Prem Sikka (@premnsikka) 's Twitter Profile
Prem Sikka

@premnsikka

Emeritus Professor of Accounting. 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.

ID: 2461924214

linkhttps://members.parliament.uk/member/4885/contact calendar_today24-04-2014 16:50:12

29,29K Tweet

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102,102K Following

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UK median annual wage is £29,628. Net pay is £24,852; barely enough to survive on. Top 1% have more wealth than 70% of the population combined. Bottom 50% has less than 5%. Can't revive economy without boosting purchasing power of the bottom,50%. ons.gov.uk/employmentandl…

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England water pollution at 10-year high, sewage dumping in rivers/lakes/seas accelerates. Higher bills, more abuse Water industry is 90% foreign owned. Shareholders don't experience the consequences of cash extraction. Only nationalisation offers hope bbc.co.uk/news/articles/…

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Sir Alan Bates urges victims of Post Office scandal to sue govt over compensation delays. Victims pushed to accept lower compensation. Some died whilst waiting for compensation No contribution to compensation from Fujitsu, PO directors, lawyers, auditors news.sky.com/story/sir-alan…

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Economist urges Reeves to hike basic rate of income tax. NO Poorest 20% pay higher proportion of income in taxes than the richest 20%. End tax perks of the rich. Align tax on capital gains & dividends with wages, charge NIC. End corporate welfare. independent.co.uk/news/uk/politi…

John McDonnell (@johnmcdonnellmp) 's Twitter Profile Photo

Labour ministers forcing through cuts to disabled people’s benefits just don’t get it. It’s a disastrous policy that will harm hundreds of thousands of vulnerable poor people. It’s morally, socially, politically and electorally a disaster. Just drop it. theguardian.com/politics/2025/…

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1.3m people with cancer, arthritis and more could lose PIP under Labour's benefit cuts. We are all one accident/illness away from needing benefits. Must oppose this cruel cut. It wasn't in the manifesto. Mobilize MPs to oppose this cut. Tax the rich. bigissue.com/news/social-ju…

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Trump suggests UK state visit set for September. A felon, dictator, liar, violator of treaties and court judgements, opponent of civil liberties, threat to global peace rewarded with state visit. Shameful. Mass demonstrations are certain. bbc.co.uk/news/articles/…

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UK watchdog concerned over DWP plan to deduct benefit overpayments. Govt wants 24/7 access to claimants' bank accounts; take money without agreement, court order, right to appeal. Banks will charge. People will be left without money to pay for essentials theguardian.com/society/2025/a…

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Private equity curse US senators investigate role of PE in higher cost of fire engines defective parts, delivery delays. PE story- profiteering, low investment, staff/wage cuts, tax dodges PE destroyed UK high street, devouring healthcare, vets and more archive.ph/QuulQ

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Beware of zonal electricity pricing. Will increase energy industry profits; Higher cost for consumers in congested areas; Profiteering = less incentive to innovate; Make industries less competitive; Increase regional inequalities; Deter regional mobility. theguardian.com/business/2025/…

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Reeves to make case for trade deal in first meeting with US treasury secretary. Must not sacrifice the NHS; food/environment standards, worker rights. Deal must be approved by parliament in a free vote. Trade deal with the EU preferable to US. theguardian.com/politics/2025/…

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Labour MPs urge Starmer to adopt Trump-style media strategy. Wrong advice. Trump is a destructive man-child. Need honest politics, improve people's life chances. Improve purchasing power of the bottom 50%, redistribute, nationalise essential services. theguardian.com/politics/2025/…

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NatWest proposing 43% pay hike for CEO to £7.7m. Barclays 45% hike to £14.3m. HSBC 43% hike to £15m. Govts tell workers pay rises are inflationary, but rise in exec pay, dividends, share buybacks OK. Let customers/employees vote on bank exec pay. theguardian.com/business/2025/…