Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/389/4408

From The Socialist newspaper, 21 April 2005

Private hands off public services!

"NOTHING IS off limits now and the potential for the private sector is massive," one businessman gloated to the Financial Times. He was talking about New Labour's manifesto commitment to 'outsourcing' our public services to private firms.

An information technology and outsourcing analyst, Kable, says that up to 60 billion worth more of our public services could be in private-sector hands by 2007.

The government is already buying an ever-widening range of services from private suppliers - hospital operations, electronic tagging, IT functions etc. As a big business lobbyist points out, the government spends 42% of Britain's GDP so the public sector is still the biggest purchaser of goods from private firms.

For years New Labour has been outsourcing any new services and selling off much of the rest to private companies like Capita. This firm runs the Criminal Records Bureau, the teachers' pension system and London's Congestion Charge. In 1996 its turnover was 112 million, last year it was 1.3 billion. Total returns for shareholders have averaged 36% a year.

Private firms are also muscling in on the NHS through the Private Finance Initiative (PFI). Between 2000 and 2003, 26% of Labour's new NHS money was spent paying PFI charges for overpriced private-built new hospitals.

Who's made money out of it? Private companies like Carillion who value their PFI schemes at 83 million, a 'healthy' return on a 29 million investment. By selling off investments on the 'secondary market', they've doubled their share price in the last six years. Such parasites will still be sucking our cash from the NHS in 30 years time.

Privatisation schemes and outsourcing are a far more expensive way of providing public services than public ownership.

But Blair is encouraging these parasitic private owners. Big business aims to steal our future - don't let them.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 21 April 2005:

Market madness wrecks NHS

Big business plunges NHS into crisis

Drive poverty pay out of the NHS

The Socialist Alternative

Save Rover

Renationalise Rover - change the system!

Renationalise London's tube

Private hands off public services!

Profits soar, wages fall in the globalised economy

A socialist world is necessary

  Nancy 'woos' voters with socialism

Socialist Party complains about imbalance in Newsnight

How red are the Greens?

When Blair ditched socialism from the Labour Party


 

Home   |   The Socialist 21 April 2005   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Privatisation:

triangleNasty party imploding...drive out the Tories

triangleCWU fights court attempt to stop national strike

triangleNHS meltdown - fight the Tory cuts

triangleHousing crisis: Corbyn's positive measures blanked by Labour's right

triangleTories wreck our NHS

Labour:

triangleSheffield Labour council threatens peaceful protesters with prison

triangleHundreds turn out for rally aimed at removing west Wales Tory MP

triangleTories torn - bin them now

triangleSwansea Socialist Party: Mother Jones - A US labour pioneer

PFI:

triangleNo cuts - hands off King George A&E!

trianglePlans to bring A-levels back to Knowsley abandoned

triangle40% of GPs plan to quit - reverse all NHS cuts and sell-offs!

NHS:

triangleUprising to save the NHS!

triangleObesity epidemic: end food market anarchy

Big business:

triangleThe Tories must be driven out

Reports and campaigns

Reports and campaigns

19/10/17

North West

Arriva North West bus drivers strike over pay

18/10/17

Democratic rights

Conference on state spies: who's watching who?

18/10/17

Leeds

Striking back against sackers' charter at Leeds Uni

18/10/17

PCS

PCS ballots members on the pay cap

18/10/17

Royal Mail

Royal Mail bosses block strike - back postal workers

18/10/17

Art

'Dazzling' Bad Art show points to socialist future

18/10/17

Council

Sheffield Labour council threatens peaceful protesters with prison

18/10/17

South West Wales

Hundreds turn out for rally aimed at removing west Wales Tory MP

18/10/17

NHS

Uprising to save the NHS!

18/10/17

Socialism

Can you donate to the Socialism 2017 appeal?

18/10/17

East London

No cuts - hands off King George A&E!

18/10/17

North London

North London hospital workers fight cuts and job losses

18/10/17

BAE

Nationalise to save jobs at BAE Systems

18/10/17

Schools

Schools "can't go any further" - stop the cuts: set deficit budgets now

18/10/17

Swansea

Socialist Students 'welcome' Hillary Clinton to Swansea

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle19 Oct Arriva North West bus drivers strike over pay

triangle18 Oct Russia, October 1917: When workers took power

triangle18 Oct Tories torn - bin them now

triangle13 Oct The end of the Tories?

triangle11 Oct Nasty party imploding...drive out the Tories

triangle11 Oct CWU fights court attempt to stop national strike

triangle11 Oct The fight against racial discrimination is tied to fighting against...

More ...

triangle19 Oct Waltham Forest Young Socialists: Deaths in police custody

triangle19 Oct Swansea Socialist Party: Spanish revolution 1936-37

triangle19 Oct Cardiff East Socialist Party: Is equality for women possible under capitalism?

triangle19 Oct Wirral Socialist Party: The October 1917 Russian Revolution

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2