UK loaned £1.7bn to foreign fossil fuel projects despite pledge 06/01/15 15:33 Details the loans provided by the UK government to the oil industry… Adam Vaughan writes: “The UK government has provided well over a […]
Source: £8 billion giveaway used to boost corporate tax competitiveness – Election 2015 – IFS
An article in the Independent today estimates that the final cost to the taxpayer from the collapse of USC – a subsidiary of Sports Direct – will cost £700,000. The article states that: The papers […]
Unions call for North Sea tax breaks as oil slump threatens jobs Interesting article which makes clear the potential wider social benefits from direct forms of corporate welfare…. Terry Macalister and Severin Carrell write that: “The role of the […]
Capita profits surge bolstered by UK government outsourcing Capita profits surge bolstered by UK government outsourcing Gill Plimmer writes that: Capita reported a 16 per cent surge in interim pre-tax profits to £238m bolstered by a […]
In-work benefits and poverty Article by Andrew Grice in the Independent about the growing costs of in-work benefits
The vast sums spent on corporate welfare are very rarely discussed Below is an article written for the Scottish Herald by Prem Sikka. Sikka argues that: “THE Westminster government is committed to welfare reform and that has involved […]
Research undertaken by CRESC, Manchester, estimate that the private train companies are taking out £2.47 for every pound they put in. http://www.theguardian.com/commentisfree/2013/nov/04/rail-privatisation-train-operators-profit
From the government press release: Vince Cable welcomes Nissan’s new investment in the UK, supported by Government funding. Jobs for more than 2,000 people are expected to be created by Nissan at its Sunderland plant […]
Who pays the Tesco CEO’s wages of £6.9m a year? We do Excellent article by Zoe Williams on some indirect and hidden subsidies to Tesco. See also details of the direct grant awarded to Tesco in […]
Peugeot’s opposition to UK subsidies aimed at Nissan. Mark Milner writes:”The head of one of Europe’s biggest car makers has attacked the European commission’s decision to approve British government aid for the Nissan plant in Sunderland. Jean-Martin […]
Copyright: Corporate Welfare Watch 2017