Latest news with #privatisation
Zawya
8 hours ago
- Business
- Zawya
Uzbekistan to privatise mobile operator UMS
TASHKENT - Uzbekistan has begun the privatisation of mobile operator Universal Mobile Systems (UMS), the government of the Central Asian country said on Tuesday. The government plans to sell 100% of the company's equity to domestic or international investors, and has tapped Rothschild & Co to serve as lead consultant on the transaction. KPMG will act as an additional financial consultant. UMS, also known by its brand name Mobiuz, provides mobile and internet services to more than 7.8 million customers in Uzbekistan, which has a population of roughly 37 million people. The company reported 2024 net revenue of 2.08 trillion Uzbek soms ($164 million). UMS was originally established as a joint venture between Uzbekistan and Russian telecom operator MTS before MTS sold its stake to the Uzbek government in 2016. Applications for bids will be accepted until August 1, Uzbekistan's state asset management agency said. (Reporting by Muhammadsharif Mamatkulov in Tashkent; Writing by Lucy Papachristou in London; Editing by Kirsten Donovan)
Daily Mail
a day ago
- Health
- Daily Mail
RICHARD LITTLEJOHN: How dare the far-Left ideologues who run our health service visit their class-war bigotry on sick children
How often have you heard the Left scaremongering about the imminent privatisation of the NHS, warning of patients being turned away from hospitals and GP surgeries because they can't afford to pay? At every election I can remember they have disingenuously raised the spectre of people dying in agony because the Tories, and now Reform, were planning to scrap the 'free-at-the-point-of-use' principle which underpins the health service.
The Independent
2 days ago
- Health
- The Independent
NHS spends £1.8bn a year on private firms, says GMB in call to end outsourcing
A trade union is stepping up calls to end privatisation in the NHS after its research suggested health trusts spend at least £1.8 billion a year on private companies. The GMB said requests using freedom of information laws to more than 200 trusts show they spend £1,831,105,580 annually on outsourced contracts. Almost half the trusts did not respond so the true figure could be far higher, it is claimed. A separate investigation found ambulance trusts across England spent £290 million on private ambulances during the past three years. The total annual spend has almost doubled since 2021/22, according to the data. The GMB said it wants to send a message to the Government from its annual congress in Brighton on Monday. Ambulance worker Mo Akbar will tell delegates: 'GMB members demand an end to privatisation. 'We must bring all outsourced services like cleaning, catering, and facilities back in-house. 'We demand real-terms restorative pay from the 14 years of brutal austerity. 'Workers and communities should have more say in how the NHS is run, ensuring decisions focus on patient care, not financial targets. Health outcomes are tied to poverty, housing, and working conditions, so NHS rebuilding must also address these inequalities. 'This Labour Government will have a crisis of legitimacy if they choose a path of further privatisation of the NHS, which would put at risk the sense of the collectivism that is at the heart of our health service 'We must be resolute in fighting for our National Health Service.'
The Guardian
3 days ago
- Business
- The Guardian
Australia news live: community to hold vigil for Pheobe Bishop; embattled Tasmanian premier pulls privatisation study
Update: Date: 2025-06-07T23:06:23.000Z Title: James Content: Shadow finance Minister Paterson will speak to ABC Insiders host David Speers this morning. Earlier this morning federal trade Minister, Senator Don Farrell spoke to Sky News. He was followed by Coalition MP Tim Wilson. Resources Minister Madeleine King will hold a presser in Western Australia this morning. We will bring you the latest as it develops. Update: Date: 2025-06-07T23:04:10.000Z Title: Privatisation shelved as premier fights to stay afloat Content: Tasmanian Premier Jeremy Rockliff has intervened to end his government's push to sell off state assets after a turbulent week in which he lost a no-confidence motion in parliament. Rockliff has stopped prominent economist Saul Eslake from preparing a report on viable opportunities to sell government-owned businesses to support Tasmania's troubled finances. In a post to social media, he promised legislation ensuring that any sales would require a two-thirds majority support in parliament. Today, I can confirm that there will be no privatisation under a Government I lead. We will also be changing the law so that a government business can only be sold in future if it receives a two-thirds majority in the Parliament. An election could be called on Tuesday. Despite feuding over the state's finances, Tasmania's proposed $715m stadium looms as the biggest issue. The roofed Macquarie Point proposal is a condition of an AFL licence, with the state government responsible for delivery and cost overruns. Labor and the Liberals support the stadium but recent polls suggest Tasmanians are not sold. Firebrand senator Jacqui Lambie, independent federal MP Andrew Wilkie and acclaimed author Richard Flanagan are among well-known Tasmanians who oppose the project. - AAP Update: Date: 2025-06-07T23:03:58.000Z Title: Vigil for Pheobe Bishop following grim bush discovery Content: A vigil will be held in memory of 17-year-old Pheobe Bishop after the discovery of human remains in rugged national parkland. The vigil follows police confirmation that they found human remains in 'unforgiving' terrain in a national park southwest of Bundaberg. Floral tributes were laid outside the share house where Bishop lived, with a candlelight vigil at Kolan Community Park between 4pm and 6pm on Sunday. Locals have been asked to wear bright colours and butterflies. A second candlelight vigil will be held at Buss Park in nearby Bundaberg on Monday from 5pm. Well-wishers have left tributes on social media sites advertising the events. Bishop was last seen near Bundaberg airport about 8.30am on 15 May after booking a trip to Western Australia to see her boyfriend. Police have charged her housemates with her murder. – with AAP Update: Date: 2025-06-07T23:03:28.000Z Title: Good morning Content: And welcome to another Sunday morning Guardian live blog. A vigil will be held for a Queensland teenager Pheobe Bishop on Sunday afternoon after police confirmed they had found human remains in a national park. Bishop's housemates have been charged with her murder after she missed a flight she was expected to board at Bundaberg Airport. Embattled Tasmanian Premier Jeremy Rockliff has intervened to stop a privatisation to sell off state assets after losing a no-confidence vote in parliament earlier this week. The Premier is expected to call an election on Tuesday after facing pressure over his government's management of state finances. I'm Royce Kurmelovs and I'll be taking the blog through the day. With that, let's get started …
ABC News
4 days ago
- Business
- ABC News
Tasmanian Liberals rule out sale of state-owned assets amid talk of early election
Tasmania's Liberal government has scrapped its controversial plan to explore the privatisation of some publicly owned companies, as it gears up for a very early election. Labor, members of the crossbench and the Greens passed a motion of no-confidence in Premier Jeremy Rockliff on Thursday afternoon. One of the reasons for the motion was the government's hopes to sell of some state-owned companies to pay down Tasmania's growing debt. With an election now on the horizon, Mr Rockliff has walked away from those plans. "There will be no privatisation under the Tasmanian Liberal government," Mr Rockliff said in a statement on Saturday. The government had commissioned independent economist Saul Eslake to assess which government business enterprises might be worth selling off. Mr Eslake had already ruled out a number, including Port Arthur and TasRacing, with the government taking his advice on board. It had also ruled out selling Hydro Tasmania and Spirit of Tasmania operator TT-Line. Mr Eslake was due to hand down a further report on June 30. But Mr Rockliff said that process was now over, and accused Labor Leader Dean Winter of using a "scare campaign" around privatisation to force an early election. "It's clear Mr Winter is incapable of having a mature conversation," Mr Rockliff said. "Given this, we are ceasing that process now. "It is over. "There will be no privatisation of any government-owned business under our Liberal government. "None." In a statement Mr Winter accused Mr Rockliff of being "pathetic". "How could you ever believe him? He was talking up his privatisation plan on Thursday then pretending he didn't believe in it on Friday. "This is an act of a desperate man who will do anything to cling to power. Tasmanians will never trust him not to sell our assets. "He's broken the budget, he'll privatise our assets and our Spirits of Tasmania are still on the wrong side of the world. "This is yet another example why Tasmania needs change." Years before he was Labor leader, Mr Winter spoke in favour of having conversations about privatisation, describing them as healthy to have. Mr Rockliff said the government would also be implementing all of Mr Eslake's recommendations from the Independent Review into the State's Finances. The exception was those that related to new or increased taxes and reducing infrastructure spending.
