An extensive article and research by Kevin Farnsworth on the Renewal website examines the extent to which UK public policy is skewed in favour of private companies – placing business tax cuts, deregulation, privatisation and a weakening of employment rights etc in the context of a corporate welfare state. ‘Direct and indirect public provision that is aimed at private companies accounts for a significant share of state expenditure. During these times of austerity and public sector cuts, a detailed analysis of the costs and benefits of corporate welfare is essential to weigh the direction, emphasis and trade-offs associated with corporate welfare’
http://www.renewal.org.uk/articles/the-british-corporate-welfare-state/
