Posts Tagged ‘Privatisation’

The Troika’s ‘Men in Black’ and the crime of organised money

by Tom Gill.

Tweet Continuing to force states to finance themselves at high-interest rates is just a strategy to justify wage control, the privatisation of public services and, ultimately, to enslave peoples, says Juan Torres Lopez, Professor of Economics at the University of Seville. Spain has once again received a visit from the so-called Men in Black, the Troika inspectors, [...]

EU Health Regulations – improving patients’ rights or more NHS privatisation in disguise?

by Lucy Anderson.

Tweet It is appalling that the recent NHS privatisation regulations have now been passed, despite a broad-based and vigorous campaign against them. The Regulations, made under Section 75 of the 2012 Health and Social Care Act, essentially require all NHS services to be put out to competition unless there is only one provider capable of delivering [...]

Osborne’s smack in the face for all victims of cuts

by Michael Meacher.

Tweet So Osborne, we now learn, is determined to sell off RBS and Lloyds before the election to prevent Labour, if it wins the next election which looks increasingly likely, from keeping them in the public sector and breaking them up in order to reconstruct them as agents to drive a national economic recovery. That says it all about the [...]

Osborne again shows his preference for uncompetitive capitalism

by Michael Meacher.

Tweet So Osborne is still determined to return RBS and Lloyds to the private sector before the election. This is despite all the arguments to the contrary – that the private banking system produced the financial crash in the first place with utterly calamitous results, that no significant measures have been put in place to [...]

The false logic of the privatisation of the East Coast mainline

by Michael Burke.

Tweet The Coalition government has announced its intention to privatise the East Coast mainline rail network. The network was nationalised 3 years ago when the previous private operators discontinued their franchise because they could not make a profit. The re-privatisation of the East Coast mainline highlights a key fallacy of the current government’s failed economic [...]

2013: the year to commit to roll back the failed privatisation juggernaut

by Michael Meacher.

Tweet Britain has been de-industrialised over the last 30 years, but beyond a decimated manufacturing capacity there are also services essential for an efficient productive economy. These include transport, energy and communications as well as education, health and housing. All of these have been, or are being, privatised and the results have been devastating. Bookmarks Hide [...]

Ten years of Carillion putting profits before patients at PFI hospital

by Andy Newman.

Tweet This week marks the tenth anniversary of Swindon’s Great Western Hospital (GWH) opening in Swindon, one of the earliest Private Finance Initiative (PFI) build and operate hospitals, and only the second opened by Carillion. The anniversary was marked today by a dozen GMB shop stewards protesting outside, highlighting the long running industrial dispute between the union [...]

The NHS carve-up model now revealed

by Michael Meacher.

Tweet Lip-smacking profits of £20bn for the private sector are today revealed in a prospectus sent out by Catalyst, corporate finance advisers specialising in healthcare. It notes that already contracts worth £500m have been won by the private sector to provide NHS services. They are now eyeing up the £8.3bn spent each year on GP services [...]

Privatisating benefits the public? – pull the other one!

by Michael Meacher.

Tweet So the latest Tory wheeze to commercialise the NHS is to get hospitals to sell their services abroad, using the NHS brand to rake in more private money (which would not of course be necessary if the government were not imposing £20bn cuts over 5 years). It is claimed that NHS patients will benefit. [...]

Italy’s heritage up for sale

by Tom Gill.

Tweet Italy’s government has unveiled a fire sale of some real gems of the country’s heritage. Some 350 historic buildings in the capital and historic towns across the country are to flogged off, including Castello Orsini di Soriano in Cimiano, Palazzo Bolis Gualdo in Milan and Palazzo Diedo in Venice. €42 billion worth of property is [...]

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