BONUSES NEED TO BE CUT

Despite the call for cutting Bonuses and too high salaries of CEO years ago you bet it wasn't done even so the economy is almost at rock bottom for years.                                                                              Even now with CV19 deadly virus and eventually PM decided a lockdown which made every business standstill will CEOs have reduced their salaries and forgone bonuses? I doubt it.

Salaries of the CEOs have gone out of control. Nobody's work is worth £3 or £4million a year.
Now the shareholders are trying to stop further ludicrous bonuses added on top of it which increases their income by up to 300 per cent.

HBSC bank had already a revolt when a £70million bonus was announced for the top executive. Let's face it £70million is just the bonus.

The shareholder lobby group are now digging in their heals and stating that fat cats bonuses should be more than halved. Even than it is wrong because the man is getting paid for his work so what excellent extra work does he do for to earn such a high bonus?

When it was announced that Bob Dudley, BP chief executive, would receive a package of £14million and £70million to Sir Martin Sorrell, head of advertising giant WPP. new anger broke lose.
Sharesoc was condemning the lucrative bonus system.

It is high time that people wake up to these fat cats receiving numeration which are out of control. Beside it is doubtful that they would pay the correct taxes to plough some money of it back into the country.

The tax haven islands must be sinking soon so loaded they are with legally but wrong money. If those sky-high salaries and bonuses are stopped prices would come down, people would not have to starve, demand for goods would increase and so would manufacturing. Even factories are slowing down because the demand for goods dropped and laying off workers.

Apart from the Victorian Age there was never such a wide gulf between the public and so called upper class.

The bonus system must have been introduced by the fat cats themselves to give it a name for creaming tens of millions of pounds. Money which is off the back of taxpayers and goes out of the country.

Source Daily Mirror

TORIES PENSION MINISTER REFUSED BHS MEETING Update 2 June, 2016

Baroness

Altman

UPDATE 2 June, 2016 --
Will David Cameron and the Tory Government really let Philip Green get away with the pension fund and also let another  11,000 jobs be lost again?

Also Tata with the steel workers' pension fund?

A few months ago British Home Store (BHS) went into financial difficulties and was on the verge of closing the chain store. It would have cost thousands of staff their jobs.

The Owner was Philip Green and it was discovered that huge sums were missing including the staff Pension Fund.

In the last minute Dominic Chappell tried to buy the chain stores for £1. Do not get green with envy because £1 is just an official buying price the real take over is huge debts including the pension fund.


Mr Chappell requested three times a meeting with Baroness Altmann the Pension Minister but she refused each time.

Mr Chappell wanted to break the deadlock between Sir Philip Green and The Pension Regulator over funding settlement.

The Department of Work and Pensions refused to comment. One comment was given that it would have been not right for Baroness Altmann to get involved.

Billionaire Sir Philip Green supposed to have offered £80million to plug the hole of £571million. An expert told the Daily Mirror the watchdog could press Sir Philip Green to cough up £300million. Let's hope so. It stinks to high heaven that someone can just swipe off £571million which was saved by hard-working staff hoping for a better retirement. 


It is a disgrace that £571million can vanish and Sir Philip Green is not held responsible and made to put the full amount back. Sir Philip Green is also the owner of Top Shop.

It seems to be a new trend to convince workers to pay into a pension fund which then vanished. It also happened at the Steel Works TATA. They too lost hundreds of millions of pounds of Pension Funds.

Again the Government sits back and does nothing.

As a matter of fact the take-over has not yet been settled officially. The administration still presses ahead of finding the right buyer. They remain hopeful to safe the 164 chain store employing 11,000 people.

Administrator, Duff & Phelps, has hired at one specialist to assess the value of breaking up the business. It would again cause widespread job losses plus their pensions. Again the Government nose dives like a U-boat. and does nothing to help. They caused all the troubles with austerity and cut backs and when a company goes bust they vanish.

At the moment Matalan founder John Hargreaves and Select Fashions owner Cafer Mahirogha joined forces and are interested to buy.

Aziz Tayuh, owner of Pound Store is also interested to buy BHS.

The following week will be decisive for BHS whether there will a take-over or closure of BHS.

Source  Daily Mirror　

NHS CHIEFS COOK ACCOUNTS BOOKS

NHS chiefs do not cook the books to swipe off money but to bring the NHS deficit down but would not need if Mr Cameron kept his word and invested £8billion as promised.

NHS was established in 1948 by Labour Leader Clement Atlee and is now destroyed by the Conservative Government. They have no right to tough it because it belongs to the people being paid through the National Insurance.
================================================
PLEASE BE SO KIND AND CLICK ON ADVERTS. THANK YOU
================================================

Hospitals show a deficit of £2.45billion for the year 2014/15.

Experts suspecting that the real figure is much higher and could be £2.8billion or even £3billion. 

The whistle-blower stated further that millions of pounds are being put through as income.

Pelham Allan, former finance chief at University College London Hospital said: "It's all thanks to some frankly quite heroic accounting to find everything possible in the buckets and pocket that number down to a politically acceptable level."

The final report by NHS Improvement points out the extra cost of £1.4billion for agency staff and around £145milion costs for "bed-blocking".

Again it shows up the Government irresponsibility not having put the promised £8billion into the NHS.

They not only ignore the fact of a great deficit but find the NHS an extra £498million financial penalty for not being able to meet the £316million worth of efficiency saving. They are despicable.

What kind of politics are they allowed to run?

This is not a call for a revolution but surely even a Government has its limit and to live up to their responsibility. If not the MPs are voted in to make sure they do.

Ever since 2010 the NHS is run down, sold off to contractor which have no other interest but pumping out money as much as possible.

The very idiotic idea of sacking 5,000 nurses and doctors with the excuse to save money and then employ agency staff is nothing but putting money into Mr Cameron's friends' pocket.

50 chief executives earning over £500,000 plus bonuses which adds to the expenses and is questionable if they are necessary. Mr Cameron took out £1million for his flagship experiment "Better Care" which sunk.

It is not only the NHS situation but number of other services have been cut down not to mention the Welfare cuts which have gone to far.

The Government forgets that they were voted in by the people and financed by the taxpayers they should be responsible to look after the people's interests. Ever since the Tory were elected they done everything else but that.

Therefore they should be accountable for their action and not do as they like and get away with it. Even so they are the majority but they still have a responsibility to the public.

Mr Cameron seems to be only there for himself and his friends while he screws the general public into the ground. He had his games for far too long and should be stopped.

His politics brings the country down to highest deficit for 67 years and added more debts of £115billion during 2014/15 despite austerity, cut back and privatisation.

So where does the money really go.

Source Daily Mirror

LORD HOWARD TOLD CBI TO VOTE BREXIT

At an audience of business men Lord Howard a long standing and dedicated Tory politician tells they are wrong in backing BREMAIN..

By now the press is so full of every politician talking about Bremain or Brexit that slowly the public is getting fed-up of it and confused but this speech is worthwhile to write and read. The CBI is a very powerful organisation of top businesses.

Lord Howard points out that these important business men are wrong in backing BREMAIN and influencing their employees.
================================================
PLEASE BE SO KIND AND CLICK ON ADVERTS. THANK YOU
=================================================


Since being in the EU it prevents to have trade agreements with India, China, Brazil. Even Australia and New Zealand which is ridiculous being part of the Commonwealth.

To get the agreement to trade with only one of them it would take 27 EU members to agree which makes it obvious an impossibility. It shows how tight-fisted Brussels rules are and not a democracy.
While tied to Brussels British businesses are choked with red tapes and quite a number of it are ridiculous.

Therefore, Lord Howard points out, it would be far better to cut the ties with the EU and being free to chose their own trade partners as well as on their own terms.

In view of Lord Howard's revelation it shows another misleading propaganda from Mr Cameron. Do campaign by all means but to tell wrong information is unacceptable.

By now Mr Cameron woven so many webs of lies that he is slowly getting entangled in it and it is coming down on him. He also insists on the beloved NHS being safe when voting BREMAIN but even Brussels admits that there will be no NHS when the vote is "YES".

Brussels also holding back their budget surely for their own good reason and promised a tsunami of new rules. Why Mr Cameron does not face up to a complete distraction of the UK and still insists the EU membership is a good deal? It is hard to understand or accept.

Even after the Queen's speech the Tories' MPs demanded an amendment to the TTIP to keep the NHS out which they got. It is unheard of for the Queen's speech to be rectified especially so soon after. Mr Cameron agreed but whether it will stand-up in Brussels is another question. It is doubtful after Brussels already promised the NHS will be dismantled.


Source Daily Express　

LEAKED LETTER TORIES MISLEADING PARLIAMENT Update 25 May, 2017

Update 25 May, 2017 --
"Misleading Parliament is the highest constitutional crime" would also apply to the cover-up of the failed Trident test, by PM May, just before the MPs' vote on the Trident's missile programme.

North-east Somerset MP Jacob Rees-Mogg demands an inquiry into the accusation of Prime Minister was plotting with the boss of Serco, Rupert Soames, Churchill's grandson,  for the UK to remain in the EU. It was dated 11 February which was before Mr Cameron had finished his renegotiating campaign.

Mr Rees-Mogg branded it "all outrageous" and "a real scandal". It supposed to have been plotted between Mr Soames and Mr Cameron.

=================================================

PLEASE BE SO KIND AND CLICK ON ADVERTS. THANK YOU

=================================================

Apparently if it is true "Parliament was misled". He added further: "Misleading Parliament is the highest constitutional crime.

"So if it can be proved this has happened, of course anyone has to go if they've mislead Parliament. It is a basic principle of the constitution."

Mr Rees-Mogg pointed to the Profuma Affair in the 1963 which brought down the Harold MacMillan's government It was not because Profuma had an affair but he misled Parliament.

"And I think we need an inquiry to find out what whether this was going on, we need to see the emails from David Cameron."

In my opinion that is where the saga ends. David Cameron and Downing Street will do anything to prevent the emails been given. Has the David Cameron not already prevented his emails between Brooks and himself to be included from the phone-hacking inquiry.

Has David Cameron not recently changed the independent inquiry into Anti-Semitism into an inquiry in front of MPs which is pointless because it will influenced by politics.

Has he not also denied being involved in the Panama Scandal but then admitted it when his father was named.

UKip leader said: " I think increasingly in this referendum campaign he is looking like Dishonest Dave.

Prime Minister quoted: "he ruled nothing out in terms of how the renegotiation went, then three months later he tells us that if we leave it will cause World War III.

"He clearly has been less than honest with virtually everybody including the House of Common."

Boris Johnson commented: "This is the biggest stitch-up since Bayeux Tapestry."

Mr Johnson fumed further: "It stinks to high heaven. FTSE100 chiefs are seeing their pay pocket soar while uncontrolled immigration is forcing down wages for British workers.

"Now we learn that some fat cats have been secretly agreeing to campaign for Remain while angling lavish Government contracts.

"It makes us look like a banana republic. Probably it is also now beyond a doubt that the so-called renegotiation was a fiction designed to bamboozle the public.

"It was a meaningless mime, a ritual, a kabuki drama in which the outcome was utterly preordained. This is not the far-reaching and fundamental reform we were promised.

"The only safe way to take back control of our borders and our democracy is to Vote Leave on 23 June."

Source Daily Express

HEALTH SECRETARY JAMES HUNT CLAIM IS WRONG

The Health Secretary James Hunt claims that more people die on the weekend which he used as a major point to make doctors work 7-days a week.

At first it was a chocking revelation but at a closer look it showed that only very seriously ill people are admitted into hospitals at the weekend.
=================================================
PLEASE BE SO KIND AND CLICK ON ADVERTS. THANK YOU
=================================================

Therefore as Professor Matt Sutton points out it is sad but the fact is that no matter what care they receive the patients have no chance. Prof Sutton added further that Mr Hunt's force to extent service over the weekend will not save any lives. The result came from a study which looked into 12.5 million emergency admissions to English hospitals over 11 months.

Most of the lesser seriously ill people do get admitted during the week.

The British Medical Association (BMA) said: "The Government needs to look at its rhetoric and the way it is attacking the medical profession."

Mr Hunt used his big argument for rewriting contracts - making it cheaper for hospitals to cover weekend rotas. If Mr Hunt wants to save money he should cut agency staff which cost thrice the money of sacked nurses. He also could save a lot of money on 50 NHS top executives earning over £500,000 a year.

Junior doctors are striking at the moment to get the right payment which they deserve. They can not do enough for you when you are in hospital and are on the go non-stop.

There again, the government sacked doctors soon after they came into power and now employing agency doctors which cost three times as much. Very clever arithmetic Mr Hunt.
Chancellor George Osborne plans to cut the grants for medical students but will not cut the bonuses for Civil Servants on the contrary Mr Cameron even increased it for top Civil Servants.
Mr Cameron would not give 1 percent increase for the nurses but gave MPs a 10 per cent rise whose expenses are all paid for and are, at the moment, on £70,000 a year.

The NHS would not be in such a worst state if Mr Cameron, Mr Hunt and Mr Osborne always keep taking million of pounds out of for all sorts of "Flagships" which never work.

Mr Cameron promised during his Election Campaign to put £8billion a year into the NHS. If he done so why is the NHS's finances getting worse? Another promise which he did not keep.

Do not blame or crucify the Junior Doctors because they want to be paid for the hours they doing. Look at all those fatcats are creating constantly.

WITHDRAWAL OF FREE TV LICENCE OVER 75 YEARS Update 12 Oct., 2020

Update 12 Oct,. 2020 - Johnson by some 'trick' won GE19 with a majority of 80. He has now announced the Withdrawal of Free tv Licence for over 75is Law. Cameron cut Welfare. May took 90,000 disabled adapted cars off the roads which must have been a heartbreak. Johnson cancelled Free TV licence. It were introduced by Labour. They even tried to stop free school meals but had to make a U-turn. So far, but Tories will try again.

Update 18 Oct., 2019 - Although May resigned and now Boris Johnson is PM the Withdrawal of Free TV Licence for over 75 and free bus pass for pensioners is still on the table. It was Labour introduced it. The Withdrawal would only be stopped if Labour wins in the coming GE.

UPDATE 30 April, 2019 --

The Withdrawal of Free TV Licence and free bus pass for over 75 has been raised again and no surprise that it will be put through this time. It is also for disabled people 

They all should be ashamed of themselves but 'shamed'

 does not exists in Tory's dictionary.

To withdraw the free TV licence for the 75 years who has a member of his of her/his in the household.

It is another devastating effect on the old and poor pensioners whose only little entertainment would be cut. It would effect 600,000. Disabled people wont be able to afford going out and cant watch TV. What kind of life will they have. Their disable adjusted car was already taken away. Their payment was cut. May and her gang is evil to the core.

Has this Government not done enough to bring Old Age Pensioners down? The next thing will the withdrawal of the free bus pass. They forget that it is this very generation who saved this country for them under the worst conditions and sacrifices. 


They keep shooting their mouth off about honouring the hard-working people. This generation worked so hard and was so loyal and now they get a kick from these glory boys.

All this is organised by the very rich who never had to think about the money to pay bills. 

Gordon Brown introduced the free TV licence in 2000 and David Cameron promised, another failed promised, to keep it in his first term in office.

At first the BBC was blamed for the disastrous decision but now it emerged that the Government decided that £750million cost would be BBC's problem.

That shifting of expenses seems to be a new trend because they done the same with the costs of supporting the worst disabled people and their carers. They moved the responsibility to the Council and cutting the budget of the Council at the same time. The result as a good guess as yours as mine.

Mr Cameron and his great Chancellor Georg Osborne are not humans. To constantly cutting the Welfare of people, especially disabled ones and Old Age Pensioners is absolutely devilish.

At the same, last week, Mr Cameron sneaked off while everybody was watching the voting results and sanctioned a bill for a big increase of bonuses for top civil servants. What can you call it when you can not call him dodgy?

PROMISED ECONOMY IMPROVEMENTS GE2015 update 4 August, 2020

Update 4 August, 2020 We hadn't had an economy report since July 2019 which showed a deficit. Now the next thing, my guess, will be to blame CV19. Admittedly, it didn't help but the economy was sinking every year since 2010 despite Austerity or realistically because of Austerity. Cutting Welfare, Wages, Police, Nurses, Doctors, Army, RAF and massively increasing energy tariffs, VAT, never helps. Putting up a smoke screen with contracts which could mean 1 hour of work a week or two just to cover the massive, rapidly increasing unemployment even before CV19.

What will happened now when hopefully CV19 ends. There are  already announcement of big staff reduction by every business big or small. It is any ones guess. Its a horrifying thought but PM is no help at all especially when breaking off with EU at no-deal-Brexit and signing a Trade Agreement with USA including NHS Sale.

Update 18 Oct., 2019 - May resigned and Boris Johnson was chosen by Tories as PM but there is still no sign of Economy Improvement, on the contrary. Last Quarter it showed a Deficit despite the Austerity. Despite May's false promise, last year, to stop Austerity. 

Update 23 March, 2018 -- The economy is now so bad, because consumers have long ago run out of money to spent, even the big supermarket chains and corporations are cutting back or going bankrupt. The Tories still take no notice and ploughing on. The Chancellor does not make a Budget any more but just gives Financial Statements. How much longer do they want to carry on like that?

Update 29 Dec., 2017 -- here is another reason for the economy going down. Alarm has been raised of business investment is less by increased payouts to shareholders. Dividends in UK companies increased by 17.5 per cent during the 3 months till September and it is the highest in the world.

May, her Chancellor and the Tories must be well aware of it and it raises many questions. It definitely shows the fatcats are in full reign of cashing in; while living standard and manufacturing going down.

Updated 17 Oct., 2017 - Today, BBC announced the inflation is the worst since April, 2012 and there is no end to it because the Government will not stop cutting or austerity. Most probably the Chancellor in his coming Budget will find some more cuts for the poor and disabled.

Updated 12 Oct., 2017 - British economy had increase of 0.2 per cent. It will be worse when the £12bn welfare cuts and £16bn public service cut come fully into effect. May did not have to add it after all people are already starving and homeless by the hundred thousands. 

Update 8 Sept., 2017 - PM May has started Brexit in March 2017 but ever since they dragging it out. Now she wants to introduce a Bill to be voted on, on Monday. Labour will refuse because it will rig Parliament (meaning they can pass laws without MPs' vote), keep EU justice and reduce workers' rights. 

Promises, promises, promises and I do not think one was ever kept that's David Cameron and his Tories.

The new PM Theresa May does not seem to be any different or better. She promises to start Brexit off but there is no sign of it and time gets wasted. She too lets the British Steel industry go to the wall while she lets China remove MG and Rover, another loss to steel industry, and let them build Hinkley Nuclear Plant with their 80,000 tonnes of steel which would have been a boost to British Steel.

Wish he would and
the rest of the "Elite

Tories were smearing Labour with lies such as bad economy as they campaigned for the General Election in 2015 and the Tories promised to improve it.

A year later the data from the Insolvency Service showed the number of businesses going bust or are in big trouble have risen

In the first three months of this year 3,694 companies were declared insolvent. It is 5,4 per cent higher then the final three months of 2015.

Out of the 3,694 companies were 2,515 firms which had to close because the creditors could not find the money to pay their outstand bills.

This situation did not help to bring the unemployment down which was another promise given in the GE2015 campaign.

Another gloom of unemployment is looming because of the steel crisis which means tens of thousands of workers trained specially for their jobs yet Cameron and the Tories could not care less.

This crisis followed the collapse of BHS a huge chain store. If a new buyer is not found it will costs 11,000 staff their jobs.

The data also reveals that 20,383 people were declared bankrupt.

After a year in office and PM Cameron's promises not only unfulfilled but the economy even gone worse with no improvement in sight. His smears and lies certainly came back to haunt him. Mr Murdoch does not write about all the failure of the Conservative Party but he is busy drumming up flimsy accusation of anti-Semitism.

REFORM OF UNIVERSAL CREDIT TOO FAR

SUMMARY - Its almost uncountable the numbers of DWP Secr since CONservative are in power and everyone of them is as bad if not worse as the one before.

Update Nov., 2018 - Amber Rudd replaced Ester McVey as DWP Secr - no improvement. Universal Credit still in a mess and people losing their benefits and live; by either starvation or suicide. 

David Gauke was replaced by Ester McVey who seems to be even worse. She won a Bedroom Tax court case against a couple whose wife is seriously disabled. The court expenses are paid by taxpayers

David Gauke worked for a finance company which helps tax avoiding. Nice guy. May knows how to pick them.

Update 6 Oct., 2017 -- Damien Green was replaced  by David Gauke who decided to roll out the Universal Credit despite objection from a number of MPs.

The objection is mainly that payments are withheld for six weeks. How on earth do those fatcats think already down trodden people manage. 

Ah, said wise May, there is a phone line to ask for earlier payment  but it cost 55p per minute. Under pressure from Labour May promised to drop the 55p per minute fee but accordingly, so far it did not happened.

Again, wise May, how will people pay for it and most of the elderly or very old people would not know about it.

All this before we even find out how much we lost and it bound to be a loss for us and a massive gain for May and her money-thirsty
Zombies.

The Winter Fuel Payment had been cut by £100 even after an announcement that 40,000 people died of hyperthermia, last winter, and the energy prices increased by 10 or 15 per cent.  It scarce you to think what will be the outcome of this winter. But they could find the money to print an eight-page leaflet for all sorts of advice. The leaflet was printed with NHS and the cost must have come out of NHS not DWP or heaven forbid from May's handbag.

The Welfare Secretary is now Damian  Green. It is doubtful there will be improvement because he is praising Ian Duncan Smith for his excellent work.

The Resolution Foundation said: "Universal Credit has been taken too far from its original purpose and veered off track because of the cost cutting."

It was announced at a time when the Government announced a further cut.

The new Welfare secretary Stephen Crabb said: "The payment was transforming welfare and getting people into work faster." The problem is that people in work are so low paid; they are starving or cant afford the rent and get homeless. Do Tories have brains apart for their own advantage.

The statement is such a humbug when 3 million unemployed less all the various methods of bringing the figure down with such as Zero-hour-contracts and so forth.

Last month, March, the unemployment has even risen by 61,000. A month where unemployment usually falls because of building sites and outside jobs starting again.

In view of those facts how can Mr Crabb make a statement like that? Surely he knows the full situation.

The original plan was for Universal Credit to replace six benefits - Job seeking Allowances and Employment and Support Allowances with a single payment.

After a long delay and costing an enormous amount of money it is gradually introduced across the UK and is now available to new job seeker in every Job Centre.

It is hoped that the reform be finalised by 2021.

Although the Resolution Foundation had supported the original plan but said now "which have been driven by the government's desire to secure further saving in the Welfare budget....have taken it too far from its original purpose.

"Unless it is reversed Universal Credit risks being reduced to little more than a very complicated vehicle for cutting the benefits bill."

Surely, the fact was obvious to the public from the start and the one and only purpose for the reform.

Welfare ex-secretary Ian Duncan Smith belied his own resignation statement. He went, literally, hopping mad when Chancellor George Osborne announced the £12billion Welfare cut but when Mr Osborne reversed some of the Welfare cut in March budget Mr Smith resigned stating to pressure of "salami slice" welfare.

The government said more than 450,000 people have made the claim for Universal Credit and more than 9,500 new claims every week. This is not a success story but purely due to pressure from the government.

Mr Crabb said: "Universal Credit is transforming Welfare and is central to our vision for our society where people of all background can earn a decent wage and provide for their families, where claimants moving into work faster and earning more then under the old system."

Has it ever occurred to Mr Crabb why people are on unemployment benefit because there are no jobs to be had?

Again, surely it is in their vision but it will bring families down to greater hardship.

The only way to create employment is to stop austerity which would bring back demands for goods to buy and increase manufacturing. At the moment manufacturers are rapidly reducing staff or going bankrupt all together

UK had 6 years of it and it brought nothing but highest debts for 8 years and highest deficit for 67 years despite of austerity and cut backs. Not a success story and if the Government wants to ride the country into inflation it is on the right road.

Labour Party has more sense and promised to stop austerity