Corporate welfare General

InnovateUK provides subsidies to develop harmful snacks

March 27, 2015

Nestle, PepsiCo and others ‘use public funds to develop harmful snacks’ 14/03/15 13:54 Sarah Boseley of the Guardian examines the use of InnovateUK grants to support subsidies to the food industry. She writes that: Obesity charities say Innovate UK […]

Corporate welfare General

Subsidising fossil fuels

March 14, 2015

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 […]

Corporate welfare General

USC collapse cost taxpayers £700,000

February 24, 2015

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 […]

Corporate welfare General

Oil industry and unions lobby for corporate welfare

December 19, 2014

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 […]

Corporate welfare General

Outsourcing: another form of corporate welfare

August 18, 2014

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 […]

Corporate welfare General

Prem Skikka on corporate welfare

March 11, 2014

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 […]

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Corporate welfare General

Rail privatisation and profits

June 14, 2013

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

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Corporate welfare General

Nissan Will Build a New Model in Sunderland

March 6, 2012

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 […]

Corporate welfare General

Subsidies to Tesco

January 18, 2012

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 […]

Corporate welfare General

Peugeot questions Nissan aid decision

February 2, 2001

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 […]