21 October 2008
"Growth will be our mount, equity will be our companion, and social justice will be our destination."
23 September 2008
Alan Milburn, Health Secretary from 1998 to 2003
Alan Milburn is listed in his declaration of members’ interests at the House of Commons as a director of Covidien, which describes itself as "a $10bn global healthcare products leader". He is also a member of Lloydspharmacy’s Healthcare Advisory Panel. Milburn is an advisor to the European advisory panel of leading private equity firm Bridgepoint, which specialises in healthcare investments. Milburn declares his income from these senior appointments as over £30,000 a year from Bridgepoint; over £25,000 from Lloydspharmacy; nothing listed for Covidien; and a further over £20,000 as
29 April 2008
There is an institution that sacks trade unionists and allows its workers to stand for the fascist British National Party (BNP) in elections. It’s not a union-busting private equity company, but the government’s Department for Work and Pensions (DWP).
18 September 2007
Richard Lambert, director-general of the CBI, was challenged over the tax arrangements of private equity firms as the unions claimed their jobs and conditions were affected by company takeovers.
17 July 2007
"The industry has come to be seen as needlessly secretive, feeding suspicion and in some quarters close to hostility," said Sir David Walker at the launch of a review on the private equity industry.
20 June 2007
Until this year the words "private equity" meant very little to most people. But now private equity companies are at the centre of a major row about how big business operates.
05 June 2007
The GMB union has accused the private equity industry of raiding workers’ pensions and dumping liabilities into insolvent pension funds.
24 April 2007
‘Within 60 minutes of Macquarie’s move, they had abolished the final salary pension scheme.
03 March 2007