Deloitte Quit Welfare To Work: Are The Wheels Falling Off The Workfare Gravy Train?

Posted: November 8, 2013 by rainbowwarriorlizzie in Uncategorized

the void

rats-sinking-shipIn a humiliating blow for Iain Duncan Smith’s flagship back to work programme, one of the largest investors have announced they are selling their stake in the scheme.

Tax dodging specialists Deloitte own half of Ingeus, one of the welfare-to-work companies who are contracted to carry out the disastrous Work Programme.  They are now selling that stake and pulling out of the sector altogether.

This decision comes despite George Osborne’s announcement of a quarter of a billion pound hand out to the welfare-to-work sector as part of his upcoming mass workfare scheme.  It suggests that all is not well in the welfare-to-work sector.

Back in the glory days of welfare-to-work unemployment was steadily falling due to a long period of economic growth.  Welfare-to-work companies made billions on the back of this, convincing a succession of clueless Labour ministers that this was all down to their wonderful job search training.  The…

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