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‘Privatising health is very important’: Labour's anti-Corbyn candidate before his firm made £17m in tax-free profits
Jeremy Corbyn among nurses from Unite, on the picket line outside St Thomas' Hospital, London, in their continuing dispute over pay, June 27, 2024

LABOUR’S candidate to replace Jeremy Corbyn in Islington North tomorrow has said the privatisation of healthcare is “very, very important” and was until recently director of an investment company for fertility services that made nearly £17 million tax-free profit in nine months.

Praful Nargund was filmed giving a talk in March 2015 saying that “as we are in the run-up to a general election in the UK, privatisation of healthcare is very, very important and it’s about what the private sector can do to prove its worth to the public sector.”

He was that month appointed director of strategy and growth at Create Health Holding Limited, which reported paying no tax on nearly £17m in profit for the last nine months of 2021, its Companies House filings show.

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