British government austerity measures aimed at slashing spending in local Government and the health service are likely to deliver billions of pounds of new business for private corporations. The measures planned in Ireland to downsize local Government and cut services can be viewed as being part of the same process.
The article begins:
“Outsourcing firms are preparing for a bonanza of local authority contracts to provide everything from bin men to back office bureaucrats and have reported a doubling in the number of deals on offer this year. Private health companies are also expecting to earn billions of pounds from the planned overhaul of the NHS in which GPs would take over responsibility for spending £70bn.”
To Read the Rest of this Article:
http://www.guardian.co.uk/politics/2010/jul/16/austerity-drive-billions-private-sector

