The growing renewable energy secondary market reflects the extent to which the sector has become financialised, marketised and privatised. The secondary market provides a mechanism for investors to extract profit at the development or operational stages of renewable energy projects. Detailed evidence of the global scale and scope of this market is set out in…

He argues that public ownership and re-municipalisation alone are insufficient to combat the culture of neoliberalism in our society in an article in advance of the Edinburgh book launch. A book launch for ‘Public Alternative to the Privatisation of Life’ chaired by Common Weal director Robin McAlpine, organised by Jubilee Scotland, will be held on…

HICL Infrastructure Company Limited has announced that “it would be in the best interests of both the Company and its shareholders as a whole to change the domicile and tax residency of HICL’s investment business to the UK through the creation of a new UK incorporated company whose shares would be listed on the UKLA’s…

A demand to terminate Barnet Council’s Capita Contracts and Redesign the Council has been made by Barnet UNISON. Barnet Council plans to carry out a review of three options – either to maintain the status quo, return some services in-house or to terminate both the back-office services and regeneration contracts and return to in-house provision.…

An investigation into the ownership and offshoring of Scotland’s NPD and Hub Projects reveals that 60% of NPD (Non-Profit Distributing) and hub projects have shareholders with corporate relationships with offshore tax havens of Jersey, Guernsey, Cayman Islands, British Virgin Islands, Dubai International Financial Centre, Luxembourg and Cyprus. The investigation was commissioned by The Guardian and…

The paper by Dr Helen Mercer and Professor Dexter Whitfield is available via the Public Services International Research Unit, University of Greenwich. Abstract The article’s principal purpose is to provide an initial set of costings relating to the proposal to end PFIs in the UK through nationalising the Special Purpose Vehicles. The article uses book…

Barnet UNISON and ESSU have published a damming assessment of the London Borough of Barnet’s attempt to become the capital of outsourcing and privatisation. The report, ‘Future Shape’ ‘easyCouncil’ and ‘One Barnet’ = Failure, is highly critical of commissioning and 356% rise in its cost; the £24m spent on the One Barnet programme, mainly the…