Prem Sikka(@premnsikka) 's Twitter Profileg
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.

ID:2461924214

linkhttps://members.parliament.uk/member/4885/contact calendar_today24-04-2014 16:50:12

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

Tata Steel confirms 2,800 job losses at Port Talbot site, despite £500m subsidy.

Govt hands billions in subsidies to companies; doesn't own shares or have board representation to direct anything.

Money vanishes when companies go.

Nationalise steel.
independent.co.uk/news/uk/politi…

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Fujitsu knew about Horizon software bugs in 1999, boss admits.

Post office knew, but still blamed subpostmasters for deficits.

Witness statements were tampered with.

Need criminal/civil prosecutions of directors and companies.
archive.ph/2024.01.19-172…

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80% of North Sea oil is exported.

Subsidised by tax reliefs. Govt responsible for cost of decommissioning oil rigs.

Big oil companies shift profits to tax havens, dodge UK taxes.

Boosts corporate profits; has not increased UK energy security.
theguardian.com/business/2024/…

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Electoral bribery.

Jeremy Hunt big tax cuts in his March budget.

Zero benefit to 19m adults with income below £12,570.

Low/middle income families won't forget Tory tax hikes, 7.76m hospital queue, real wage cuts, food banks, deaths from austerity.
theguardian.com/politics/2024/…

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

Fujitsu knew about Horizon software bugs in 1999, boss admits.

Post office knew, but still blamed subpostmasters for deficits.

Witness statements were tampered with.

Need criminal/civil prosecutions of directors and companies.
archive.ph/2024.01.19-172…

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

UK needs to break with neoliberalism to deliver economic growth and justice.

'Political parties incessantly talk about low economic growth but none are willing to address the major issues'.

Need higher household incomes and redistribution.
leftfootforward.org/2024/01/the-uk…

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

Tata Steel confirms 2,800 job losses at Port Talbot site, despite £500m subsidy.

Govt hands billions in subsidies to companies; doesn't own shares or have board representation to direct anything.

Money vanishes when companies go.

Nationalise steel.
independent.co.uk/news/uk/politi…

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

Jeremy Hunt asks UK banks why they have low valuation compared with global peers.

Because of scandals - frauds, money laundering, tax dodges, sanctions busting.

Govt bails them out. Covers up frauds. Protects miscreants.

Don't indulge. Cleanse the City
archive.ph/2024.01.18-164…

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Tax our wealth, super-rich tell politicians at Davos.

Major political parties appease their donors & refuse.

Must end tax perks of the rich. Tax capital gains, dividends at the same rate as wages, charge NIC. End offshore & trust tax dodges. Raises £bns.
theguardian.com/business/2024/…

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Police investigation into Post Office Horizon scandal will take years, says Met chief.

Will any miscreant face retribution?

Directors not sued by Post Office for breach of contract.
Fujitsu not sued for cover-up.
No one hauled for wrongful convictions.
independent.co.uk/news/uk/crime/…

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

80% of North Sea oil is exported.

Subsidised by tax reliefs. Govt responsible for cost of decommissioning oil rigs.

Big oil companies shift profits to tax havens, dodge UK taxes.

Boosts corporate profits; has not increased UK energy security.
theguardian.com/business/2024/…

account_circle
Prem Sikka(@premnsikka) 's Twitter Profile Photo

Electoral bribery.

Jeremy Hunt big tax cuts in his March budget.

Zero benefit to 19m adults with income below £12,570.

Low/middle income families won't forget Tory tax hikes, 7.76m hospital queue, real wage cuts, food banks, deaths from austerity.
theguardian.com/politics/2024/…

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

5,000 excess deaths last winter caused by cold & damp homes.

Govt imposed two-child benefit cap; cut real wages, benefits, pensions; let profiteering rip.

Lives of the normal people make no difference to the Tories readying inheritance tax cut for rich.
standard.co.uk/news/uk/excess…

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

Tory govt suddenly finds the resources to enrol 150 judges and gerrymander its Rwanda policy.

It couldn't find resources to clear the backlog of 340,00 court cases. Real funding cut since 2010.

Justice delayed is justice denied but Tories don't care.
theguardian.com/uk-news/2024/j…

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Avanti West Coast managers joked about receiving “free money” from govt and performance-related payments being “too good to be true”.

Rail companies received £75.2bn subsidy in the last 10 yrs.

We pay sky-high fares for unreliable service.

We are robbed
theguardian.com/business/2024/…

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Fixing Fujitsu software bugs in the Horizon IT system was too expensive. Flaws known since 1998.

Fujitsu and Post Office gave false evidence to courts and let innocent people be convicted of fraud.

Boosted profits and exec pay by destroying lives.
theguardian.com/uk-news/2024/j…

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Picking our pockets.

Train ticket machines charging double online price.

Best value fares either unavailable or hidden.

Two in five stations don't have a ticket office.

Everything is loaded against people.

Regulators/Govt do nothing to curb abuses.
bbc.co.uk/news/business-…

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Rishi Sunak’s Supreme Court-busting Rwanda bill is offensive in a number of ways.

Here’s how it threatens our human rights.

Great explanation. Everyone needs to read.
bigissue.com/opinion/rwanda…

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Prem Sikka(@premnsikka) 's Twitter Profile Photo

Tory govt suddenly finds the resources to enrol 150 judges and gerrymander its Rwanda policy.

It couldn't find resources to clear the backlog of 340,00 court cases. Real funding cut since 2010.

Justice delayed is justice denied but Tories don't care.
theguardian.com/uk-news/2024/j…

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