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
Law rewards abuse.
Non-bank entities can deduct compensation payments from profits before calculating corporation tax, reducing their bill.
Motor finance arms of banks are considered “non-bank entities”.
Inequalities, profiteering, regressive taxation and neutering of public investment do not provide firm foundations for the economy.
We need a Budget for the masses, not just for the super-rich, bond markets and corporations..
www.youtube.com/watch?v=JULf...
Reposted by Leigh Sparks
Changes to employee benefits would cut take-home pay by at least 6.25%.
Would exec pay and dividends be cut? No chance.
Hard-won rights eroded as corporations rule without ever being elected.
Back to Victorian times.
Reposted by Tim Bale, Tom Griffin, Stacy D. VanDeveer , and 2 more Tim Bale, Tom Griffin, Stacy D. VanDeveer, Prem Sikka, Pauline Stafford
75% of *all* Reform donations *ever* have come from just three rich men
Is this what democracy looks like?
New on Democracy for Sale
democracyforsale.substack.com/p/75-of-refo...
BOE to stress test private equity and private credit industries, can't compel firms to participate.
Some will volunteer, only to impose their will on the outcomes.
Industry is estimated to have assets of £8.23 trillion.
Govt pushing for deregulation.
UKIP/Reform/Farage damaged the economy with Brexit, now destroying the NHS.
The UK is an ageing society, without immigration the economy can't function. Will we ever get an honest debate?
Sub-postmaster passed away from a heart attack at the age of 58 without receiving full compensation.
A "constant cycle of stress" created by false prosecutions of many. Lives destroyed.
No one charged.
Super rich don't donate, they invest to shape party policies to secure advantages for their class.
Normal people can't match them.
Direct donations to political parties must be criminalized.
Is the aim to help people or squeeze them?
Poverty causes insecurity, anxiety.
Need equitable distribution of income; better housing, healthcare, education, support services, progressive taxation.
Green levies will be paid out of general taxation.
Energy company profit margins won't decline.