Presentation is loading. Please wait.

Presentation is loading. Please wait.

Equality is Better For Everyone. Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest Who gets the benefit?

Similar presentations


Presentation on theme: "Equality is Better For Everyone. Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest Who gets the benefit?"— Presentation transcript:

1 Equality is Better For Everyone

2 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest Who gets the benefit?

3 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest

4 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest

5 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest

6 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest

7 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest

8 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest

9 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest http://www.tuc.org.uk/sites/default/files/tucfiles/The_Great_Train_Robbery_7June2013.pdf Twenty years later, the privatised rail system requires billions more in tax payer subsidy each year (p. 24, exhibit 7) and has failed to bring in adequate private investment in track or trains (pp. 24-5) so that average age of rolling stock has actually increased (pp. 25-6, exhibit 9) Train Operating Companies can make profits only because since 2002 the quasi-public Network Rail runs the infrastructure with a public subsidy of around £4 billion each year (pp. 58-61, exhibit 28). Less direct subsidy for the TOCs is balanced by more public subsidy and debt guarantees for Network Rail and in this way the Treasury keeps many of the costs of rail off the public balance sheet and creates the illusion of profitability among TOCs (pp. 73-6, exhibit 40)

10 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest Energy industry price levels are between 10 and 20% higher Less than 4% of our energy is supplied from renewable sources, much less than other European partners

11 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest http://www.publications.parliament.uk/pa/cm201012/cmselect/cmtreasy/1146/114608.htm National Audit Office report 2011 The use of PFI "has the effect of increasing the cost of finance for public investments relative to what would be available to the government if it borrowed on its own account" and "the price of finance is significantly higher with a PFI."

12 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest http://webarchive.nationalarchives.gov.uk/20130129110402/http://www.hm-treasury.gov.uk/d/summary_document_pfi_data_march_2012.pdf There are 717 current projects of which 648 are operational The total capital costs of current PFI projects is £54.7billion

13 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest http://webarchive.nationalarchives.gov.uk/20130129110402/http://www.hm-treasury.gov.uk/d/summary_document_pfi_data_march_2012.pdf There are 717 current projects of which 648 are operational The total capital costs of current PFI projects is £54.7billion The total cost will be more than £301 billion over the project lifetime. http://www.theguardian.com/politics/2012/jul/05/pfi-cost-300bn

14 Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest "Rarely has the British public been boondoggled quite so systematically and on such a scale"

15 What Can Be Done? Sign up to our mailing list Facebook www.facebook.com/EqualityNorthWest YouTube www.youtube.com/EqualityNorthWest


Download ppt "Equality is Better For Everyone. Manchester Young Greens November 2014 www.facebook.com/EqualityNorthWest Who gets the benefit?"

Similar presentations


Ads by Google