The early termination of the Virgin Trains East Coast franchise for East Coast rail means a massive corporate welfare boon for Stagecoach.
Corporate welfare General

Operators and government blamed for rail failure

September 28, 2018

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 […]

Did you know?

Top 10 Recipients of Corporate Welfare

May 30, 2018

Did you know that the Top 10 recipients of corporate welfare in England received 80 percent of all funds distributed within the region between 2004 and 2017, according to our Corporate Welfare Database? It’s worth […]

What will be the impact of the UK's AI Sector Deal on jobs?
Corporate welfare General

Government announces £1bn+ AI Sector Deal

May 8, 2018

The government announced in late April 2018 details of its new AI Sector Deal, which includes £300m of newly allocated funding to the AI sector. For its part, the private sector tech industry has promised nearly £1bn […]

The newsletter of Corporate Welfare Watch for April 2018.
Newsletter

Newsletter: April 2018

April 25, 2018

Our newsletter for April 2018 focused on the taxpayer-funded Persimmon executive payout, the massive $8.5bn incentives package the state of Maryland has offered Amazon for HQ2 in the US, job cuts in the UK auto […]

The newsletter of Corporate Welfare Watch for March 2018
Newsletter

Newsletter: March 2018

March 29, 2018

Our newsletter for March 2018 is focused on government funding for the Industrial Strategy, new plans for taxing turnover of large online firms in the UK and EU, and recent events that featured Kevin Farnsworth of […]

The newsletter of Corporate Welfare Watch for February 2018.
Corporate welfare General

Newsletter: February 2018

March 2, 2018

Our newsletter for February 2018 is focused on the fallout of PFI practices, including a special feature blog post by us which showcases research on the topic. Click here to read the newsletter.