Cut benefits? Yes, let’s start with our £85bn corporate welfare handout | Aditya Chakrabortty | Comment is free | The Guardian
A senior lecturer in social policy at the University of York has just
produced the first ever comprehensive audit of the British corporate
welfare state. The figures are astonishing. He takes the financial year
2011-12 and tots up the subsidies and grants paid directly to
businesses. They amount to over £14bn – that is, almost three times the
£5bn paid out that year in income-based jobseeker’s allowance
‘Politicians
and pundits talk about welfare as if it’s solely cash given to people.
Hardly ever discussed is corporate welfare.’ Illustration: Daniel Pudles
