Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/970/26406

From The Socialist newspaper, 8 November 2017

PFI privateers dodge tax

Privatisers are vultures, photo Anita Ritenour (Creative Commons)

Privatisers are vultures, photo Anita Ritenour (Creative Commons)   (Click to enlarge)

Top privatisation companies don't even pay taxes on the profits they leech out of public services.

Five offshore 'PFI' firms spent five years paying almost no corporation tax - on profits of nearly 2 billion. On top of this, nine offshore companies now own 45% of total PFI and 'PPP' privatisation project value.

The shock figures on Britain's 735 major sell-off schemes come from the European Services Strategy Unit think-tank.

Selling state services for bosses' bottom lines is bad enough. Now the vultures won't even let us claw a bit back through taxation.

Scrap all PFI and PPP contracts. Take the lot back into public ownership. Don't pay a penny to predator profiteers. Use their resources to help fund quality services and decent wages.

James Ivens

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


In The Socialist 8 November 2017:


What we think

'Paradise' for billionaires - austerity for us


Socialist Party news and analysis

Westminster sexual harassment scandal

Walk out against tuition fees!

Bosses say 217 years to close pay gap - workers' struggle can close it now!

We can win the vote at 16!

Child poverty set to hit 5.2m - unions and Corbyn must act now

PFI privateers dodge tax

What we saw


Workplace news and analysis

Pay cap decisively rejected by PCS union members

BA mixed-fleet workers show strikes get results

Unite union sector conferences: coordinate action over pay

Picturehouse strike: "evil corporations are evil"

Arriva bus strike still solid


International socialist news and analysis

US: Minneapolis Socialist chimes with voters

Ireland: rail workers demand share of 'recovery'

Ireland: dangerous ideas for the ruling class

Spain: Madrid rally celebrates October revolution

Sweden: 'Revolution2017' success


Socialist Party reports and campaigns

Health campaign discusses strategy to save NHS

Chatsworth neuro-rehab ward still open - unions join the campaign

Housing campaigners ask Corbyn to instruct Labour council regeneration ballots

Thousands march in London for Palestine

Opposition to new academy school being built on Leeds playing fields

Orgreave campaigners' Halloween 'Death of Justice' march

Sheffield trees campaigner sentenced to prison

Brum meeting celebrates centenary of 1917


Socialist readers' comments and reviews

Obituary: Derek Robinson, car workers' leader, 1927-2017

Welsh update of Chekhov an engrossing tale of 1980s class conflict

Obituary: Paul Randall, 1959-2017

The Socialist inbox


 

Home   |   The Socialist 8 November 2017   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Tax:

triangle600 more retail jobs on the line: workers must not pay for the bosses' high street crunch!

triangle#AmazonTax shows need for socialist fighters

triangleSocial care funding crisis: no to an age levy - make the super-rich pay

triangleThem & us

triangleSeattle council repeals Amazon Tax

PFI:

triangleYes to NHS - No to PFI!

triangleStop the Tory NHS wreckers

triangleSheffield tree fellings paused as bully Labour council feels pressure

triangleNHS: public health - not private profit

Privatisation:

triangle'Vote Leave' fined: For a workers' Brexit

triangleBig victory for Wigan NHS strike against privatisation

Taxes:

triangleTrump's tax plan: Robin Hood in reverse

Public ownership:

triangleTory crisis deepens - demand a general election now!

Public services:

trianglePCS union launches strike ballot on pay

News and socialist analysis

News and socialist analysis

20/7/18

Brexit

Tory crisis deepens - demand a general election now!

18/7/18

Brexit

'Vote Leave' fined: For a workers' Brexit

16/7/18

Donald Trump

250,000-strong human tide sweeps London against visit of bigoted billionaire Donald Trump

11/7/18

Water

Britain bakes as water pipelines leak

11/7/18

Retail

600 more retail jobs on the line: workers must not pay for the bosses' high street crunch!

11/7/18

Them & Us

Them & Us

11/7/18

Universal Credit

Minister's benefits lie: sack the Tories - and scrap universal credit

10/7/18

The Socialist

Tories in crisis - Act now to get them out!

9/7/18

Tories

Walk Out against Trump and Tories

4/7/18

NSSN

NSSN conference 2018

4/7/18

Public services

Social care funding crisis: no to an age levy - make the super-rich pay

4/7/18

What we saw

What we saw

4/7/18

Them & Us

Them & us

4/7/18

State

British state complicit in torture and rendition: put Blair and Straw in the dock!

4/7/18

Refugees

EU lets 200 refugees drown in three days

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


July 2018

June 2018

May 2018

April 2018

March 2018

February 2018

January 2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999