privatisation

  • 11 Jul 2014

    Low share prices when the UK government privatised Royal Mail cost the taxpayer around £1 billion, a parliamentary committee has reported. Meanwhile the National Health Service and social services are in financial crisis.

  • 14 Apr 2014

    When the Soviet Union collapsed a small group of people suddenly became extremely rich. They acquired huge State industries at ridiculously low prices. The people referred to this process as "prikhvatizatsiya," or "grabification."

  • 20 Mar 2014

    George Osborne yesterday presented a budget founded in the determination to believe, if not six, at least two impossible things before breakfast.

  • 14 Mar 2014

    The Public Accounts Committee report 'Contracting out Public Services to the Private Sector' has been welcomed by accountability campaigners.

  • 7 Mar 2014

    Privatisation hurtles on in the UK, regardless of the damage. Even David Cameron and George Osborne acknowledge that we have been badly served by the Private Finance Initiative (PFI), under which companies build hospitals, schools and prisons, then lease them back to the state, locking taxpayers into decades long maintenance contracts. Clare Sambrook exposes the underside of the privatising business, looking at who profits, who loses, who benefits and who decides.

  • 19 Jan 2014

    The fact that 70 per cent of NHS contracts in England and Wales are being awarded to private contractors is bad news for the health service, says critics.

  • 31 Oct 2013

    The lack of transparency and accountability associated with large private companies is problematic when it applies to essential products and services, as we have seen with the energy companies and banks. But when it begins to affect the lives of adults and children to whom the state owes a duty of care, but whose lives are now a source of profit for a private provider, it is truly alarming.

  • 2 Aug 2013

    Only one in five voters (21 per cent) are in favour of re-privatising the East Coast Main Line railway, according to new polling published yesterday.

  • 10 Jun 2013

    Rail privatisation has failed to deliver for rail users, has cost taxpayers huge sums of money, and brought in little private sector investment.

  • 3 May 2013

    The United Kingdom Independence Party won around a quarter of the votes in wards where it fielded candidates in English local elections. Mainstream parties may be tempted to shift even further to the right in order to win over UKIP voters. But this might end up losing them electoral support, as well as being unjust and deepening rifts in society.