Category Archives: Corporate political nexus

A Times reader emphasises the growing awareness of the imperative to eradicate ‘the frankly corrupt, hypocritical behaviour some British MPs have indulged in for decades’

Oliver Wright, policy editor for The Times, focusses only on the tip of the iceberg – the ‘revolving door’. He reports a recommendation by the public administration select committee (PASC) that ministers and civil servants should be banned from taking up lucrative private sector jobs for two years when they leave office. (The article may be read here – possible paywall.) They said that more than 600 former ministers and senior civil servants had been appointed to 1,000 business roles. The committee wants the government to impose a two-year ban on taking up jobs that relate “directly to their previous areas of policy and responsibility”.

From many instances Mr Wright singled out:

  • Lord Hague of Richmond, who now advises Teneo, an international business consultancy,
  • Sir Ed Davey, the former energy secretary, who advises a PR and lobbying company that lists EDF Energy as a client.
  • Mark Britnell (though un-named in the article), a former director-general of commissioning at the Department of Health who became global head of healthcare at KPMG, which bids for government health contracts.

There is no reference to extra ‘jobs’ done whilst MPs are in office – except from one of The Times readers who bluntly writes: “Any MP should not be able to hold any extra job outside the House of Parliament”. Constituency work and special responsibilities – if properly attended to – would occupy an MP full time.

The parliamentary decision-making process is sometimes shown, with hindsight, to have been affected by MPs’ connections with the armaments, healthcare and tobacco  industry and many companies based in tax havens.

Property interests are less well covered, but itemised two months ago in Property Week:

 

Social Investigations reports that their research into Lords’ and MPs’ connections to private healthcare through the register of interests is complete.

Below are listed a few of the key findings. Research into the Health and Social Care bill is ongoing and more facts will be added as and when they arise.

  • 225 parliamentarians have recent or present financial private healthcare connections
  • 145 Lords have recent or present financial connections to companies or individuals involved in healthcare
  • 1 in 4 Conservative Peers have recent or present financial connections to companies or individuals involved in healthcare
  • 1 in 6 Labour Peers have recent or present financial connections to companies or individuals involved in healthcare
  • 1 in 6 Crossbench Peers have recent or present financial connections to companies or individuals involved in healthcare
  • 1 in 10 Liberal Democrat Peers have recent or present financial connections to companies or individuals involved in healthcare
  • 75 MPs have recent or present financial links to companies or individuals involved in private healthcare
  • 81% of these are  Conservative
  • 4 Key members of the Associate Parliamentary Health Group have parliamentarians with financial connections to companies or individuals involved in healthcare.

Endnote: a Times reader comments: “When I was growing up British MPs would sneer at the corrupt goings on by politicians from various pejoratively termed ‘banana republics’ and declare that such behaviour would never be tolerated in the UK. Well, it soon became obvious that this was nonsense and the issues outlined in this June article illustrate the frankly corrupt, hypocritical behaviour our British MPs have indulged in for decades, and the higher the office they occupied the more hypocritical the behaviour – proving time and again the accuracy of the saying that power corrupts and absolute power corrupts absolutely”.

 

 

 

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A Bedford voter advises MPs to engage with the betting industry over a cup of coffee

The Department for Digital, Culture, Media and Sport (DCMS) has launched a review into the bookmaking industry, scrutinising gambling machines known as fixed-odds betting terminals (FOBTs).

The machines, which campaigners describe as highly addictive, allow gamblers to stake up to £100 every 20 seconds. They made £1.82bn in the year to September 2016 and account for 56% of revenues at betting shops, according to figures released by the industry regulator the Gambling Commission,

Online Casino notes that in a research note in April, analysts at Barclays Capital forecast that if MPs restrict the size of the stake to £2, Ladbrokes Coral would lose £449m in revenues in 2018, and William Hill £284m. Betfair, another gambling company, would lose £55m.

The Financial Times reports that William Hill and Ladbrokes Coral, two of the UK’s biggest bookmakers, spent just £2,004 in 2015, £2,800 in 2014 and £3,300 in 2013. According to the parliamentary register they significantly increased the amount they spent on entertaining MPs – £18,018 on hospitality for 12 MPs – since the start of 2016.

Two Conservative MPs, Philip Davies (no stranger to controversy) and Laurence Robertson (right,  likewise) were the biggest beneficiaries.

A staunch defender of the gambling industry, Mr Davies chairs the Betting and Gaming All-Party Parliamentary Group (APPG), and vice-chair of both the Bingo APPG and the Racing and Bloodstock APPG.

Labour wants to see the maximum stake reduced from £100 to £2 because the addictive high-stakes machines have become a huge problem for communities that are often struggling to cope with underinvestment and high unemployment. 

Neil Austin comments that MP Philip Davies (left), chairman of the betting and gaming all party parliamentary group, is quite right to say it would be extraordinary of he did not engage with the betting industry. He adds:

“It is also extraordinary that he considers it perfectly acceptable to accept lavish hospitality from that same industry.

“The reputation of parliament and of MPs is languishing far below where it needs to be for a strong democracy. Mr Davies and the other MPs mentioned in your report seem to have learnt nothing from the expenses scandal.

“Many organisations have strict rules prohibiting employees from accepting almost any hospitality where a conflict of interest could be perceived. If we are to try to return parliament to a more trusted position in the country, one small step would be for MPs to abide by the same rules”.

 

 

 

 

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Jeremy Corbyn’s balanced view confronts half-truths peddled about the Venezuelan crisis

The right-wing press, neoliberal politicians and corporates in Britain such as Foreign Minister Sir Alan Duncan, Liberal Democrat leader Sir Vince Cable, Tory MP Mark Pritchard and Labour MP Frank Field, are firmly attached to the US-led global order which attempts to impose its will by propaganda and force – generally in oil rich countries like Venezuela. As MP Chris Williamson pointed out in his recent Newsnight interview, the US has a track record of interference at all levels, including military overthrow of inconvenient governments, in Latin America. 

They have led repeated attacks on an absent Jeremy Corbyn for failing to cheer the US-led destabilisation of Venezuela. Labour List, which is clearly backing the Blairite wing, referred toNicolas Maduro’s violent suppression after a dirty election’. The Sun’s dig:

On his return, Mr Corbyn said: “I’m very sad at the lives that have been lost in Venezuela. The people who have died, either those on the streets or security forces that have been attacked by people on the street — all of those lives are terrible for the loss of them.” Repeatedly pressed to condemn Mr Maduro’s actions, he said: “What I condemn is the violence that’s been done by any side, by all sides, in all this. Violence is not going to solve the issue”, adding:

“We also have to recognise that there have been effective and serious attempts at reducing poverty in Venezuela, improving literacy and improving the lives of many of the poorest people.”

Using record-high oil revenues of the 2000s, the government nationalized key industries, created participatory democratic Communal Councils, and implemented social programs to expand access to food, housing, healthcare, and education. Venezuela used its oil revenue to make improvements in poverty, literacy, income equality, and quality of life.

James Tweedie effectively put the record straight in an interview on Radio 4’s Today Programme on 7th August, with the usually combative presenter failing to challenge even one of the facts he presented. In that and a recent article he made many points. Some of these follow:

  • The opposition is led by representatives of wealthy families that have never been reconciled to losing power to a government committed to raising the majority from abject poverty.
  • Tactics include factory-owners stopping production of products to create shortages in the shops. Food distribution giant Polar is accused by Mr Maduro’s government of orchestrating the food shortages that led to the current crisis, by hoarding stocks in its warehouses. Actions include blocking main roads, shutting down public transport networks and forcing shops to stay closed — exacerbating the shortages of food, medicines and other goods the opposition blame on the government. On Thursday night rioters burned some 40 tons of food out of 100 at a government distribution centre in eastern Anzoategui state destined for distribution to hungry families.
  • Opposition supporters building barricades, blocking streets and attacking police during the constituent assembly election are routinely described in our mainstream media as “peaceful protesters”, though, as Sky News footage revealed, masked men were dressed in helmets, carrying full body shields carrying firearms and a roadside bomb blasting police motorcyclists.

The use of fire is a prime opposition weapon

  • The opposition tactics are to engage in violent protests that force responses by the government and make the Maduro government look like an authoritarian regime.
  • Amnesty International and Human Rights Watch are taking a simplistic view of the intensifying crisis in Venezuela, ignoring appalling acts of opposition violence such as those detailed in this site which brings Spanish-language news in English.

  • The country overwhelmingly believes the opposition lacks a plan for dealing with high inflation and the lack of state revenue for social services. They also oppose the violent tactics of the opposition (see poll results).
  • The opposition agreed to take part in Vatican-mediated negotiations with the government but walked away from talks, adopting a new strategy of violent street confrontations to destabilise society.
  • After all the executives of Smartmatic, an electronic voting company, left the country its CEO claimed at a press conference that the 8.1 million turnout figure in Sunday’s National Constituent Assembly election had been “tampered with” and inflated by about a million votes. No such report had been made to the Venezuelan authorities. (Smartmatic is owned by former MP Baron Mark Malloch-Brown, who has close links to George Soros – a major funder of New York-based Human Rights Watch and longstanding critic of Venezuela’s socialist government).

True socialism has been advancing in Britain over the past two years with Labour’s gains in the June election on an anti-austerity manifesto and the increasing public respect for Corbyn as leader. We can see, on the horizon, rejection of the current form of Western intervention which has gained adherents for extremist groups, destabilising many of the world’s regions, followed by collaboration with others to undertake the monumental task of rebuilding and reconciliation.

 

 

 

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Whistleblowers 11: the Haemophilia Society

The Haemophilia Society calls for an enquiry into its own failure and that of government, pharma and clinicians

Medics and politicians knew by the mid-1970s that commercially manufactured blood products from the USA were suspect. By the mid-1980s there were warnings of a similar situation in respect of HIV. Nevertheless these products continued to be imported and used.

British haemophiliacs and other victims’ lives were blighted in the 1970s and 1980s by these cheap imported US blood products, harvested from inmates and drug addicts. More than 5,000 were infected and went on to unknowingly infect family and friends.

In 2010 this site recorded the efforts of Lord Alf Morris, fighting for better treatment of patients infected with contaminated blood products for years. It was noted that eight years ago the Lancet reported the Irish parliament’s generous compensation package for haemophiliacs infected by contaminated blood products.

The British government has not treated victims well. Many of the relevant records have disappeared. Former Health Secretary Patrick Jenkin and former Health Minister David Owen both searched the departmental archives, but were told that the documents had been accidentally destroyed.

Of the 1,200 who contracted HIV, barely 200 survive. They have fought tirelessly for safe products and proper compensation for the avoidable infections which have devastated their health, turned family members into full-time carers, and left many living in poverty.

In March a statement by the Board of Trustees of the Haemophilia Society on contaminated blood opened: 

Failures in government policy and negligence of public bodies led to people being infected with blood borne viruses as a result of their treatment with blood products in the 70s and 80s. The impact of these failures was worsened by poor communication from government, healthcare professionals, pharmaceuticals companies and The Haemophilia Society. Warnings were not heeded and errors were subsequently hidden.

Pharmaceutical companies and clinicians did not share, or even hid, information about risks from patients and patient groups. Blood products, for the treatment of bleeding disorders, were made from pooled human plasma which was known to allow the transfer of viruses. Blood donations, particularly in the USA, were taken from high risk paid donors, often in prisons and without adequate processes to screen potential donors.

We condemn the actions and inactions of all parties that contributed to dangerous products not being withdrawn, patients not being properly informed of risks and technological and procedural advances ignored.

The additional funding announced last year to more than double the budget for contaminated blood support has not gone to those most in need and will ultimately leave many people with less support. Other affected groups such as bereaved parents, partners and other family members have been particularly under-supported and ignored.

We do not think the current settlement is sufficient to provide the support people need and deserve. It does not allow them to have a reasonable standard of living rather than just be removed from poverty. We reject the current proposals for reform of the support arrangements in England as they do not recognise the full needs of the bleeding disorder community, were poorly conceived and consulted on, do not provide sufficient support to people covered by the scheme and still exclude some individuals entirely.

We want a full public inquiry under the inquiries act as only this could compel witnesses and would shed light on concerns such as:

* the inappropriate use of known infected treatments on previously untreated patients

* why and how British self-sufficiency in blood products was never achieved

* why tests to identify infected blood donations were not implemented sooner

* when and to what extent the UKHCDO, The Haemophilia Society, the Department of Health and the NHS held and were aware of information on risks and tests for infection with blood borne viruses

* why potential methods to heat treat blood products were not fully investigated and implemented sooner.

To facilitate this we want a full and open disclosure of all information held by the Government, or elsewhere, relating to the sourcing, manufacture, procurement, licensing and NHS treatment with contaminated blood and blood products. However, an inquiry must not distract from or delay the implementation of an improved support scheme.

The statement continues here:

http://haemophilia.org.uk/wp-content/uploads/2017/03/Board-Statement-on-Contaminated-Blood-March-2017-1.pdf

Following the statement see the APPG meeting minutes 29 March 2017 final.

http://haemophilia.org.uk/wp-content/uploads/2017/04/APPG-meeting-minutes-29-March-2017-final.pdf

 

 

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Media 81: The great mainstream switch-off?

The general message:

“I avoid the news; I just don’t switch on.“

Anecdotal evidence from many encountered indicates a growing intolerance of TV, the Murdoch press in particular and radio, which constantly focus on the latest man-made or natural disaster and the actions of the corrupt or callous – a tiny minority.

Online headlines presented by the Murdoch Times today:

  • Mike Ashley (above) ‘drank 12 pints and vomited at meeting’
  • No 10 ‘buried terror report to protect Saudi Arabians’
  • Border Force makes record seizure of guns
  • Venus in tears as car crash casts a shadow over first-round
  • May’s pork barrel tactics demean our politics
  • City gripped by sub-prime lending fears
  • Pay row leaves Bank of England facing its first strike in 50 years
  • Rise in high-risk dependency on alcohol among those seeking help.

If you want something better go to Redbrick, and read the thoughtful offerings of students at Birmingham University: http://www.redbrick.me/comment which offer a more balanced view of life around them.

A revulsion from the continual diet of news focussing on the thankfully rare instances of disaster and cruelty is growing. A reaction from hardier souls is to actually read these newspapers and listen to or watch the news because ‘You’ve got to know what’s going on’ – apparently oblivious of the fact that what is presented is often far from being the truth – see our Secret State category for more on that subject – the 18th here.

A report about the first scientific study into the effect of TV news reports confirmed the obvious: that broadcasts of reports of famine, violence, poverty and crime leave viewers considerably depressed  – and happy stories of Lottery winners and “miracle” recoveries (equally rare) do not.

Psychologist, Prof Graham Davey (University of Sussex), who conducted the study with colleague, Dr Wendy Johnston (University of Edinburgh), said: “We found that negatively balanced material does change people’s moods in a negative way, and this could have other knock on effects, such as making people worry more about their own problems.”

The writer’s unscientific findings were that was that the people I met actually felt that they’d had ‘the best of it’ and were worried about the future for their children and more so for their grandchildren.

The Positive News Journal aspires to redress the balance

And it does this occasionally – see the link to this list above: ‘From political upheaval to natural disasters, the first three months of 2017 have seen many challenges. But behind the headlines, there are signs of progress and possibility. Here are 20 of our favourites’. So often, however, the reports come from far afield only two items in the list from Britain – and many will not feel that they are relevant to daily life here.

Amongst the writer’s websites which cover political corruption, growing food insecurity, chemical and nuclear dangers and illegal killing by armed drones is one – Antidote to Gloom – which is more happily received.

This week random visitors from America topped the list (left) who actively sought news relating to the first link:

Recent headlines:

Occasionally thanks are emailed by Antidote readers whose spirits have been lifted by a respite from the current destructive news-diet.

Time for change in our media as well as our politics.

 

 

 

 

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Wimbledon warns Corbynieres: “No politics, we’re British’, Professor Freedman offers reassurance

The Telegraph reports that AELTC appears to anticipate ‘displays of Corbynmania’, during this year’s event.

Sharing mainstream alarm at the unprecedented scenes witnessed at last month’s Glastonbury festival, the All England Lawn Tennis Club, a private members’ club which hosts the Wimbledon Championships, hopes that warning notices, “No political slogans!”, on display at the entrance gates will be taken to heart by Corbyn’s supporters and other political activists.

This is a continuing manifestation of a threatened establishment – a general right-wing demonisation of Corbyn.

Corbyn is the norm – in tune with European heads of state

A more stable response comes from many well-informed commentators who explain that Corbyn’s ‘extremist’ ideas are actually in line with mainstream European policy and practice (above: European Socialist heads of state).

In the Financial Times, Des Freedman, Professor of Media and Communications, Goldsmiths, University of London, has remonstrated with economist Tim Harford, author of the latest two epithets, who accused Corbyn of ‘scapegoating’ and ’xenophobia’ (re requisition of empty foreign-owned property to house the Grenfell survivors).

Freedman believes that this ‘unwarranted criticism of Jeremy Corbyn’s response to the (Grenfell Tower) tragedy should be placed in the context of the 2016 FT report ‘s finding of some 9,169 vacant flats and houses in the borough of Kensington and Chelsea, adding:

“It is not “xenophobic” to suggest that these homes could be usefully occupied by those who actually need somewhere to live. It is simply common sense”.

 

*Des Freedman Professor of Media and Communications, Goldsmiths, University of London

 

 

 

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Broken Britain 5: Martin Wolf annotated. Plus a lesson from Delhi

Extracts with bracketed comments = original text here, may be subject to paywall

In the Financial Times, Wolf asks: “Why has the appeal of populist ideas grown in western countries? Is this a temporary phenomenon?”

He continues: “What, first of all, is a populist?” And answers:

  • The abiding characteristic of populism is its division of the world into a virtuous (powerless) people on the one hand, and corrupt elites . . . on the other.
  • Populists distrust (corrupted) institutions, especially those that constrain the “will of the people”, such as courts, independent media, the bureaucracy and fiscal or monetary rules.
  • Populists reject credentialed experts (funded to serve vested interests). They are also suspicious of free markets and free trade (misnomers – so-called free traders erect tariff barriers whenever they can).
  • Rightwing populists believe certain ethnicities are “the people” and identify foreigners as the enemy. They are economic nationalists (but keen exporters and speculators) and support traditional (discriminatory & inhumane) social values.
  • Populists (left and right) put their trust in charismatic leaders
  • Leftwing populists identify workers as “the people” and (only the uncaring) rich as the enemy. They also believe in state ownership of property (if there were ever to be an honestly run state)

Wolf asks why these sets of ideas have become more potent (because central control, corruption and deprivation is increasing alarmingly). He refers to a Harvard study which considers immigration a cultural shift but argues that it can also be reasonably viewed as an economic one (because it’s cheaper to import subservient low-cost labour than to educate one’s own citizens)

What has changed recently?

“The answer is the financial crisis and consequent economic shocks. These not only had huge costs. They also damaged confidence in — and so the legitimacy of — financial and policymaking elites.

“These emperors turned out to be naked” (Correct).

He thinks that the results of past political follies have still to unfold:

  • The divorce of the UK from the EU remains a process with unfathomable results.
  • So, too, is the election of President Trump. The end of US leadership is a potentially devastating event.
  • Some of the long-term sources of fragility, cultural and economic, including high inequality and low labour force participation of prime-aged workers in the US, are still with us today.
  • The pressures for sustained high immigration continue.
  • The fiscal pressures from ageing are also likely to increase.

Wolf’s remedy the economic anxieties can and must be addressed: we must recognise and address the anger that causes populism. He continues: “populism is an enemy of good government (the status quo) and even of democracy (which has yet to be achieved)”.

Aam Aadmi (the Common Man’s Party) originated in the India Against Corruption (‘anti-graft’) movement. It claimed that the common people of India remain unheard and unseen except when it suits the politicians. It stresses self-governance, community building and decentralisation; advocating government directly accountable to the people instead of higher officials. It was formally launched on 26 November 2012 and won 67 of the 70 seats in the Delhi state assembly elections in 2015.

IMHO, as one correspondent often opens, building a stable democracy will require:

  1. proportional representation in which the votes cast reflect the true support for all participating parties and independent candidates;
  2. the attraction of parliamentary candidates with a track record of public service, offering only the national average wage, supplemented by basic London accommodation where needed and travel/secretarial expenses.
  3. and the clear understanding that after election these MPs (and their families) should acquire no shares or non-executive directorships.

And “self-governance, community building and decentralisation; advocating government directly accountable to the people instead of higher officials”.

 

 

 

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Revolving Doors 39: NAO calls to order politicians supporting nuclear power

Today the National Audit Office – the public spending watchdog – recommends that the government reconsider whether more nuclear plants are needed and reproves ministers for failing to consider alternative ways of the costs of the Hinkley nuclear power plant, which could have halved the overall cost to households.

The NAO found that the case for building Hinkley Point had weakened while the government negotiated the final deal, partly because alternative low-carbon sources of power, such as wind and solar, became cheaper.

The plant is under construction in Somerset and is due to open in 2025, supplying 7% of Britain’s electricity. However, the NAO report recommends that the government produce a “plan B” to fill the gap in power generation if the project is delayed or cancelled. It notes that projects using the same reactor design in France, Finland and China “have been beset by delays and cost overruns”.

Note senior politicians or members of their families lobbying for the nuclear industry

  • Three former Labour Energy Ministers (John Hutton, Helen Liddell, Brian Wilson)
  • Gordon Brown’s brother worked as head lobbyist for EDF
  • Jack Cunningham chaired Transatlantic Nuclear Energy Forum
  • Labour Minister Yvette Cooper’s dad was chair of nuclear lobbyists The Nuclear Industry Association.
  • Ed Davey, Lib Dem energy minister’s brother worked for a nuclear lobbyist. When failed to be re-elected went to work for the same nuclear lobbying firm as his brother.
  • Lord Clement Jones who was Nick Clegg’s General Election Party Treasurer was a nuclear industry lobbyist.
  • Tory Peer Lady Maitland is board member of nuclear lobbyist Sovereign Strategy.
  • • Bernard Ingham, Thatcher’s press spokesperson, has been nuclear lobbyist for over 25 years.
  • Tory Peer Lord Jenkin was a paid consultant to nuclear industry.
  • Tory MEP Giles Chichester is president of nuclear lobbyists EEF

Comment from a Times reader who has long held significant reservations about Corbyn and McDonnell, ”Putting aside their sixth form foreign policy, I’m just about willing to give Labour a shot. If we’re going to have somebody (botching) the public finances I’d rather they did it out of well-meaning innumeracy – with some good ideas like a National Education Service & renationalised railways . . . “

 

Other nuclear industry lobbyists including politicians, journalists, academics and lobbyists are listed here: http://powerbase.info/index.php/Category:Individuals_linked_to_the_push_for_nuclear

 

 

 

 

 

Revolving Doors 38: beware corporate management of HS2

Open corruption in the UK in the form of “brown envelopes” is rare. We weave a subtler web, unholy alliances in which those already wealthy entrench their position – and that of friends and family – with high salaries from consultancy and non-executive directorships supporting some political or corporate interest.

The revolving door between HS2 and CH2M

An earlier post on this website covered the report that Roy Hill, managing director of the US headquartered engineering company CH2M, had been seconded to HS2 acting chief executive on a temporary basis.

Mr Hill had worked at HS2’s offices in Canary Wharf for CH2M between 2012 and 2014 after the company won the role of development partner carrying out preparatory work.

CH2M further entrenched?

In Gill Plimmer’s FT article (February 2017) readers were reminded that Mark Thurston, an executive at CH2M, has now been appointed chief executive of HS2 Ltd, replacing the aforementioned Roy Hill. He will take over in March.

However, after a competitor threatened legal action (conflict of interest), in March this year CH2M handed back the contract to design the second phase of the £56bn HS2 — extending the London-Birmingham link on to Manchester and building a branch from the Midlands to Leeds.

HS2 fortified by lobbying consultancies MHP and Westbourne Communications

MHP employees: former politicians and civil servants/government advisers, including:

  • Jane Wilson (public relations, civil service adviser), managing director, corporate affairs team. Former chief executive of the Chartered Institute of Public Relations and reviewer for the Department for Education.
  • Charles Clarke Former Labour Party MP, hired to ‘provide advice to its team’.
  • Edward Davey – former secretary of state for energy and climate change until May 2015.

Westbourne Communications co-founded and run by Conservative James Bethell, the 5th Baron Bethell. Other environmentally damaging causes supported include fracking and extending Birmingham airport. As Transport secretary, Philip Hammond attended the launch of Westbourne’s Campaign for High Speed Rail, when rail companies were asked to pay £10,000 each to a fund. At a dinner organised by Westbourne in November 2012, transport minister Simon Burns said the campaign’s efforts were “greatly appreciated”. HS2 champion Lord Adonis has also spoken at the firm’s events. Westbourne provided the secretariat and press office for the all-party group for high-speed rail, paid for by rail and commercial interests: TSSABruntwoodSouth West TrainsAbellioEurotunnel and Core Cities. With the passing of the HS2 bill (first phase) this APPG has now been disbanded.

The records of potential HS2 suppliers also need to be scrutinised

The president and managing director of Alstom Transport UK & Ireland, which was bidding to provide HS2 trains, stepped down over corruption allegations relating to the supply of trains to the Budapest Metro. Other legal actions facing the company relate to bribery allegations in connection with transport contracts in New Delhi, Tunis, Lithuania and Warsaw.#

 

 

 

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Media 79: mainstream media are not reporting Barclay’s announcement on Third Energy fracking project

Fracking: Five pages were searched and all witnessed to publicity from campaigning groups – a snapshot of the first page may be seen below.

Not ‘commercially viable’? Fracking: environmentally, socially and financially a bad investment

Third Energy, a Barclays subsidiary, which had a licence to frack just south of the North York Moors national park has “not become a profitable investment”. This is due to local opposition, which delays companies’ progress, according to Barclay’s chairman John McFarlane, speaking at the bank’s annual general meeting.

Barclays’ has now announced that it will sell its stake in fracking company Third Energy “in due course”.

Steve Mason of local campaign group Frack Free Ryedale said in a press release: “Clearly fracking is a bad investment environmentally, socially and financially. Where is the long term future of this industry? Why would you put money into an industry that is increasingly rejected by communities and could get banned at anytime?”

 

 

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