Cuts Watch

Cuts Watch #26: private sector contracts under threat

2nd June 2010 — Filed under: Cuts Watch: Environment, Cuts Watch: Regions, Cuts Watch: Transport

Adam Lent Adam Lent

The FT reports today  (registration required) that the Treasury is now actively considering whether to revoke almost 100 government contracts with private sector firms as part of its review of all “state support” granted since January.  Sectors which may be in the firing line include the auto industry, offshore wind and civil nuclear power. It’s possible that the decisions on these contracts could be reported as soon as the Emergency Budget on 22nd June.  The FT also reports that the Ministry of Defence is reviewing procurement projects worth £10 billion.  The report suggests this could hit both UK and overseas firms.

6 Responses to Cuts Watch #26: private sector contracts under threat

  1. Trackback made by Tweets that mention Cuts Watch #26: private sector contracts under threat | ToUChstone blog: A public policy blog from the TUC -- Topsy.com on Jun 2nd 2010 at 10:05 pm:

    [...] This post was mentioned on Twitter by ToUChstone blog, TIGMOO. TIGMOO said: ToUChstone blog: Cuts Watch #26: private sector contracts under threat http://bit.ly/9eQHdX [...]

  2. Trackback made by Young people are poorly served by the Coalition's cuts | Left Foot Forward on Jun 8th 2010 at 2:51 pm:

    [...] people, to do – and with public sector cuts looming, with inevitable knock on effects for the private sector, the situation looks unlikely to improve soon. In this situation, the risks of long-term [...]

  3. Trackback made by Cuts watch #52: private sector contracts get reprieve | ToUChstone blog: A public policy blog from the TUC on Jun 10th 2010 at 8:52 pm:

    [...] good(ish) news at last.  The FT reports (registration required) that the Treasury review of private sector contracts will probably let most go ahead.  It says that the bulk of loans and [...]

  4. Trackback made by Cuts Watch #73: the review of spending decisions | ToUChstone blog: A public policy blog from the TUC on Jun 17th 2010 at 1:51 pm:

    [...] announced the results of the Treasury review of spending decisions made after 1 January.Adam reported on this review at the beginning of the month, but it is a side to the cuts that has been missed by [...]

  5. Trackback made by The cuts and the private sector | ToUChstone blog: A public policy blog from the TUC on Aug 1st 2010 at 3:57 pm:

    [...] sector has mainly been positive about government cuts, even gleeful at first. But, as we have pointed out, the private sector will also be hit by the cuts – about 30 per cent of public sector spending [...]

  6. Trackback made by How the Coalition’s cuts are hitting the private sector | Liberal Conspiracy on Aug 1st 2010 at 5:46 pm:

    [...] as we at the TUC have pointed out, the private sector will also be hit by the cuts – about 30 per cent of public sector spending [...]