← All Topics

Corporate Accountability

3 articles

The PPE Medpro Judgment: When Winning in Court Means Losing £122 Million

• via The Guardian

The PPE Medpro Judgment: When Winning in Court Means Losing £122 Million

How Britain's Institutions Ensure Public Money Flows to Private Profit Without Consequences

David Conn's investigation into the PPE Medpro scandal reveals how Britain's institutions have been structured to ensure that certain individuals can profit from public money without facing consequences. The recent high court judgment ordering PPE Medpro to repay £122 million for defective medical gowns highlights a system where winning in court often means losing money for taxpayers.

When Failure Pays: The Water Industry's Reward System

• via BBC News

When Failure Pays: The Water Industry's Reward System

How privatized water companies in England profit from underinvestment and rising bills

Five English water companies have successfully argued for higher bills to cover infrastructure failures they were supposed to maintain. The Competition and Markets Authority approved an additional £556 million in charges, on top of already planned 36% increases over five years. This comes as serious pollution incidents by water firms jumped 60% in a single year, highlighting a troubling pattern of privatized monopolies profiting from public goods while failing to deliver essential services.

The Sewage State: How England's Water Crisis Exposes Total Institutional Collapse

• via The Guardian

The Sewage State: How England's Water Crisis Exposes Total Institutional Collapse

The UK's water crisis is a textbook case of how privatized monopolies plunder public goods

English water companies dumped raw sewage into rivers and seas at record-breaking levels in 2024, with serious pollution incidents surging 60% in a single year. While politicians promised a crackdown on water pollution, the reality is stark: 75 serious incidents poisoned waterways last year, up from 47 in 2023.