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From The Socialist newspaper, 12 December 2018

Interserve debts

Interserve shares have collapsed

Interserve shares have collapsed   (Click to enlarge)

Shares in Interserve - one of the UK's largest private providers of public services - have collapsed after it announced it has 500 million worth of debts. Interserve is the largest private provider of public services. For example, at King George Hospital in east London (whose A&E is under threat of closure) Interserve has a 35 million contract for cleaning, security, meals, waste management and maintenance. It also has its fingers in infrastructure projects and even probation.

The revelations follow the collapse of Carillion in January. Like then, we call for all the contracts and services to be brought back in house by the government and for every job to be saved.

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In The Socialist 12 December 2018:


What we think

Tory chaos reaches fever pitch


News

National Union of Students faces bankruptcy

Tories' NHS cash insult - mass action can save our NHS

Cuts and NHS crisis result in 'excess' elderly deaths

Corbyn supporter wins Welsh Labour leadership

Worldwide threat to journalists at worst for ten years

Interserve debts

Universal Credit Christmas misery


Workplace news

Tommy Robinson's rich backers

Strike action saves jobs at Cammell Laird shipyard

Select Chris Baugh as Left Unity AGS candidate

Spontaneous hull walkouts stick two fingers up at Tory anti-trade union laws

Hull council workers fight to protect sick pay

Veolia waste workers vote for action in Cheshire

Workplace news in brief


France

France in revolt


John Maclean

John Maclean - revolutionary fighter of the working class


Socialist Party reports and campaigns

Women's Lives Matter national meeting - a determination to fight cuts to domestic violence services

'Stansted 15' - outrageous guilty verdict

Socialist Students LJMU victory

Jobs and homes not racism - kick the Tories out!

Give us a bumper Christmas cash boost!


TUSC

New twist in Derby TUSC election agent case


Obituary

Obituary - Beth Roper (1990-2018) - comrade, friend and fighter


Christmas Quiz

The Socialist quiz of 2018


 

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Related links:

Public services:

triangleIgnore the hype - austerity goes on: organise to resist

triangleStand firm for socialist policies to stop Tory attacks

triangleUnions must fight to make bus drivers and passengers safe

triangleEven social-care bosses say cuts have gone too far

triangleBirmingham home care strikers close to victory!

Government:

triangleUnite regional committee votes to support anti-cuts Enfield councillor

triangleFrench workers demonstrating in Paris on 16 January; Over 40 days of strike action have taken place against the government's attack on pensions. Photo James Ivens

triangleCladding scandal: Government steps up defence of landlords

triangleNo free ride for the airline bosses - nationalise Flybe now!

Carillion:

triangleCapitalism fails NHS services in Liverpool: scrap PFI!

triangleWeak Tories must go. General election now!

triangleTories ensured Carillion meltdown went unchecked

East London:

triangleEast London Socialist Party: Fighting sexism today - and for socialism

triangleA win against academisation in east London

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