Social services for vulnerable children in England to be privatised
'The government is planning to allow outsourcing firms to bid for contracts to manage social services for vulnerable children in England – while dropping laws allowing the removal of companies that fail to do the job properly.
A number of firms have expressed an interest in proposals that would allow them to bid for contracts managing foster care and providing other services for children in care.
But Labour says the plans would take away legal provisions that allow councils to remove a firm that has failed to meet national minimum standards. They would also relax the rules governing independent inspections of services that place and monitor children who are looked after by the state.'
UK’s blood supply sold to US private equity firm Bain Capital
'The Government was tonight accused of gambling with the UK’s blood supply by selling the state owned NHS plasma supplier to a US private equity firm.
The Department of Health overlooked several healthcare or pharmaceutical firms and at least one blood plasma specialist before choosing to sell an 80 per cent stake in Plasma Resources UK to Bain Capital, the company co-founded by Republican presidential candidate Mitt Romney, in a £230m deal. The Government will retain a 20 per stake and a share of potential future profits.'