Skip to main content
The Morning Star Shop
City Link: set up to fail?
Inquiry calls rise as shady shell firm is registered by former bosses

Claims of murky corporate manoeuvring at bankrupt courier City Link grew yesterday as its owners were accused of asset-stripping and cash grabs while thousands lose their jobs.

Business Secretary Vince Cable faced union calls for a “forensic investigation” into the collapse of the company, whose tax-dodging parent Better Capital (BC) stunned workers by announcing they were out of a job on Christmas Day.

Taxpayers are now likely to foot the redundancy bill for up to 2,700 former staff who face P45s by New Year’s Day.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
Prime Minister Keir Starmer with Labour's new deputy leader Lucy Powell at an event in central London, October 25, 2025
Features / 28 November 2025
28 November 2025

Martin Taylor, the hedge-fund multimillionaire who has poured millions into pushing Labour rightwards, helped finance Lucy Powell’s supposedly dissenting campaign — suggesting her victory was not the ‘soft-left’ rebellion some have claimed, says SOLOMON HUGHES

BY ANY MEANS POSSIBLE: Yanaocha mine in Cajamarca, Peru is the largest gold mine in South America operated by Newmont Corporation. It is considered the most profitable in the world [Pic: Elbuenminero/CC]
Books / 9 September 2025
9 September 2025

JOE GILL appreciates a lucid demonstration of how capital today is an outgrowth of the colonial economy

A general view of Royal Mail vans at Swadlincote Post Office
Royal Mail / 27 June 2025
27 June 2025
NHS workers on the picket line outside St Thomas' Hospital,
Features / 26 April 2025
26 April 2025

When privatisation is already so deeply embedded in the NHS, we can’t just blindly argue for ‘more funding’ to solve its problems, explain ESTHER GILES, NICO CSERGO, BRIAN GIBBONS and RATHI GUHADASAN