dickyh.bsky.social
@dickyh.bsky.social
Reposted
Privatisation cult destroying UK.

UK gave away North Sea oil/gas, low fees/tax, collected $11 a barrel revenue, wasted on tax cuts for corporations/rich

Norway didn't, levied higher tax, got $30 a barrel.

Norway has $2trn sovereign fund. UK has economic crisis, still obsessed with privatisation
How successive government have created a new rentier economy
Governments appease corporations and the super-rich by following the old policies which benefit a few.
leftfootforward.org
September 10, 2025 at 7:14 AM
Reposted
Trump shocks UK business with stealth tariffs on 400 products.

Treaties mean nothing as policies depend on his moods. No respect for other countries or their people.

Trump wants to dictate other countries domestic and foreign policies.

Better to rejoin the EU, find other markets.
archive.ph/mmR6g
Trump shocks UK business with stealth tariffs on 400 products
JCB and Triumph motorbikes are among the firms to suffer under a new wave of import taxes
www.thetimes.com
August 24, 2025 at 6:43 AM
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Inflation rose by 22.6% from 2019-2024.

In that same period, the 100 lowest-paying corporations paid their CEOs 34.7% more.

Worker pay didn't even keep up with the rate of inflation.

Those corporate tax breaks will never, ever, ever trickle down.

WE ARE BEING SCAMMED.
August 23, 2025 at 9:17 PM
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🔥 STEWART: “This is the lie they tell you — that all this money flowing towards corporate interests is actually for YOUR benefit…. That government intervention for corporations is our ‘FREE MARKET’, but government intervention for workers is ‘SOCIALISM’.
August 23, 2025 at 1:25 AM
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Germany gets 60% of its power from renewables and is shutting down its coal plants. No blackouts. No high bills. Every right wing lie about renewables has been proven false.
August 22, 2025 at 2:23 PM
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🔥 Where the US has serious problems, the UK is not far behind.

One in four UK MPs have taken pro-Israel lobby funding, raising urgent questions about foreign influence and trust in British democracy.

yorkshirebylines.co.uk/politics/an-...
An unhealthy alliance
One in four UK MPs have taken pro-Israel lobby funding, raising urgent questions about foreign influence and trust in British democracy
yorkshirebylines.co.uk
August 22, 2025 at 7:18 AM
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Consumers could attend water company board meetings under new rules.

Power remains with shareholders/execs.

Need effective reforms and public control.
Public ownership of water
Employee/customer elected directors on entity and regulator boards.
Employee/customer vote on exec pay
Consumers could get new roles in effort to rebuild trust in water companies
The public has been outraged by record sewage outflows and polluted waterways at a time when senior executives are receiving bonuses and bills are rising.
news.sky.com
August 21, 2025 at 8:17 AM
Reposted
Neoliberal destruction of the NHS

UK has 2.4 hospital beds per 1,000 people
Germany 7.6
OECD average 4.6

Worse in many places. Hackney in London 0.9, lower than Mexico. Bedfordshire 1.7, same as Colombia.

Sick people can't work. Can't boost GDP & productivity without better healthcare.
Our state has become a guarantor of corporate profits
Equitable distribution of income and wealth would go a long way towards stimulating domestic demand and investment...
leftfootforward.org
August 21, 2025 at 8:38 AM
Reposted
It is very nearly the tenth anniversary of that brief moment when, for 2 or 3 days, British newspapers remembered refugees are desperate human beings who need our help, rather than scum that it's okay to threaten with violence.
August 21, 2025 at 4:44 PM
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UK workers median gross wage is £30,432, £25,431 net.

FTSE 100 median CEO pay £4.58m. in some companies 1,112 times their worker pay.

What chance of workers fuelling economic recovery, buying a home, pension, decent living standard?

Join a union. Let workers vote on exec pay.
Earnings and employment from Pay As You Earn Real Time Information, UK - Office for National Statistics
Monthly estimates of payrolled employees and their pay from HM Revenue and Customs’s (HMRC’s) Pay As You Earn (PAYE) Real Time Information (RTI) data. This is a joint release between HMRC and the Offi...
www.ons.gov.uk
August 19, 2025 at 6:55 AM
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Ooh ooh, I've got an alternative!! Hire more people to process claims in the manufactured backlog, stop bad decision-making w lengthy appeals processes (going back to 2000s New Labour tactic). Swift, efficient processing completely removes the need for hotels!

www.theguardian.com/uk-news/2025...
High court asylum hotels ruling leaves Cooper scrambling for alternatives
Yvette Cooper joins a long line of home secretaries struggling to find substitutes for hotels as anti-migrant fervour grows
www.theguardian.com
August 20, 2025 at 6:53 AM
Reposted
UK Govt to kick off public-private partnerships in England.

It is new name for Private Finance Initiative. Private sector invests £1, gets £6+ back. The state guarantees corporate profits.

Nothing learnt?

Govt can create money, borrow, do QE, tax the rich ... why hand free cash to corporations?
‘Past mistakes must be avoided’: anxiety as Labour eyes public-private funding for NHS
Decision on neighbourhood health centres expected in autumn but approach divides policy experts
www.theguardian.com
August 20, 2025 at 8:22 PM
Reposted
Vaccines don’t prevent infection. Vaccines are meant to produce immunological memory and antibody production, so that when you get infected, your immune system can rapidly respond to eliminate the pathogen and prevent serious complications, including death.

Vaccines don’t cause autism!
August 19, 2025 at 12:12 PM
Reposted
UK invests 18.2% of GDP in productive assets.
France 26%
Germany 25%
OECD average 23%

Why?
Poor corporate governance
Companies hollowed out by excessive shareholder returns.
Execs rewarded for short-term returns.
Long-term neglected.

Lack of direct state investment in infrastructure.
Our state has become a guarantor of corporate profits
Equitable distribution of income and wealth would go a long way towards stimulating domestic demand and investment...
leftfootforward.org
August 19, 2025 at 1:18 PM
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Record salaries for FTSE 100 CEOs, pay up for third year in a row.

Median pay £4.58m; £58.9m at Melrose; £18.9m at Person.

122 times the salary of the average full-time UK worker.

16m Britons live in poverty. Millions rely on food banks and charity.

37% of Universal Credit claimants are in work.
Record salaries for UK chief executives as pay rises for third year in a row
Report finds more than £1bn handed out to just 217 FTSE 100 bosses in the last financial year
www.theguardian.com
August 17, 2025 at 8:35 PM
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No words for this hypocrisy @theguardian.com
August 15, 2025 at 12:42 PM
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August 16, 2025 at 8:36 AM
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Private Equity curse.

Collapse of US-based Genesis Healthcare shows the usual problems.

High debt. Owners have charge on assets, can gut business at will.
Staff/wage cuts
Profiteering
No long-term interest
Poor service

Playing with fire: PE making inroads into UK healthcare, high street, vets ...
The High Cost of Care 2025: Inside the Private Equity Playbook for Nursing Homes and Its Devastating Financial Fallout - CEO Today
The recent collapse of Genesis HealthCare, once a titan of the senior care industry, sent shockwaves through the healthcare sector, but it was far from an anomaly. The bankruptcy of this major operato...
www.ceotodaymagazine.com
August 15, 2025 at 6:10 PM
Reposted
🚨 RIGHT NOW opposite Labour Party HQ in London.

We’ve turned their street into Jabaliya camp in Gaza. A genocide is happening, but the Labour government is supplying weapons, intelligence and diplomatic cover to the perpetrator. Protesting this is not terrorism.
July 22, 2025 at 7:41 AM