Airbus A380
Corporate welfare General

Airbus and the Corporate Welfare Gravy Plane!

March 11, 2019

We have written before on the way in which governments subsidise aircraft manufacturers. To build an aircraft requires huge investment and risk and both are beyond many companies.  Governments also have an interest in continual […]

Corporate welfare General

Outsourcing company Working Links ceases work

February 18, 2019

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 company subsidies
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FTSE 100 companies get over half a billion in state support

February 18, 2019

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 […]

Corporate welfare General

Crime soars under outsourced probation service

January 14, 2019

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 […]

Corporate welfare General

Rise in public sector contracts awarded to single bidder

January 14, 2019

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, […]

Corporate welfare General

Universities and the threat of bankruptcy within fake markets

November 22, 2018

Universities offer the opportunity to gain new knowledge, learn new skills, and to build the foundations for future careers.  But these opportunities come at a cost  – universities, perhaps often seeming like unflappable, unwavering institutions, […]

The EU wants to begin taxing the turnover of major tech firms Google, Facebook, Amazon and Apple, rather than profits.
Corporate welfare General

Amazon HQ subsidies exceed $4.6 billion

November 19, 2018

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 […]

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 […]

Corporate welfare General

New UK farm subsidy regime proposed

September 28, 2018

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”. […]

Corporate welfare General

Overseas budget as corporate welfare

September 13, 2018

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 […]