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%
These morons think that people in Asia, Africa and the Middle East would just be happy in slavery.
Trump empowering Russia and China and more countries will pivot away from the US. A global realignment will accelerate. More countries will go nuclear.
Trump empowering Russia and China and more countries will pivot away from the US. A global realignment will accelerate. More countries will go nuclear.
Stephen Miller ramps up Trump threats to take over Greenland in fiery CNN interview
During a heated back and forth with Jake Tapper, the White House deputy chief of staff argued the ‘future of the free world’ depended on the U.S. taking aggressive actions such as the recent capture o...
www.independent.co.uk
Chilling warning from a Trump-aide.
”the U.S. will use its military “unapologetically” to secure U.S. interests".
“nobody is going to fight the United States militarily over the future of Greenland.”
"Western countries should not have given up their empires and colonies after WWII".
Madness.
”the U.S. will use its military “unapologetically” to secure U.S. interests".
“nobody is going to fight the United States militarily over the future of Greenland.”
"Western countries should not have given up their empires and colonies after WWII".
Madness.
Must appease King Donald.
US will be exempt from global tax deal targeting profits of large multinationals
Agreement finalised by the OECD waters down a landmark 2021 deal that set a minimum global corporate tax of 15%
www.theguardian.com
The world capitulates.
150 countries agree plan to stop global companies shifting profits to low-tax jurisdictions, but US companies will be exempt from 15% global minimum tax.
They make profit we fund the cost.
The race to the bottom will accelerate.
150 countries agree plan to stop global companies shifting profits to low-tax jurisdictions, but US companies will be exempt from 15% global minimum tax.
They make profit we fund the cost.
The race to the bottom will accelerate.
Shortage of NHS stroke specialists resulting in thousands dead or disabled, say doctors
Exclusive: Lack of consultants in UK health service means patients do not get drugs or surgery in time, say senior medics
www.theguardian.com
Shortage of NHS stroke specialists in England resulting in death or disability.
Between 10,000 and 20,000 patients died or sustained a serious disability because of treatment delays.
Lives destroyed by fiscal rules, austerity, appeasement of the rich and forcing people to go private.
Between 10,000 and 20,000 patients died or sustained a serious disability because of treatment delays.
Lives destroyed by fiscal rules, austerity, appeasement of the rich and forcing people to go private.
Two major UK chains plunge into administration putting 2,500 jobs at risk
Claire's and The Original Factory Shop are set to enter administration, putting around 2,500 jobs at risk of redundancy, after their owner reported 'an alarming drop-off in pre-Christmas footfall'
www.mirror.co.uk
Private equity owned Claire's and The Original Factory Shop to enter administration.
Years of under-investment and cash extraction take toll.
Private equity continues to devour high street.
Years of under-investment and cash extraction take toll.
Private equity continues to devour high street.
Trump says he's 'very serious' about taking Greenland - despite warnings it will end NATO
"We need it for national security, right now," said Donald Trump when asked by Sky's US partner network NBC News about whether he's serious about taking Greenland.
news.sky.com
Trump says he's 'very serious' about taking Greenland - despite warnings it will end NATO.
The unhinged felon is a threat to global peace, and has provided a template for powerful nations to expand empires by force.
Who will impose sanctions on the US?
The unhinged felon is a threat to global peace, and has provided a template for powerful nations to expand empires by force.
Who will impose sanctions on the US?
US attack on Venezuela: Death toll rises to 80 civilians and military personnel
Trump says Venezuela’s acting president could 'pay a very big price' if she continued to refuse cooperation with the US
www.middleeasteye.net
Death toll from US attacks in Venezuela rises to 80, could go higher.
Trump told reporters: “We’re going to be taking out a tremendous amount of wealth out of the ground.”
At the UN many condemned US violation of the UN Charter, the UK hasn't.
Trump told reporters: “We’re going to be taking out a tremendous amount of wealth out of the ground.”
At the UN many condemned US violation of the UN Charter, the UK hasn't.
Ofcom asks X about reports its Grok AI makes sexualised images of children
Elon Musk's social media platform has warned users not to use Grok to generate illegal content.
www.bbc.co.uk
UK regulator asks X about reports its Grok AI makes "sexualised images of children" and undresses women.
Sickening.
X profits but not good at monitoring.
Give everyone an enforceable copyright of their face, voice, body parts. Enable people to sue social platforms for violation of that right.
Sickening.
X profits but not good at monitoring.
Give everyone an enforceable copyright of their face, voice, body parts. Enable people to sue social platforms for violation of that right.
Trump Suggests U.S. Could Take Action Against More Countries
www.nytimes.com
After invading Venezuela Trump threatens Colombia.
Describes Cuba as “ready to fall”, reasserts desire to take control of Greenland.
Threatens action against a number of other countries, including Mexico and Iran.
The 1930s being repeated, Trump building the US Reich.
archive.ph/rmtmG
Describes Cuba as “ready to fall”, reasserts desire to take control of Greenland.
Threatens action against a number of other countries, including Mexico and Iran.
The 1930s being repeated, Trump building the US Reich.
archive.ph/rmtmG
Reposted by John Hogan
Asda and Morrisons’ private equity owners raise £6.5bn in property deals
Proceeds from supermarket, warehouse and petrol station sales have been used to cut debt accrued in leveraged buyouts
www.ft.com
Asset-stripping
Asda and Morrisons’ private equity owners raise £6.5bn by selling supermarkets, petrol forecourts, distribution centres.
Companies deliberately loaded with debt.
Sale and leaseback of supermarkets increases offshore controllers' profits, reduces UK tax liability.
archive.ph/6McJ4
Asda and Morrisons’ private equity owners raise £6.5bn by selling supermarkets, petrol forecourts, distribution centres.
Companies deliberately loaded with debt.
Sale and leaseback of supermarkets increases offshore controllers' profits, reduces UK tax liability.
archive.ph/6McJ4
Danish PM tells Trump to stop 'threats' against Greenland
Mette Frederiksen said the
www.bbc.co.uk
Denmark's prime minister tells Donald Trump to "stop the threats" about taking over Greenland.
King Donald wants to expand his empire and be the master of the universe, create mayhem and destroy NATO.
The US isn't a reliable ally. Europe must take charge of its own security.
King Donald wants to expand his empire and be the master of the universe, create mayhem and destroy NATO.
The US isn't a reliable ally. Europe must take charge of its own security.
Reposted by Leigh Sparks, Lesley A. Hall
Uber rewrites contracts with drivers to avoid paying UK’s new ‘taxi tax’
Hailing app will now act as agent rather than supplier outside London, avoiding VAT requirement
www.theguardian.com
Uber rewrites contracts with drivers to avoid paying UK’s new ‘taxi tax’.
Portrays itself as an agent instead of a supplier to dodge VAT.
Big business always willing to circumvent tax laws to boost profits, makes laws longer and complex.
Portrays itself as an agent instead of a supplier to dodge VAT.
Big business always willing to circumvent tax laws to boost profits, makes laws longer and complex.
Trump has threatened countries moving away from the US$ but it is inevitable. The process will accelerate as countries are wary of economic imperialism wielded by Trump. Expect new global trade groupings to emerge.