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Tag: Neoliberalism

Police forced to waste £millions of taxpayer’s money bailing out collapsed private forensics firm

Thirty Police forces across Britain have been forced to spend millions of pounds of taxpayer's money bailing out a private forensics company which collapsed on Friday. The collapse of Key Forensic Services (KFS) threatened to...
Private Eye just masterfully exposed the ridiculous reality of Tory cronyism

Private Eye just masterfully exposed the ridiculous reality of Tory cronyism

Since the neoliberal age began under Margaret Thatcher in the late 1970s, Britain's formerly state-owned industries and assets have been systematically sold off one by one into the hands of private companies and individuals....
Private Finance Initiatives - PFI - Theresa May, David Cameron, Tony Blar, John Major

NAO report into the extortionate £200Bn cost of PFI should sound the death knell...

25 years after Private Finance Initiative contracts were introduced by the Conservative government, the National Audit Office (NAO) has finally revealed, to the surprise of absolutely nobody, that they are tear-jerkingly expensive.  Private Finance Initiatives...
Question Time NHS Privatisation Margot James

WATCH: Furious audience members call out Tory MP over stealth NHS privatisation on...

The general public's anger at the Tories' catastrophic mismanagement of the NHS boiled over into full blown rage on Question Time last night after an audience member skillfully exposed the Tories for deliberately 'underfunding'...
Another government contractor on the brink after a 90% share price collapse and debt doubling

Another major government contractor on the brink after 90% share price collapse and debt...

"Doing a Carillion". This phrase must surely be soon for the dictionaries, defined something along the lines of: "When a corrupt Government piles contracts on to a debt-riddled private-sector contractor until huge swathes of...
WATCH: PMQs - Ruthless Jeremy Corbyn eviscerates Theresa May's over Tory Carillion debacle

WATCH – PMQs: Ruthless Jeremy Corbyn eviscerates Theresa May over Tory privatisation agenda after...

A fiercely passionate Jeremy Corbyn used all 6 questions at today's PMQs to savage Theresa May over the Tories' incompetent actions in the lead up to the current Carillion crisis, as well as blasting...
Right-wing newspapers conveniently omit the biggest news story in Britain from front pages

Right-wing newspapers conveniently omit the biggest news story in Britain from front pages

The catastrophic collapse of government contractor Carillion has the potential to make tens of thousands of British workers redundant, and the inexplicable financial incompetence of the company could easily end up costing British taxpayers...
Carillion changed rules to safeguard CEO's £multi-million bonuses shortly before crisis

Carillion changed rules to safeguard CEO’s £multi-million bonuses shortly before crisis

Newly liquidated government contractor Carillion changed their own rules to protect the multi-million pound bonuses paid to bosses from being clawed back by investors and the British taxpayer, should the company enter financial difficulties. The...
The Tories need to admit that rail privatisation has failed, or they'll see a PM Corbyn do it for them

The Tories need to admit that rail privatisation has failed, or they’ll see a...

Govia Thameslink Railways Ltd, responsible for running 19% of all passenger railway services in the UK, have overseen 146,000 services being cancelled or delayed by more than 30 minutes since 2015.  A report by the...

Whilst UK workers rely on foodbanks, your boss may have ALREADY pocketed your YEARLY...

In the first three working days of 2018, the average FTSE 100 Company CEO has earned £28,758.00 - the median wage of the average full time employee in the UK. Did you wake up this...

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