August 2018, Teresa May outlined a “fundamental strategic […]
The UK’s East Coast rail franchise, failed because the private operator’s revenue projections were “over ambitious”, MPs have concluded. The Intercity East Coast (ICEC) franchise has failed three times in just over a decade. In […]
Copyright: Corporate Welfare Watch 2017