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From The Socialist newspaper, 12 December 2018

Interserve debts

Interserve shares have collapsed

Interserve shares have collapsed   (Click to enlarge)

Shares in Interserve - one of the UK's largest private providers of public services - have collapsed after it announced it has 500 million worth of debts. Interserve is the largest private provider of public services. For example, at King George Hospital in east London (whose A&E is under threat of closure) Interserve has a 35 million contract for cleaning, security, meals, waste management and maintenance. It also has its fingers in infrastructure projects and even probation.

The revelations follow the collapse of Carillion in January. Like then, we call for all the contracts and services to be brought back in house by the government and for every job to be saved.

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In The Socialist 12 December 2018:


What we think

Tory chaos reaches fever pitch


News

National Union of Students faces bankruptcy

Tories' NHS cash insult - mass action can save our NHS

Cuts and NHS crisis result in 'excess' elderly deaths

Corbyn supporter wins Welsh Labour leadership

Worldwide threat to journalists at worst for ten years

Interserve debts

Universal Credit Christmas misery


Workplace news

Tommy Robinson's rich backers

Strike action saves jobs at Cammell Laird shipyard

Select Chris Baugh as Left Unity AGS candidate

Spontaneous hull walkouts stick two fingers up at Tory anti-trade union laws

Hull council workers fight to protect sick pay

Veolia waste workers vote for action in Cheshire

Workplace news in brief


France

France in revolt


John Maclean

John Maclean - revolutionary fighter of the working class


Socialist Party reports and campaigns

Women's Lives Matter national meeting - a determination to fight cuts to domestic violence services

'Stansted 15' - outrageous guilty verdict

Socialist Students LJMU victory

Jobs and homes not racism - kick the Tories out!

Give us a bumper Christmas cash boost!


TUSC

New twist in Derby TUSC election agent case


Obituary

Obituary - Beth Roper (1990-2018) - comrade, friend and fighter


Christmas Quiz

The Socialist quiz of 2018


 

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Related links:

Public services:

triangleBirmingham home care strikers close to victory!

trianglePCS elections: Support socialist candidates

triangleProbation privatisation failure

triangleAnger after violent youth deaths - Communities need public services not cuts

triangleCuts and NHS crisis result in 'excess' elderly deaths

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triangleDefend free TV licences for over-75s!

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triangleChinese regime's puppet government in Hong Kong pushed back by mass protests

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triangleTories ensured Carillion meltdown went unchecked

triangleThe murky world of the 'Big Four' accountancy firms

East London:

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triangleEast London bin workers call 12-day strike over wage grades

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