Acceptable and affordable housing is a key part of the college experience. It is not an asset class. https://www.theguardian.com/commentisfree/2023/aug/30/student-accommodation-university-housing-crisis?CMP=Share_AndroidApp_Other
On the dangers of privatising a critical service. And the UK has done it about as bad as you can imagine. Poor regulation combined with highly indebted water provider owned by private equity sowed the seeds for an epic disaster. https://www.theguardian.com/business/2023/jun/30/in-charts-how-privatisation-drained-thames-waters-coffers?CMP=Share_AndroidApp_Other
When the most critical service society needs is subject to opacity, leverage and lack of accountability something is wrong UK water company dividends jump to £1.4bn despite criticism over sewage outflows – https://on.ft.com/44ydzMy via @FT
A fully privatized mortgage market will fundamentally change mortgage credit. The US is the only mortgage market in the world with a fixed rate for 30 years. It only works because most mortgages have no credit risk. Once you remove the govt guarantee you then have both credit risk and interest rate risk. Investors facing …
Drivers tell of chaos at UK’s privately run PPE stockpile Another outsourcing disaster. Due diligence was conducted? Really? https://www.theguardian.com/world/2020/may/14/coronavirus-uk-privately-run-ppe-stockpile-chaos-movianto?CMP=Share_AndroidApp_WordPress
84% of care home beds in England owned by private firms https://www.theguardian.com/society/2019/sep/19/84-of-care-home-beds-in-england-owned-by-private-firms?CMP=Share_AndroidApp_WordPress
The Guardian view on private jails: flaws in the system https://www.theguardian.com/commentisfree/2019/may/13/the-guardian-view-on-private-jails-flaws-in-the-system?CMP=Share_AndroidApp_WordPress
Watchdog slams Grayling’s ‘costly’ probation changes What a surprise that Grayling has also made a hash of the Transportation Ministry. https://www.theguardian.com/society/2019/mar/01/watchdog-slams-extremely-costly-probation-changes?CMP=Share_AndroidApp_WordPress