Huge privatisation by firm linked to Crosby

SKWAWKBOX

gib logoThe huge financial services group, Macquarie, has announced the completion of its £2.3bn purchase of the UK’s Green Investment Bank. This marks the second major purchase of a UK institution by the Australian corporation, which previously bought – and then sold – Thames Water.

Macquarie is one of numerous companies in various industries that are, or have been, clients of Tory campaign guru Lynton Crosby and have which benefited either from being able to purchase UK utilities/institutions or from changes in government plans, according to 2013 articles (here and here) by Ayes to the Left.

In early 2015, at a time when water regulator Ofwat launched a plan forcing water prices down by 5% a year, Thames Water was able to add £12 a year to each household bill to offset the cost of a new ‘super sewer’ for the capital – which will have made a…

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