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dancer07.bsky.social

@dancer07.bsky.social
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Prem Sikka @premnsikka.bsky.social · 01/10/2025
Average annual household energy bill hits £1,755. £4.43bn energy debt, people can't afford it. Since 2020 big energy companies made £514bn operating profit. 128000 a year die in fuel poverty Profiteering fuels inflation, poverty. Can't rebuild economy without ending profiteering.
news.sky.com
Energy price cap warning as latest rise takes effect
The energy price cap remains vulnerable to gas price shocks and rising costs including green energy investment but households are being told they can still shield themselves from fluctuations ahead.
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Prem Sikka @premnsikka.bsky.social · 01/10/2025
Britons ripped off by the energy industry. No govt curbs profiteering. Nationalise energy, reduce inflation, poverty, business costs, rebuild economy.
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Prem Sikka @premnsikka.bsky.social · 14/09/2025
Revolving doors. Thames Water paid £1m+ to corporate lobbyists part-owned by Starmer adviser. The aim is to reach policymakers, keep TW private. TW pays £200m a year to various advisers, cost borne by customers. Public ownership would end this chicanery. No need to pay dividends, lobbyists.
theguardian.com
Thames Water paid £1m-plus to corporate spooks firm part-owned by Starmer adviser
Exclusive: Hakluyt – formerly run by Varun Chandra – has been advising utilities company as it tries to avoid renationalisation
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Prem Sikka @premnsikka.bsky.social · 10/09/2025
High energy prices leave 1m UK households behind on bills. Energy debts doubled in 12 yrs. 6.1m households in fuel poverty. 128,000 people die in fuel poverty. Energy companies made £514bn operating profit since 2020. Can't build economy on poverty and death. End profiteering. Nationalise.
theguardian.com
Rise in energy prices leaves 1m UK households behind on bills
Energy debts have more than doubled in last 12 years, finds report, as Ofgem signals it will raise cap on bills
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Prem Sikka @premnsikka.bsky.social · 10/09/2025
Privatisation cult destroying UK. UK gave away North Sea oil/gas, low fees/tax, collected $11 a barrel revenue, wasted on tax cuts for corporations/rich Norway didn't, levied higher tax, got $30 a barrel. Norway has $2trn sovereign fund. UK has economic crisis, still obsessed with privatisation
leftfootforward.org
How successive government have created a new rentier economy
Governments appease corporations and the super-rich by following the old policies which benefit a few.
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Reposted by @dancer07.bsky.social
Rory Cellan-Jones @rorycj.bsky.social · 05/09/2025
Here we go - Reform imports anti vax disinformation from US www.thetimes.com/article/59b0...
thetimes.com
Don’t follow RFK Jr on anti-vaccine path, doctors urge Nigel Farage
Aseem Malhotra, who criticised mRNA vaccines developed to fight Covid, will address Reform UK’s party conference — to the alarm of the medical profession
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Prem Sikka @premnsikka.bsky.social · 04/09/2025
Graph provides glimpse of England's housing problems. Social housing vanished. 2m council homes sold. 40% ended-up with private landlords, increasingly corporations. Housing seen as investment, high private rents, more poverty & need for benefits. www.resolutionfoundation.org/publications...
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East Anglia Bylines @eastangliabylines.co.uk · 05/09/2025
🚨 GDP is up. But wages are low, rents soar & work is insecure. Clive Lewis MP says what ministers won’t - "a quarter of private renters are handing over half or more of their income just to keep a roof over their heads. This isn’t prosperity, it’s daylight robbery with a tenancy agreement"
eastangliabylines.co.uk
Richness of life can’t be measured in GDP – what happened to joy?
GDP is up, but who’s better off? Clive Lewis, Norwich South MP, argues poverty is growing, wages lag, rents soar. And that’s not prosperity
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Peter Stefanovic @peterstefanovic.bsky.social · 05/09/2025
Kemi Badenoch’s ‘Free Speech’ Conservatives Ban Byline Times From Party Conference The ban on covering the party’s annual gathering came despite Badenoch’s repeated commitment to “fight” for free speech and a free press bylinetimes.com/2025/09/04/k...
bylinetimes.com
Kemi Badenoch's 'Free Speech' Conservatives Ban Byline Times From Party Conference
The ban on covering the party's annual gathering came despite Badenoch's repeated commitment to "fight" for free speech and a free press
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Prem Sikka @premnsikka.bsky.social · 05/09/2025
Nigel Farage uses private company to pay less tax on £400,000 GB News earnings. Poor attendance record in parliament, collects £94,000 salary+expenses. Has used a trust fund in an offshore tax haven. Previously described people who try to avoid tax as the “common enemy”.
theguardian.com
Nigel Farage uses private company to pay less tax on GB News earnings
Exclusive: Reform leader’s use of personal services firm is a practice criticised across the political spectrum
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Prem Sikka @premnsikka.bsky.social · 05/09/2025
Thames Water to do fewer improvements under lenders' rescue plan. More unplugged leaks, sewage in rivers. Plan wants more cash from customers. No commitment on what shareholders will pay. No end to dividends. Nationalisation is the only durable solution.
theguardian.com
Thames Water to do fewer improvement projects under lenders’ new rescue plan
New consortium says infrastructure projects must be cut back to make beleaguered company viable again
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BladeoftheSun @bladeofthes.bsky.social · 04/09/2025
£120bn a year of your money, nearly £300m a day, goes to just 150 billionaires as profit. They pay almost no tax on it. There's loads of money available.
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Reposted by @dancer07.bsky.social
Prem Sikka @premnsikka.bsky.social · 03/09/2025
Thames Water creditors pledge more investment to try to seal rescue deal. This can't dissolve the crisis. TW would be run for profit & dividend extraction, the very reason for the crisis. Capital would be raised from customers, but shareholders would keep resulting assets/income. archive.ph/4yA01
ft.com
Thames Water creditors pledge more investment to try to seal rescue deal
Bondholders also intend to inject more equity into the utility as it seeks to avert nationalisation
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Prem Sikka @premnsikka.bsky.social · 27/08/2025
Dictator-esque Nigel Farage plans backing torture, jailing kids and paying jihadis. Scrap UK human rights protections, lock up women and children, jeopardise peace in Northern Ireland, risk going to war with the church. Opposes worker rights, supports fracking. This after supporting Brexit.
mirror.co.uk
7 dictator-esque Farage moments as he backs torture and paying Taliban
Launching his hard-right mass deportation plan, the Reform leader said he would scrap Britain’s human rights protections and put peace in Northern Ireland at risk
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Prem Sikka @premnsikka.bsky.social · 26/08/2025
Naziification of the UK. Reform UK would: Leave ECHR (join Russia and Belarus). Repeal the UK Human Rights Act. Disapply the 1951 Refugee convention. UN Convention Against Torture. the Council of Europe Anti-Trafficking Convention. Cancel the Good Friday Agreement. No one will be safe.
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Prem Sikka @premnsikka.bsky.social · 26/08/2025
Trump said: “a lot of people are saying ‘maybe we’d like a dictator", claims he isn’t one. Since the election he has probably made more laws than Congress; thinks he is King, will rule forever Sent soldiers into US cities, wants to annexe other countries. A dictator did that in the 1930s.
independent.co.uk
Trump says he is not a dictator but insists many people think the US could use one
President criticized Democratic-led cities of being ungrateful for his administration deploying federal law enforcement to help curtail crime
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Armando Iannucci @aiannucci.bsky.social · 27/08/2025
The ever-eloquent @rafaelbehr.bsky.social pointedly refusing to mince his words on what Farage has done for us. www.theguardian.com/commentisfre...
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Sir Michael Take CBE @sirmichaeltake.bsky.social · 27/08/2025
Please think of us your betters. Firstly we are losing our public schools as more & more close. Now we are losing our Nannies as many are so expensive only billionaire wrap singers & Angela Rayner can afford them. Jacob Rees-Mogg where are you? This is a NATIONAL CRISIS! 😥
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The New Statesman @newstatesman1913.bsky.social · 27/08/2025
Labour can’t agree on how to fight Farage. The party is split between Starmerites focused on delivery and a soft left demanding greater radicalism. @georgeeaton.bsky.social
newstatesman.com
Labour can’t agree on how to fight Farage
The party is split between Starmerites focused on delivery and a soft left demanding greater radicalism.
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Prem Sikka @premnsikka.bsky.social · 27/08/2025
UK electricity/gas infrastructure companies have spent £490m a year less than budgeted on maintaining system reliability and preventing failures. Gas privatised in 1986, electricity in 1990. Assets sweated. Electricity/Gas distribution companies have the highest profit margins in the UK.
common-wealth.org
Profiting Amid the Energy Crisis: The Distribution Networks at the Heart of the UK's Gas and Electricity System
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Prem Sikka @premnsikka.bsky.social · 27/08/2025
Thames Water fined £104.5m for sewage dumping on 6 Aug 2024. £18.2m for violating dividend payment rules on 19 Dec 2024. TW to pay 20% (£24.5m) by 30 Sept 2025, the rest ... may be by 2030. TW has 187 criminal convictions. In a rentier economy corporations are indulged for criminal practices.
theguardian.com
Thames Water agrees payment plan for £123m sewage and dividend fines
Ofwat gives struggling firm, which is trying to secure funding to avoid nationalisation, breathing space
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Prem Sikka @premnsikka.bsky.social · 22/08/2025
Big pharma picking our pockets. Advanz, the sole supplier of liothyronine tablets (thyroid drug) in the UK, hiked price from £20 to £248 per box – an increase of over 1,110%. Corporations devour everything, have no ethics. Must return to Labour's 2019 manifesto - govt to produce generic drugs.
gov.uk
Court upholds CMA’s £99m fine on pharma over excessive NHS thyroid drug prices
The Court of Appeal has unanimously upheld the CMA’s finding that Advanz broke the law by overcharging the NHS for essential thyroid drug liothyronine.
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Prem Sikka @premnsikka.bsky.social · 23/08/2025
Royal Mail missing delivery targets after sale to Czech tycoon. Regulator lets RM deliver 2nd-class letters every other weekday, none on Saturdays. People pay more for worse service: Price Now: Ist class stamp £1.70; 2nd class 87p. When privatised in 2013: 1st class 60p; 2nd class 50p.
theguardian.com
Royal Mail still missing delivery targets after sale to Czech tycoon Křetínský
Both first and second class mail lag behind Ofcom’s target in quarterly update after EP Group’s takeover
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JWexTheSpa @jwsidders.bsky.social · 23/08/2025
Farage has now said very clearly he will remove judges he does not approve of and abolish UK citizens' human rights. No-one at the BBC, Sky or ITV - or inside the government - seems to think it is worth highlighting. This is exactly what sleepwalking towards autocracy looks like.
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Prem Sikka @premnsikka.bsky.social · 21/08/2025
WH Smith overstated profits by 40%, £30m. Relates to accelerated recognition of supplier income - discounts from suppliers. Seems to similar to the 2014 Tesco scandal. Carillon did the same. The board, non-execs, audit cttee, internal/external auditors asleep. Who benefitted from false numbers?
theguardian.com
WH Smith shares plunge almost 40% after retailer’s £30m accounting error
Group cuts profit forecasts and launches review after mistake relating to North American arm
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Prem Sikka @premnsikka.bsky.social · 22/08/2025
CEO-to-worker pay gap surges to 632 to 1 at US’s lowest-paying large firms. Starbucks CEO collected $95.8m, 6,666 times as much as the company’s $14,674 median pay. Workers rely on food banks and charity for survival whilst company engaged in union busting.
theguardian.com
CEO-to-worker pay gap surges to 632 to 1 at US’s lowest-paying large firms, study shows
At 100 firms in S&P 500 with lowest median pay, executives’ comp increased by average of nearly 35% over five years
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🏳️‍⚧️Mel💜they/them🏳️‍⚧️ @meltheparadox.bsky.social · 30/07/2025
🧪🧪🧪
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William Duguid @williamduguid1.bsky.social · 29/07/2025
'Most of Europe has been belatedly waking up to this uncomfortable fact: in the era of Trump, most of our digital infrastructure is owned and controlled by the tech barons who have lined up to support him.' Donald Campbell, via @bylinetimes.bsky.social bylinetimes.com/2025...
bylinetimes.com
‘Keir Starmer's Government is Sleepwalking Britain Into the Grip of Trump-Supporting Big Tech'
The new ‘partnership’ between the UK Government and OpenAI is in reality a sellout to the one-sided interests of US tech corporations, argues Donald Campbell
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Prem Sikka @premnsikka.bsky.social · 27/07/2025
Thousands of homes across England are being built without community infrastructure, leaving families without access to playgrounds, schools, shops, doctors. Politicians bask in deregulation and housing targets, developers count profits. Many houses also beyond the reach of average person.
theguardian.com
‘No shops, no schools’: homes in England built without basic amenities
Thousands of properties going up without access to playgrounds, community infrastructure and even doctors
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Prem Sikka @premnsikka.bsky.social · 27/07/2025
Almost half of UK working-age adults not paying into a private pension. Govts have created insecurity - low wages, unchecked profiteering, squashed dream of buying a home, unloaded public debt to households (student debt). Too many just surviving. Need equitable distribution of income/wealth.
bbc.co.uk
Pensions: 'Why I'm one of millions of UK adults not paying in'
Almost half of UK adults do not pay into a private or workplace pension - some of them tell us why.
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Prem Sikka @premnsikka.bsky.social · 28/07/2025
Hedge fund chief says UK stuck in ‘debt doom loop’. Silence about corporate debt, abuses, tax dodges; impact of PFI, privatisations on public debt. Post-war UK reconstructed with debt of 270% of GDP; rich taxed more, led to boom, debt eventually down to 22%. We need to be saved from neoliberalism
theguardian.com
UK is stuck in a ‘debt doom loop’, says top investor
Hedge fund chief Ray Dalio warns over public finances, saying Britain will be forced into spending cuts and tax rises
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Anonymous @youranoncentral.bsky.social · 24/07/2025
The White House was forced to react to South Park as Trump completely loses it with rage, calling the show “not relevant” and "hanging on by a thread," despite the show recently securing a $1.5 billion deal. Trump is considering suing over ‘tiny penis’ allegations.
TRUMP WHITE
HOUSE RAGES OVER
'SOUTH PARK' EPISODE, CALLS SHOW FOURTH-RATE'
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Prem Sikka @premnsikka.bsky.social · 28/07/2025
Thames Water shareholder funds in 1990, £1.3bn; invested ZILCH since Extracted £10.4bn dividends Paid £13.6bn interest Now borrowing at 9.75% One-third customer bills service debt Pays £200m a year to consultants Billions would have gone into infrastructure, if not privatised. Must nationalise.
leftfootforward.org
Public ownership is the only way to save the water industry
Public ownership is the only viable alternative but is opposed by the government
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Jeff Asher @jeffasher.bsky.social · 28/07/2025
This week I wrote about why a 100% clearance rate doesn't mean every crime was solved. jasher.substack.com/p/when-100-d...
jasher.substack.com
When 100% Doesn't Mean 100%
How often is a case cleared in the year it occurred?
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We Own It @weownit.org.uk · 23/07/2025
1/9 Steve Reed and his £100bn: a timeline. Steve Reed says he won’t nationalise the water industry, because it would cost £100bn. 👀So where does that figure come from?👀 He claims that it comes from his own department. 🚨But it looks like it came from the private water companies. #ComeCleanSteve
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bylinepodcast.bsky.social @bylinepodcast.bsky.social · 19/07/2025
"We found there was a wholescale Russian campaign to interfere in the US election, designed to damage Hillary Clinton and to benefit Donald #Trump " Ex MI6 officer @christophersteele.bsky.social joins @goldbergradio.bsky.social @bylinetimes.bsky.social podfollow.com/byline-podca...
podfollow.com
Byline Podcast: Christopher Steele: Mistrusting Trump and the USA
Adrian Goldberg talks for former UK intelligence officer Christopher Steele about his 2016 dossier which suggested that Donald Trump's had close links to Russia - and that the Kremlin had 'komproma...
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Peter Stefanovic @peterstefanovic.bsky.social · 20/07/2025
The environment secretary has pledged to halve sewage pollution from water companies by 2030 news.sky.com/story/enviro...
news.sky.com
Environment secretary pledges to cut sewage pollution from water companies in half by 2030
Ministers say it is the first time a clear target on sewage reduction has been set - but the Conservatives say Labour have so far "simply copied previous Conservative government policy".
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Prem Sikka @premnsikka.bsky.social · 20/07/2025
C2C is the latest passenger train service taken into public ownership. Nationalisation of all could save £150m. Lucrative freight & rolling stock companies (ROSCOS) not nationalised. Govt will rent carriages, not own them. Roscos paid £3.6bn in dividends since 2014/15.
bbc.co.uk
c2c trains are nationalised and return to public ownership
Operator c2c runs trains between London Fenchurch Street and Shoeburyness in Essex.
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Prem Sikka @premnsikka.bsky.social · 25/06/2025
River Action mounts court challenge over 'unlawful' water bill rise. Ofwat allowed inflation busting price increases without guaranteeing that the money would be spent on maintenance. People fleeced. Investment not made, sewage dumped, profits increased, dividends paid, exec pay hiked.
bbc.co.uk
Ofwat facing High Court challenge after Cumbria campaign
Campaigners are given permission to legally challenge Ofwat over the way it sets water bill rises.
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Peter Stefanovic @peterstefanovic.bsky.social · 17/06/2025
US-UK trade deal has been signed and is 'done', US president Donald Trump says www.itv.com/news/2025-06...
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Prem Sikka @premnsikka.bsky.social · 16/06/2025
CEO pay to that of the median full-time UK employee was 52:1 in FTSE 35O companies in 2023-24. 78:1 at FTSE 100. That doesn't tell full story. At Mitie it is 575:1; Tesco 431:1; Compassion 303:1. Wealth generated collectively, pocketed by few. Workers forced to use food banks, rely on benefits.
highpaycentre.org
CEO to worker pay gaps in the FTSE 350: Five years of pay ratio disclosures - High Pay Centre
Five years of pay ratio disclosures show little change in CEO to worker pay gaps
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Prem Sikka @premnsikka.bsky.social · 17/06/2025
Private equity celebrates UK govt capitulation. Chancellor promised to tax bosses share of profits as income, backtracks and will tax it as capital gains, at lower rates than wages. Govt cutting disability benefits Asset-stripping private equity behind closure of 60% of high street retailers.
cityam.com
Carried interest: London's dealmakers bask in rare lobbying win
Rachel Reeves had promised to close the "carried interest loophole" by private equity execs. But so far the sector has avoided such a fate.
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Melissa Hirst 💙🔥BLUE ADVOCATE OF LOVE AND ACCEPTANCE @melmayhem.bsky.social · 15/06/2025
I doubt anyone will see me post, but this needs to be known... if you have a visible following please repost 💙🔥💙 Admitting he wants "his people... aka US " to behave like north Korea for Kim Jong Un.🤬
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Peter Stefanovic @peterstefanovic.bsky.social · 12/06/2025
NOW 324 DAYS since our nuclear test veterans - national heroes - requested a meeting with Prime Minister Keir Starmer to discuss how he will honour the commitment Labour made to them in opposition. How much longer must they wait?
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Prem Sikka @premnsikka.bsky.social · 12/06/2025
Systematic Fraud. "Connivance and collusion" between ticketing companies & touts, who buy up tickets for live events in bulk, sell them at inflated prices. Ticket touts had inside help from ticketing platforms. What kind of society have we created where fraud and rip-off practices are normalized.
bbc.co.uk
These touts made millions - and claimed staff at big ticketing firms helped
The touts alleged staff at resale sites Ticketmaster once owned helped them trade in bulk, the BBC reveals.
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Prem Sikka @premnsikka.bsky.social · 12/06/2025
MPs and peers urge govt to investigate how a US private equity company is funding £500m takeover of the Telegraph. Concerns about "Chinese state influence”. Why not the same concerns about the ownership of water, steel, auto, airports, banks, real estate?
theguardian.com
MPs call for inquiry into how RedBird Capital is funding £500m Telegraph deal
Exclusive: Cross-party group including peers warns of risk of ‘potential Chinese state influence’ in private equity firm
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Prem Sikka @premnsikka.bsky.social · 19/05/2025
Average asking price for UK home hits new high of almost £380k Median wage £30,252, net pay £25,301. What chance of buying a home, paying rent, surviving retirement? Scarcity of social housing, affordable homes. Years of real wage cuts, profiteering create insecurity.
theguardian.com
Average asking price for UK home hits new high of almost £380k
Rightmove says figure has risen in May by 0.6% compared with April despite lower demand from new buyers
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Peter Stefanovic @peterstefanovic.bsky.social · 15/05/2025
This can’t be repeated enough
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UNGRIPP @ungripp.bsky.social · 15/05/2025
Thread: We are extremely disappointed that yet again people on IPP sentences are being further penalised by the government by excluding them from the current changes to recall. @shabanamahmood.bsky.social
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George Takei @georgetakei.bsky.social · 15/05/2025
It’s plain for all to see.
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