Democratic erosion, profiteering and tax havens: PFI equity sales exposed
The vast profits made by contractors and banks selling equity in Private Finance Initiative project companies was exposed this week, reports Dexter Whitfield.
The vast profits made by contractors and banks selling equity in Private Finance Initiative project companies was exposed this week, reports Dexter Whitfield.
The vast profits made by contractors and banks selling equity in Private Finance Initiative project companies was exposed this week, reports Dexter Whitfield.
Today the Institute for Fiscal Studies (IFS) said that the Government’s plan for fiscal consolidation is regressive, and will hit the poorest disproportionately hard, once cuts to welfare are fully taken into account.
The UK’s biggest contributor to climate change is the banking industry. And top of the list within the sector is the taxpayers’ very own, Royal Bank of Scotland.