Prem Sikka
Liz Truss attacks British workers to deflect from Tory failings on the economy
'The UK has serious problems of skills and low productivity, but they require policies. The idiotic worker-bashing comments by Liz Truss make headlines but offer no analysis of the problems or durable solutions.'
To prevent a recession and grow the economy we have to protect workers’ rights
The lessons for workers are clear. Join a trade union, show solidarity with fellow workers and vote for a political party that will enhance market and political power of labour.
Prem Sikka: The $63.2 trillion shadow banking industry is likely to be site of the next financial crash
Private equity is a key part of shadow banking and has been buying-up many businesses. What private equity entails is private equity firms using funds raised from institutional investors to acquire and engage in buyouts of businesses.
Prem Sikka: Here are 5 immediate steps the government could take to tackle the cost of living crisis
'Millions of Brits face the choice of living in a cold home, going without food and other essentials, not paying bills, and getting even deeper into debt. There is a strong prospect of riots and social disorder.'
Prem Sikka: Why the government’s Windfall Tax on oil and gas companies doesn’t go far enough
The 25% tax is only on selected profits of oil and gas companies, mainly North Sea profits of what the legislation calls “ring fence trade”.
Prem Sikka: The government can afford pay rises for public sector workers in line with inflation. Here’s how
'The government claims that wage rises are inflationary and that it can’t afford to pay. Such claims lack substance.'