Last chance to stop NHS privatisation

Despite constant assurances from ministers as it passed through parliament that NHS reforms would not pose a serious risk to the future of our healthcare system by ushering in full scale privatisation, it has become clear that this is exactly what the government intends to do. However if enough Members take a stand against the government’s reckless corporate agenda, we still have a chance of sustaining a genuinely public National Health Service.

Experts line up to distance themselves from Fallon’s deregulatory push

Business minister Michael Fallon MP this week blamed both the financial crisis and the deaths in Mid Staffordshire hospital on the “regulatory culture” of the Labour years. However deregulation risks babies and bathwater territory. What we need is better and more effective regulatory systems so that failures cannot be ignored again and stakeholders are protected.

The Triple-A failure: Iceland and the failure of the rating agencies

Iceland is a good example of the fallibility of the rating agencies. During Iceland’s financial crisis, no one – and least of all the rating agencies – seemed to wonder why three banks from a tiny island with no history of banking could out-earn foreign banks despite borrowing at a relatively high cost.

Taking apart the flimsy case for private prisons

The right-wing Think Tank Reform published a report yesterday claiming that private firms are better at running prisons. There are fundamental problems with Reform’s analysis, however.