Prem Sikka
@premnsikka.bsky.social
Emeritus Professor of Accounting. Member, UK House of Lords.
If with all your effort and might you do not reach the mountain top that is not failure; failure is that you did not even try.
Prem Nath Sikka, Baron Sikka is a British-Indian accountant and academic. He holds the position of Professor of Accounting at the University of Sheffield, and is Emeritus Professor of Accounting at the University of Essex. .. more
Business
56%
Economics
31%
Ofwat says off-shore payments to Yorkshire Water boss do not flout bonus ban
Campaigners have slammed Ofwat after the water regulator found that the undisclosed off-shore payment of £660,000 to Yorkshire Water boss Nicola Shaw did not flout the Government’s bonus ban rule.
www.yorkshirepost.co.uk
Yorkshire Water flouted director pay rules, secretly handed £660k bonus through offshore parent company.
Regulator OFWAT says that is OK, govt quiet.
Law is just a paper tiger. Abuses continue. Customers fleeced.
Let customers vote on exec pay.
archive.ph/9rYlp
Regulator OFWAT says that is OK, govt quiet.
Law is just a paper tiger. Abuses continue. Customers fleeced.
Let customers vote on exec pay.
archive.ph/9rYlp
Revealed: Thousands of elderly people evicted from care homes every year
Thousands of elderly and vulnerable people have received eviction notices from their care homes in the last year, the Big Issue has found.
www.bigissue.com
7,261 elderly/vulnerable people in care homes given ‘notice to quit’.
Major reason: "revenge evictions’. people “threatened with eviction as a result of raising a complaint"
Care homes are mostly in the private sector, owned by corporations and private equity, profit margins of up to 40%.
Major reason: "revenge evictions’. people “threatened with eviction as a result of raising a complaint"
Care homes are mostly in the private sector, owned by corporations and private equity, profit margins of up to 40%.
Rachel Reeves signals plan to remove two-child benefit cap in budget
Chancellor understood to be preparing to fully reverse measure, which would cost over £3bn but could lift 350,000 children out of poverty
www.theguardian.com
Rachel Reeves signals plan to remove two-child benefit cap in budget.
Welcome. Would lift 350,000 children out of poverty.
Why did Starmer/Reeves follow the Tory policy? Why did 7 MPs have their whip withdrawn for voting against the policy?
What was the point of making children suffer?
Welcome. Would lift 350,000 children out of poverty.
Why did Starmer/Reeves follow the Tory policy? Why did 7 MPs have their whip withdrawn for voting against the policy?
What was the point of making children suffer?
Post Office Horizon IT contract extended for another year
It is paying £41m to the Japanese-owned company Fujitsu to use the Horizon system until March 2027.
www.bbc.co.uk
Post Office Horizon IT contract extended for another year.
PO to pay £41m to Fujitsu.
Fujitsu was instrumental in persecution of innocent postmasters. £1.2bn compensation paid from public purse. More to follow. Fujitsu haven't paid a penny, no one has been charged.
Why is Fujitsu being rewarded?
PO to pay £41m to Fujitsu.
Fujitsu was instrumental in persecution of innocent postmasters. £1.2bn compensation paid from public purse. More to follow. Fujitsu haven't paid a penny, no one has been charged.
Why is Fujitsu being rewarded?
Please read the linked article.
£180,000 is about 7.5 years of minimum wage.
Nothing will change until the political system is freed from the clutches of corporations and the super-rich
The law is being used to enforce existing power structures for the benefit of the few
leftfootforward.org
This is the rule of law in the UK.
20 years in prison for stealing a phone.
8,493 persons serving indefinite prison sentences, often for petty crime.
No one charged for the Post Office scandal, Grenfell fire, cladding scandal, mortgage prisoners, banking frauds.
Who does the law serve?
20 years in prison for stealing a phone.
8,493 persons serving indefinite prison sentences, often for petty crime.
No one charged for the Post Office scandal, Grenfell fire, cladding scandal, mortgage prisoners, banking frauds.
Who does the law serve?
UK divisions of ticket resale website Viagogo hit with £15m bill over tax shortfall
Company already under scrutiny on ‘secondary ticketing’ amid outcry over touts using such platforms to exploit fans
www.theguardian.com
UK divisions of ticket resale website Viagogo hit with £15m bill over tax shortfall.
The company suspected of shifting profits to low/no tax offshore jurisdictions, a widespread practice among large companies.
Viagogo is already under scrutiny as the govt moves is reviewing “secondary ticketing”.
The company suspected of shifting profits to low/no tax offshore jurisdictions, a widespread practice among large companies.
Viagogo is already under scrutiny as the govt moves is reviewing “secondary ticketing”.
No link between paracetamol in pregnancy and autism or ADHD in children, review finds
Wide-ranging review finds no convincing connection after Trump said women should ‘fight like hell’ to avoid painkiller
www.theguardian.com
Memo to Donald Trump
There is no link between paracetamol in pregnancy and autism or ADHD in children.
But Trump, the felon, is a danger, spreading hate and poverty, threatening other countries, sending troops to US cities; ignoring laws and treaties and climate change.
There is no link between paracetamol in pregnancy and autism or ADHD in children.
But Trump, the felon, is a danger, spreading hate and poverty, threatening other countries, sending troops to US cities; ignoring laws and treaties and climate change.
Hopefully, HOL will be abolished. I would vote for that.
But money buys economic and political power.
But money buys economic and political power.
Tutor sought for £180k job to teach baby to become a 'gentleman'
The advert seeks
www.bbc.co.uk
A London family wants £180k a year tutor for one-year old child to help him become an English gentleman.
Tutor must have gone to "the right kinds of schools", knowledge of horse riding, skiing, the arts and music.
This is the real island of strangers where class wars are inculcated at young age.
Tutor must have gone to "the right kinds of schools", knowledge of horse riding, skiing, the arts and music.
This is the real island of strangers where class wars are inculcated at young age.
Homelessness figures higher than data suggests, research shows
Official data for England underestimates the scale of the problem, according to research for charity Crisis says.
www.bbc.co.uk
England homelessness grown by a fifth since 2022, now 300,000.
Successive govts cut local authority funding in real terms, cut real wages/benefits, no curbs on profiteering, lack of social housing.
Cheaper to build social housing than using temporary accommodation.
Misery is a political choice.
Successive govts cut local authority funding in real terms, cut real wages/benefits, no curbs on profiteering, lack of social housing.
Cheaper to build social housing than using temporary accommodation.
Misery is a political choice.
The law assumes (see the linked article) that claimants of certain benefit have fraudulent tendencies and the govt is taking powers to snoop on their bank accounts. No notice and no right of appeal. The equivalent powers not taken for dealing with others. See the linked article for details.
My question - Whose law, who rules?
Also please see the linked article.
Also please see the linked article.
Thank you Elaine for turning the few into many.
Nothing will change until the political system is freed from the clutches of corporations and the super-rich
The law is being used to enforce existing power structures for the benefit of the few
leftfootforward.org
The rule of law has delivered:
Profiteering
Poverty
Poor housing
Low wages/pensions
Queues for hospital appointments
Premature death to many
Sewage in rivers
Cuts in spending on essential services
Closure of libraries, community centres.
Whose law, who rules? Govts appease corporations/rich.
Profiteering
Poverty
Poor housing
Low wages/pensions
Queues for hospital appointments
Premature death to many
Sewage in rivers
Cuts in spending on essential services
Closure of libraries, community centres.
Whose law, who rules? Govts appease corporations/rich.
A London lawyer bought hundreds of Sheffield freeholds. Then the ‘very aggressive’ letters arrived
Exclusive: The Tribune can reveal that Andrew Milne has threatened leaseholders with high court action. It ‘broke my heart’ one woman says
www.sheffieldtribune.co.uk
A London lawyer bought hundreds of Sheffield freeholds. Then the ‘very aggressive’ letters arrived.
Scares people into paying extortionate price for freehold, 6000% profit.
Previously arrested, charged with stalking offences.
Govt must investigate these vampires.
Scares people into paying extortionate price for freehold, 6000% profit.
Previously arrested, charged with stalking offences.
Govt must investigate these vampires.
Corporate profiteering and takeover predates Trump. UK privatisation of essential industries accelerated it.