Posted on 13 April 2018
Dr Kevin Farnsworth, Reader in Social Policy, has recently given two talks connected to the work of Corporate Welfare Watch. This website aims to facilitate open and informed debate about the way that the British Government assists private companies through various forms of corporate welfare. By providing an up-to-date searchable database of corporate welfare recipients in the UK, they ensure that public support of private businesses is opaque.
Kevin's first talk took place on 7 March at a Chartered Institute of Tax event in London, where he debated with other panellists about the merits of tax relief from a corporate welfare perspective. He emphasised the importance of considering tax relief within the full landscape of corporate welfare practices. He also pointed out that Brexit provides an opportunity to reconsider how government supports business - a theme he expanded upon in his next talk. Kevin next appeared as part of a lecture series at Liverpool Hope University on 21 March, this time discussing corporations in Brexit Britain.
As part of Corporate Welfare Watch, Kevin SPSW Research Support Officer Dr Nicki Cole co-authored a blog in February, considering public-private partnerships (PPP) and PFI firms. They argue that PPP and PFI are supposed to save taxpayers money but fail to deliver, and routinely cost far more than anticipated, and consider why the goverment continues to repeat this mistake. The full article is available on the Corporate Welfare Watch website.