Profits increase NINEFOLD for a company providing accommodation for asylum seekers

Profits increase NINEFOLD for a company providing accommodation for asylum seekers

A new investigation published by Corporate Watch, in collaboration with Good Jobs First, has uncovered evidence of soaring profits and burgeoning property portfolios among key subcontractors providing accommodation for asylum seekers. The report, timed to coincide with Clearsprings Ready Homes’ latest annual accounts, reveals how Cromwood Ltd and NACCS Ltd – both major subcontractors for Clearsprings – have amassed significant property portfolio…

Publicly-funded slum landlordism: the case of Clearsprings, Cromwood & NACCS - Corporate Watch

The system for housing asylum seekers in the UK sees the country divided into regional fiefdoms controlled by Mears Group, Serco and Clearsprings Ready Homes, through a set of decade-long contracts agreed with the Home Office. Clearsprings Ready Homes is the contractor responsible for supplying accommodation in southern England and Wales. To many migrants’ rights campaigners, it is a name synonymous with gross profiteering off the backs of vulne…