Neoliberal trope scapegoating the poor, old, sick, disabled. Silent on corporate welfare, Inequitable distribution of wealth, Profiteering causing poverty, Full state pension less than 50% of minimum wage. People relying on benefits because work doesn't pay. Tax abuse by corporations and rich.
Cost of living protests spread to Germany. Demonstrations have rocked Italy, Spain, Portugal, Albania and France. Real problem is inequalities, profiteering. Govts appeasing corporations and the super-rich, neglecting the masses. The UK is no different. When hope evaporates, crisis follows.
Profiteering from wars Nine big oil firms on track to share more than £95bn profit two quarters in a row. Causing inflation, poverty, misery, climate crisis all over the world, but they don't bear the social cost. More fossil fuel drilling on the way.
Yorkshire Water CEO to step down after the lowest possible environmental rating by the Environment Agency. Attention diverting gesture. Company will still dump sewage in rivers, lose water to leaks, fleece customers. No exec will be prosecuted, licence won't be revoked. Need real change.
AstraZeneca CEO eyes record £28m pay package bonanza, up from £17.7m. Previously, AstraZeneca CEO threatened to deny drugs to the NHS unless it paid more. Govt capitulated. Blackmail works, delivers high rewards for shareholders and execs.
The budget has left the wealthy relatively unscathed. Neoliberals are targeting social security cuts. Will increase poverty & misery. This graph shows total UK welfare spending as a percentage of GDP, 2013/14 to 2030/31 (spending and forecast) lordslibrary.parliament.uk/welfare-refo...
England’s water companies failed on environment. Sewage dumped in rivers. 2666 pollution incidents in England in 2025, 40% more on 2016. Execs rewarded, none prosecuted. Customers fleeced. Even with nationalization, it will take a generation to recover.
£1.25bn subsidy for Rolls-Royce to develop a new engine. RR will keep assets and income streams. RR had operating profit of £3.5bn in 2024-25, will pay £9bn to shareholders over next 3 years. Why are shareholders not funding new engine? UK Govt won't take equity stake, £1.25bn not repayable.
BP quarterly $8.46bn (£6.3bn) profits hit ‘obscene’ 18-year high. Shareholders and execs profit from wars, household and business hit hard. No curbs on profiteering. Will fuel inflation and poverty. Chancellor didn't levy windfall tax on energy companies.
UK govt has given the go ahead to gas production at the Jackdaw field in the North Sea. It is expected to generate £1.5bn tax revenue over a 11-year period. Will it be collected? Jackdaw is 50% owned by Shell, with a history of aggressive tax practices. Watch the Minister's reply.
Budget continues with the freeze on tax personal allowance, £12570 since 2021. Fiscal drag increased tax on the less well-off. In 2026-27, a minimum wage earner would pay extra £980 in income tax & NIC. £1,137 in 2027-28. Cost of appeasing the rich. What chance reviving town centres?
HMRC puts 200 billionaires on UK tax crackdown hitlist. Hardly any enablers of tax dodge schemes prosecuted. They get govt contracts. Little transparency of trusts, offshore excursions. Require publication of tax returns of large companies and super rich. Levy exit tax.
Painful' years ahead, as living standards set to fall. Household disposable income to fall by £1,050 or 3% by 2029. That is a political choice. 1% have more wealth than 70% of the population combined. Redistribution is off the political agenda.
he budget is a missed opportunity to loosen the shackles of neoliberalism. Can't solve problems caused by neoliberalism with more of the same. Appeasing corporations and the super-rich, extra tax perks for the rich, but little for ordinary people.
Poundland, owned by US-based private equity firm Gordon Brothers, on brink of administration, 12,000 jobs at risk. Gordon Brothers rejected a management-backed rescue bid. Probably thinks it can raise more from a breakup of Poundland. Destruction of town centres continues.
Thames Water creditors to decide on new £2.4bn loan. If agreed, it could add £40 to each household bill. Previously TW secured £3.4bn at 9.75% interest rate. One-third of customer bill covers debt costs. Lenders eye ballout, higher bills to make money.
Tommy Robinson faces up to 10 years in jail after being found guilty of harassing journalists. Journalists from the Daily Mail and their family members fled their homes after “bullyboy, intimidatory tactics”. His legal bill paid for by US billionaire Elon Musk.
80% of the Reform UK political donations came from individuals or companies based abroad. Some might not be legal. People not permanently resident in the UK or paying taxes subverting UK politics. What have they been promised in return? Political donations are bribes, must be banned.
‘Too big to not fail’: Google outage exposes UK reliance on a handful of cloud providers. Reliance on few foreign companies reduces economic resilience, makes govts powerless. China/India building alternatives. UK/EU need to do the same. Fiscal rules prevent public investment
Three-quarters of the responses to the 2023 UK govt consultation on the tobacco and vapes bill were machine-generated. 90,835 of the 118,756 responses were by bots. Corporations have a new tool for subverting polices and public opinion; to increase profits, spread addiction, health hazards.
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