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

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 […]

No Picture
CW News Archive

Corporate Welfare Lures Foxconn to the US

July 29, 2017

The Guardian reports that Foxconn received an estimated $3 billion in subsidies from the state of Wisconsin in support of its plans to build an LCD screen manufacturing facility there. Read more here: Foxconn’s $10bn […]

UK government is putting money into driverless and low-emissions vehicles.
Corporate welfare General

Government announces additional support for driverless cars

July 15, 2016

In addition to changes to the road network, the government have announced two major lines of investment to support the development of autonomous (driverless) cars. In July 2016, the government added £30m to the Intelligent Mobility Fund to […]

Corporate welfare General

Company accused of tax-dodging granted public money

March 27, 2016

AstraZeneca and its partners awarded £93m in grants 13/10/15 09:51 Today’s Guardian features Aditya Chakrabortty’s piece on tax avoidance and mentions my disclosure that AstraZeneca and its partners extracted over £93m in InnovateUK funding between […]

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

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

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 […]