Barnet council is currently embarking on a mass privatisation drive (Future Shape aka easyCouncil); they want to stop direct employment of council workers and farm them and service delivery out to arms length companies such as Barnet Homes and to multinationals such as... Connaught.
Oops. Connaught, the firm that has the contract for council house repairs in Barnet, among other places, is going bust. What will happen to Connaught's local workforce (once TUPE'd over to Barnet Homes and then again to Connaught)? Hopefully, they will be brought back into the Barnet fold.
It's a worrying time for the Connaught workers, annoying for Barnet's council tenants, who have only an emergency repairs service (as I understand it), and alarming for all Barnet residents who care to think about it: privatising services is no guarantee of a reliable, cheap service, yet Barnet's Tories present it as the answer to all our prayers.
In fact, the Connaught story shows Future Shape happening in reverse, no bad thing!