Corporate welfare General

Facebook and corporation tax

March 15, 2016

An interesting piece in the Conversation by Prem Sikka on Facebook’s corporation tax: Facebook looks set to pay more UK tax but it might not be as much as you think. Facebook, along with others […]

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Corporate welfare General

Support package for Sheffield Forgemasters..

February 29, 2016

Interesting story about the support package provided to Sheffield Forgemasters (who some will recall was initially denied, but then provided with, support in 2010 by the coalition government (with heavy intervention from Nick Clegg). This […]

Corporate welfare General

Corporate welfare and big pharma

February 17, 2016

Corporate welfare and drugs companies 17/02/16 12:46 The cost of drugs and other medical equipment is of growing concern to both public health systems and private health insurance companies. Regarding the former, pharmaceutical companies can […]

Corporate welfare General

Cashing in on subsidies….

February 17, 2016

RBS accused of taking £1bn in tax benefits linked to the film industry 17/02/16 12:42 Research carried out by Bloomberg claims that a number of companies were able to make billions from the use of […]

Corporate welfare General

More subsidies for fossil fuels…

February 13, 2016

Subsidies for the oil industry… 13/02/16 11:34 Interesting piece in the Guardian by George Monbiot, discussing the perversity of subsidising the oil industry in order to protect profits during the slump in oil prices. He […]

Corporate welfare General

Bailout announced for the oil industry

January 29, 2016

£500m for the Scottish oil industry 29/01/16 11:49 The UK and Scottish government’s today announced funding of more than £500m in order to support the ailing oil industry. The money will be used to improve […]

Corporate welfare General

The privatisation windfalls for private companies

January 28, 2016

Privatisation bonanza for private companies.. 28/01/16 18:40 piece in the Guardian today about cut-price privatisations which brought large cash benefits to a number of private sector companies. This is an extract: The government has been accused […]

Corporate welfare General

To subsidise or not…. The British steel industry

November 12, 2015

The British steel industry is arguing that corporate welfare provided by China is rigging the market. The UK government has accordingly promised additional support to the industry, although this will take the form of assistance […]

Corporate welfare General

Corporate welfare debate

October 1, 2015

Reponse to Giles Wilkes, Financial Times.  01/10/15 11:29 Response to £93bn of corporate welfare? What nonsense The whole purpose of my paper on corporate welfare was to trigger a debate and, insofar as Giles Wilkes has […]

Corporate welfare General

The British Welfare State in the news….

July 8, 2015

Direct aid, subsidies, tax breaks – the hidden welfare budget we don’t debate 07/07/15 10:51 Aditya Chakrabortty writes in the Guardian: “The term “corporate welfare” may sound unfamiliar to some. In the Westminster thesaurus, welfare appears […]

Corporate welfare General

CWW in the news…

July 7, 2015

Corporate welfare: the £93bn handshake 07/07/15 10:53 The Guardian”s front page lead today is based on a recent report written by Kevin Farnsworth.