Prem Sikka @premnsikka
Emeritus Professor of Accounting. 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. members.parliament.uk/member/4885/co… UK Joined April 2014-
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Tory war on the disabled. Govt replacing Personal Independence Payments (PIPs) with a six-tier system of disability benefits, many would get less money. Tories not attacking causes - low incomes; poor food/housing, healthcare and working conditions archive.ph/vwQBp
Postmasters call for the immediate suspension of all Post Office executives involved in the Horizon Scandal. They need to be prosecuted, used lies, corporate power to bludgeon innocent people into submission. So far no one charged. Will they ever be? archive.ph/ylhsi
Tory Money Tree. Govt hands £bns in tax reliefs to companies. The NAO says: "too many examples where these reliefs either do not achieve their economic objectives or are subject to significant error and fraud, costing the Exchequer billions of pounds". nao.org.uk/reports/tax-me…
Royal Mail pauses fines for ‘fake’ stamps after flaw in fraud scanners. Will fines be refunded, people compensated for anguish? Does no one test systems? Why do corporations have so much faith in IT systems and assume that innocents are guilty? theguardian.com/business/2024/…
👁️"Millions of individuals, landlords, charities...will become subject to 24/7 surveillance" @premnsikka writes about the Government's outrageous plans to snoop on all of our bank accounts on the premise of detecting benefits fraud & error. Read⤵️ leftfootforward.org/2024/04/the-go…
Council letter tells a 56-year-old woman due to be evicted on 1 May that she should be able to "function reasonably well" if she ends up on the streets. This is terrible. And the govt is set to criminalize rough sleeping. What has the country become? bbc.co.uk/news/articles/…
Average rents hit record high. Tenants typically pay £1,291 a month outside London and £2,633 in capital. Govt pushes real wage cuts, no curbs on profiteering. Social housing is scarce, councils prevented from building new ones. Crisis made by govt. theguardian.com/money/2024/apr…
People with depression or anxiety could lose sickness benefits, says UK minister. So, what are the mentally ill to do? Tory election strategy is clear enough - Tax cuts for the rich, misery for millions. Tory war on the poor and vulnerable, not poverty. theguardian.com/politics/2024/…
Whitehall mandarins claim that Thames Water collapse could increase govt borrowing costs. Eliminate that uncertainty - nationalise water now. Govt doesn't need to borrow. It can load debt on to companies, just as private equity does. theguardian.com/business/2024/…
Real wages still below 2008 level in most UK areas. Longest pay squeeze in 200 yrs. Millions condemned to poverty by Tory obsession with austerity, pay cuts. But UK has record number of billionaires. 1% have more wealth than 70% of population combined. theguardian.com/business/2024/…
Bonfire of human rights in the UK. Protests criminalised for being ‘noisy’. Striking workers can be sacked. No right of appeal. Soon the old, sick, disabled, poor, won't have the right to financial privacy. Rich will be OK. Rights removed by Tory govt leftfootforward.org/2024/04/the-go…
“Isn’t the bottom line that the private developers saw you coming a mile off?” On Thursday vote for @chrismcewan11 for Tees Valley Mayor. A mayor you can trust.
Your right to privacy protected by Article 8 ECHR under attack. UK govt set to 24/7 snoop on bank accounts linked with benefits & state pension - old, sick, poor, landlords, SMEs, Clubs affected. You won't be told, no right of appeal, can't check abuse. leftfootforward.org/2024/04/the-go…
Govt will 24/7 snoop on the bank accounts of recipients of benefits & state pension. Millions of old, sick, infirm, poor won't have financial privacy, even when no suspicion of fraud. Won't snoop on the accounts of crooks, tax abusers, money launderers. leftfootforward.org/2024/04/the-go…
4.3m UK children live in poverty. Because of govt policies -low wages, austerity, unchecked profiteering, two-child benefit cap. Children go without food, clothes, toys, books. Lives destroyed. Govt priotises tax cuts for the rich. theguardian.com/commentisfree/…
Jon Trickett MP @jon_trickett
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318 Followers 363 Following@premnsikka If anyone faces eviction or any other housing issues contact Shelter
@premnsikka That's more than I have ever earned in a month working as a full time teaching assistant (now retired)
@premnsikka Correction: *WORKING CLASS austerity*. For the past 14 years, the absurdly rich have had a field day. In 2010 there were 29 billionaires in the UK. Last year there were 177.
@premnsikka Worth considering this isn't only an attack on the vulnerable, the attack is also meant as a threat to the rest of us. Know your place or else you too will be hung out to dry without a second thought or moment hesitation.
@premnsikka This is but a week or two old... bigissue.com/news/social-ju…
NB: This is @TheGreenParty policy. Water & sewerage are monopoly utilities that should never have been privatised. They should be publicly owned & run for the common good. Instead we have private profit & public squalor.
Whitehall mandarins claim that Thames Water collapse could increase govt borrowing costs. Eliminate that uncertainty - nationalise water now. Govt doesn't need to borrow. It can load debt on to companies, just as private equity does. theguardian.com/business/2024/…
@premnsikka Not surprisingly, there is a lack of understanding of double-entry accounting at the top of Government. By nationalising Thames Water, they end up with a debt on one side of the balance sheet and a cash-generating asset on the other side. It's a complete no-brainer.
Yeah but…let’s tighten up on benefits for the disabled! Establishment politics and establishment media’s coverage of them are both total distractions and gaslighting. #BrokenMedia
Real wages still below 2008 level in most UK areas. Longest pay squeeze in 200 yrs. Millions condemned to poverty by Tory obsession with austerity, pay cuts. But UK has record number of billionaires. 1% have more wealth than 70% of population combined. theguardian.com/business/2024/…
@kristianducros @premnsikka Welfare makes up such a small % of govt expenditure. There's limited fraud and they already spend more ensuring it doesn't happen than they save. We should be targeting corporations tax dodging and closing the loopholes they use as that's the main fraud happening in the UK
@premnsikka Good article. I read this the other day I take it goes without saying that Establishment man & Murdoch stooge Starmer isn’t going to reverse these proposals?
it's not just pushing people into poverty, but it is also discouraging anyone from having more than 2 children. in a country which has a birthrate of 1.6, and a lot of people choosing to have 1 or even no children. without immigration the UK population will fall.
4.3m UK children live in poverty. Because of govt policies -low wages, austerity, unchecked profiteering, two-child benefit cap. Children go without food, clothes, toys, books. Lives destroyed. Govt priotises tax cuts for the rich. theguardian.com/commentisfree/…
@Rod__Mason @MrScotchpie @premnsikka Ok. They can’t buy tickets to get here, because we have made it impossible to use safe routes. They do not have to stay in the first safe country, or France (which is probably the second or third country anyway). Most want to come to UK because they already have ties here.
Not that it will make any difference, but I'm writing to my MP to try and stop this abomination.
Bank accounts of millions of individuals, landlords, charities, voluntary organisations, companies will be 24/7 snooped on by the UK govt. You won't be told, can't appeal against it, will have no say in how the information will be used. Fascism is here. leftfootforward.org/2024/04/the-go…
@premnsikka This is the 6th year since I made the decision to stop flying RyanAir. Looks like I'm just getting started.
@premnsikka So currently when you reach your 66th birthday you become a fraud suspect.
@premnsikka Have already seen right wing idiots saying "if you've got nothing to hide, you've got nothing to worry about" - completely missing the point 🙄
@premnsikka Renationalisation should mean taking everything back into public hands, not just bits and pieces.
@premnsikka TBF I already don’t fly Ryanair because O’Leary is an a55hole, but this gives me another reason to avoid them.