Welcome to Rip-Off Britain.
A country remade by privatisation.
Our latest project — Who Owns Britain? — explores how a radical experiment transformed our society and shapes your life.
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🚨 NEW POLLING 🚨
Do you think it would be a good idea for the government to set up an energy company which is publicly owned, aiming to create low cost environmentally friendly energy?
ALL VOTERS
Good Idea 72%
Bad idea 9%
CONSERVATIVE VOTERS
Good Idea 72%
Bad idea 11%
With a new wave of rail strikes beginning today, we're shining a light on who owns Britain's train operating companies.
Privatisation has transformed our railways into engines of extraction for investors and overseas state enterprises.
(Chart: spring 2020).
The Government said it’d cost £99bn to publicly own our water.
But this figure is based on a report paid for by… the water companies.
The true cost is closer to zero.
@ewan_mg explains why on @LBC with @AndrewMarr9 👇
Steve Reed is right. We should focus on facts. So let's start with eight claims made to @krishgm
1. The £100bn figure. This makes no sense and is not credibly evidenced. The true and fair value in law is close to zero.
Legal expert @ewan_mg unpacks
“I'm not going to focus on ideology."
It would cost £100bn to nationalise water companies and the government would have to take that money from the NHS and education, Environment Secretary Steve Reed tells @krishgm
The Government said it’d cost £99bn to publicly own our water.
But this drew on calculations by — drumroll — water company lobbyists. The true cost is closer to zero.
Here’s why. 🧵
The oil price collapse creates a historic opening: a public buy out of the fossil fuel sector to enact a managed decline of extraction and ensure a just transition for workers & communities.
Read more in our GND series by @johannabozuwa@carlaskandier
🚨 NEW: UK gas & electricity distribution companies have higher profit margins than any other sector 🚨
⚡️42.5% for electricity
🔥40.5% for gas
As bills soar, our latest briefing with @sanha926 & Joseph Baines examines the UK's energy networks👇
common-wealth.co.uk/reports/profit…
💰 How much public wealth do you think was given away for free via Right to Buy?
1bn? 10bn? 100bn?
Try 200 BILLION pounds.
🧵 Here's how Britain’s most infamous housing policy became its biggest housing disaster — and near the largest privatisation in British history.
NEW🚨 Who owns the North Sea? Explore our interactive map showing who owns oil and gas licenses in the North Sea - and why it matters. 🛢🌊
➡️ common-wealth.co.uk/interactive-di…
Today we're launching a UK #GreenNewDeal. 🌱
Bringing together activists and progressive policy thinkers ✊ we have reports out all this month covering finance 💳 green internationalism 🌍 industrial policy 🏗️ housing 🏡️ and much more. ✍
common-wealth.co.uk/Road-Map-to-a-…
We first published this back in 2020. This is the fourth rail franchise to be nationalised since.
We need every single one in public ownership, with democratic control at the heart of a new rail system.
bbc.co.uk/news/business-…
We're excited to announce Common Wealth is coming soon!
We design ownership models for a democratic and sustainable economy.
Follow us for updates on our work on ownership and the 21st century commons.
Every time you board a bus, or catch a train, you are caught in a web of private ownership.
“Public” transport is not public.
Why is transport costing more while our services keep getting worse?
🧵 Let’s look at the facts.