JEREMY CORBYN pledged yesterday that a Labour government will run public services “for the benefit of the many not the profits of the few” in a video response to Carillion going into liquidation.

He described the financial meltdown of the private outsourcing company as a “watershed moment” that proves that the “outsourcing-first dogma” has seen profits creamed off public funds while the companies fail to deliver.

The Labour leader linked the event with the NHS winter crisis, privatisation and outsourcing.
 
He continued: “Staff and patients in our NHS are facing shocking conditions this winter.

“Tory underfunding has caused the crisis, but privatisation, outsourced contracts and profiteering has made it worse.
 
“It’s time we took back control. We not only need to guarantee the public sector takes over the work Carillion was contracted to do but go much further and end contracts where costs spiral, profits soar and services are hollowed out.”