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Private-sector parasites
Even Justice Secretary Chris Grayling is embarrassed enough to pull the plug on a privatisation

When even Justice Secretary Chris Grayling feels embarrassed enough to pull the plug on a privatisation too far, it's an indication of the toxicity of the Serco brand.

Grayling's decision over Hatfield, Moorland and Lindholme prisons in Yorkshire ought to herald fresh consideration of the role of private corporations' infiltration of the public sector in search of easy profits.

In common with its "competitor" G4S, Serco has lived well off the taxpayer, with 25 per cent of its contracts arriving courtesy of the government.

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