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Private Equity

2 articles

The £200 Billion Extraction: How Privatisation Became Britain's Longest-Running Wealth Transfer

• via The Guardian

The £200 Billion Extraction: How Privatisation Became Britain's Longest-Running Wealth Transfer

Four decades of privatisation have funneled £193bn from UK households to shareholders, while infrastructure decays and bills soar.

Since 1991, £193 billion has been extracted from British households and transferred to shareholders of privatised utilities, while promised competition and efficiency delivered polluted rivers, unreliable trains, and soaring bills. This isn't a policy debate anymore. It's a measurable wealth transfer operating at industrial scale.

The Foster Care Gold Rush: How Private Equity Profits from Britain's Most Vulnerable Children

• via The Guardian

The Foster Care Gold Rush: How Private Equity Profits from Britain's Most Vulnerable Children

Children as Commodities: The Dark Side of Foster Care Privatization

While politicians debate child welfare reforms, private equity firms have quietly transformed foster care into a £104 million profit machine. Almost a quarter of England's foster placements now exist primarily to generate returns for investment funds, with vulnerable children reduced to revenue units in sophisticated financial models.