The UK has become a laughing stock, we need a general election now
‘The UK needs a fresh start and that can’t be provided by the Conservative party hoisting another neoliberal prime minister on the country. We need a general election now.’
Prem Sikka
Why we should all be worried about the government’s dangerous deregulation plan
There is little appreciation that rights and protections embodied in regulation are the outcome of generations of struggles to safeguards lives, homes, jobs, savings, property rights, dignity, and freedom from discrimination.
Prem Sikka: We’re in the latest stage of a right-wing coup that began in the 1970s
‘The right-wing coup is no respecter of democracy. ‘
Prem Sikka: This mini-budget will only increase inequality and poverty
The biggest winners are corporations and the rich. As a result, the government’s borrowing will surge from £72.4bn, to £234.1bn, but won’t provide details of the impact on current and future generations.
The Tories’ energy package is a bailout for private sector profits
‘It is far better to end poverty and bring the energy sector into public ownership. We can’t afford privatisation.’
Prof Prem Sikka: Visiting pawnbrokers showed me just how much people are struggling during the cost of living crisis
‘My brief visits to pawnshops are by no means a scientific study, but they do provide a glimpse of the tragedies inflicted by years of maldistribution of income and wealth, poverty, inequalities and obsession of privatisation which has left many teetering on the edge.’
The scandal of executive pay means we need to democratise corporations
“We need to democratise corporations and have effective accountability embedded in law to secure equitable distribution of income.”
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.
