petej + subsidies   32

In Brexit Britain there will be no benefit caps for the multinationals | Aditya Chakrabortty | Opinion | The Guardian
Where this takes you is to the dirty secret of the British business model. From Margaret Thatcher onwards, successive governments have lured multinational investors by promising them access to the single market, a cheap, biddable workforce and a bunch of corporate sweeteners.
UK  EU  Brexit  business  Nissan  manufacturing  cars  GhosnCarlos  subsidies  tariffs  dctagged  dc:creator=ChakraborttyAditya  MayTheresa  ClarkGreg  politics 
november 2016 by petej
Cameron was right, Britain is broken. But it’s businessmen who are to blame | Aditya Chakrabortty | Opinion | The Guardian
"In Brexit Britain, one of the most important contracts between businesses and the public has been broken. Companies increasingly rely on the public to pay their way: to top up wages with benefits and public services, and billions in subsidies and grants and tax reliefs. What goes with that is another broken contract: the one that says work always pays. From Norman Tebbit to Brown to IDS, that idea has been central to employment and welfare policy. It is now dead. As the Institute for Fiscal Studies said last week: “The new poor tend to live in households where there is someone in work.” This is a fact that those at the bottom of the labour market have known for years, but is only now working its way into the minds of policymakers."
UK  business  SportsDirect  AshleyMike  BHS  GreenPhilip  exploitation  pay  wages  ChappellDominic  corruption  pensions  finance  welfare  benefits  subsidies  economics  politics  dctagged  dc:creator=ChakraborttyAditya 
july 2016 by petej
Private Providers – market creation out of control | Critical Education
“We’re only realising now the size the blank cheque we’ve written to private providers.”
education  colleges  funding  privatisation  marketisation  policy  BIS  debt  subsidies 
november 2013 by petej
The illogical pricing of property
"But we don't have to do this. We can restore housing to its real purpose, which is to be homes for people to live in. We can build or renovate enough properties to ensure that supply matches demand, so that house prices are not constantly driven upwards by supply shortages. We can tax away unearned profits on unimproved land, and we can tax away profits from speculative investment in property. We can allow government debt to become the preferred savings vehicle for ordinary people, issuing as much of it as people want to buy and using the proceeds to upgrade our national infrastructure and support domestic enterprise. And we can stop draining our economy to support a bloated property market."
property  housing  economics  savings  investment  speculation  subsidies  stimulus  UK  taxation  dctagged  dc:creator=CoppolaFrances  prices 
october 2013 by petej

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