Showing posts with label workers. Show all posts
Showing posts with label workers. Show all posts

Sunday, 21 January 2018

UK GOVERNMENT A RIGGED SOCIETY Update 28 Dect,.2019


Summary - CONservatives won the GE19 by 80 more seats majority. There are so many controversial facts about it; it rose a suspicion of being rigged.  

First of all Laura Kuenssberg and MP Raab announced vote result that Labour has lost, 2 days before GE19 Day. 

Jeremy Corbyn, Labour Leader, done the biggest election campaign ever and was cheered by huge crowds till the last day; biggest ever voters' applications; longest queue at bad weather.

It emerged the counting was done by a private company IDOX's subsidiary HALAROSE owned by Lord Peter Lilley a TORY MP and was already registered in September 2019 to be dissolved by 19 Dec., 2019. 

How can this be allowed for a PRIVATE TORY COMPANY already registered to be dissolved to count GE19 votes? This was one of the most important elections.

Boris Johnson did hardly any campaigning and if he was booed or told to get out of town which never happened before. It tells you already everything.

THIS ELECTION WAS RIGGED AND HAS TO BE PUT RIGHT !!!!! MR CORBYN IS THE RIGHTFUL PM !!! 
CHIEF EXECUTIVE
STILL WORKING
FOR THE GOVERMENT
AS ADVISOR FOR
£750,000 pa




Dennis Skinner called them a rigged society and there was never a truer word spoken. He got banned from the House of Commons because of it but he was right.

Update 24 Oct., 2019 - It just emerged the Carillion Inquiry collapsed last year. This happened under ex-PM May but there was never any headlines or outcry from Tory controlled Press!!! 


Update 3 Feb., 2018 -- The Bank of Business decided to give a £100million to Carillion which is a folly and another waste of money if you look at the huge loss of money already. It will do nothing but a waste of a lot of money.

Bank of Business is Government owned and therefore a cover-up of taxpayers' money? If that is the case £100m are available for their friends but none for NHS, schools, disabled and Public Service.

Another discovery of the Government backed Carillion is, they sold off £500million of PFI projects - PFI stands for 'private finance initiative' a scheme whereby public service such as the NHS raise funds for capital projects from commercials organizations. Another Gov swindle? Where has the £500m gone?

3 NHS  hospital buildings profits 38 per cent.
Most of the buyers are off shore.
SEMPERIAN bought several; it is based in the tax haven of Jersey and partly owned by Daily Mail Senior Executive Pension Fund which will never vanish and in other words the fatcats. 

Carillion is now the third big corporation to go bankrupt.

As the news spread there also came more revelations about how much the Conservative(Tory) Government was involved.

First of giving contracts after contracts to them and even so, towards the end, they knew the corporation was already in financial difficulties.


Then there were a number Hedge funds involved in the downfall. One of them was BlackRock Investment Management. According to the BlackRock in the last 18 months one of the largest shareholders was Carillion and they lost dividends due to Carillion’s decline.

Former Chancellor George Osborne received £650,000 a year for working only one day a week for BlackRock, guess, as an Adviser. During Osborne six year as a Chancellor, Carillion received £786million public sector contracts such as construction of roads, hospitals and schools.

It is classed as ‘conflict of interest’ and he should have been stopped.

A hedge fund would or could “short-sell” when there is evidently the corporation is over-valued. In other words, they pull the pluck when they feel like.

The method of it is, they borrow shares from other shareholders and selling them which makes the shares prices drop. Suspicion, there were a great number of shares from Tories’ Government and their friends.

If they done is right, they buy it back at a lower price and gain a profit.

BlackRock started “short-selling” Carillon’s shares before they collapsed last year. They also stopped handling the Pension Fund.



Apparently, not one minister met with firm when it was in crisis, after it issued profits warning last July. Tories still gave the company public contracts over £1bn.

Hedge Fund received £35million from a bet that Carillion will collapse. Callousness never ceased.

It also was rumoured that PM May received £50m from a bet of Carillion’s collapsed. No concerns that 20,000 workers lose their jobs and £800million pension fund deficit.

This is now the third corporation which went bust since 2010. First Tata, then BHM and now Carillion and every time the pension fund which workers paid in to have a better retirement, went missing. The Government made no effort to retrieve it. The press never reported how those workers fare and will not on those new 20,000 workers because it is controlled by the Government.

Furthermore, £125million given to Carillion for maintenance at Elmley jail vanished it was ‘messed up’ in Whitehall. Amazing.

£125million only could have done miracles at NHS, fund deprived schools, disability benefit and eliminated starvation plus National debt.

Yet, it just vanished. £125m plus £800m pension fund, plus £500m TATA pension fund, plus £600m BHM pension fund. It is only a very small portion of what the Tory Government don’t care about. They forget who voted them in and can vote them out.
They are supposed to do their best for their people but all they do cashing in and transferring money to tax haven by trillions to tax havens while people literally dying or commit suicide.

Wednesday, 4 May 2016

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.


Thursday, 21 January 2016

LOST PENSION A LEGACY OF THATCHER


It is another legacy of Margaret Thatcher because she put the Pension Pot on the Stock Exchange. Margaret Thatcher had no right to do so because it was the people’s money and not hers.

As everybody knows the shares can go sky high which would be favourable to the pensioners or drop down low. It dropped down low with the Global Crisis and millions of future pensioners saw the value drop with successive wipe off the shares.

Only yesterday was another £52billion loss of shares’ value. The FTSE 100 index is at a four years low and with the oil prices still dropping there is no end to it yet.

So far the stock market has lost £160billion which will affect the workers’ pensions.
New rules allow the people over 55 to draw on their funds straight away. However, at the moment it has a sting in its tail.  When you withdraw your pension pot an excessive fee will be charged. Chancellor George Osborne promised to reduce it but as all the promises it has to be seen to be believed and if how much.

As the old saying goes: “Never belief it until you see it in black and white and then look at the small prints”.

Regarding the heavy, constant drop of oil prices there has been no reflection in the energy tariff or in food prices. It would help the poor and, disabled and pensioners a lot.

Again the Government lets the fat cats bucket the profit and does nothing about it.  There is a harsh winter coming this year and can Mr Cameron’s conscience see another 40,000, last year, die of hypothermia? If the winter weather, as forecast, will be worse than last year it will be even more. Does this Government not have any heart or compassion or conscience?

How does it feel, Mr Cameron, to be in full power and then receive reports of 40,000 deaths of hypothermia or 2,400 deaths of disabled people because their Disabled Benefit was withdrawn?

Do not tell us you do not know because we would not believe it.  Credit us with some brain and knowledge.


Monday, 9 November 2015

STEEL CRISIS CAMERON HIDES BEHIND EU Updated 7 April, 2016


The UK requested from the EU an emergency meeting with the European economic ministers to discuss the crises in the steel industry. This should have been done weeks ago but at the height of the crisis PM David Cameron was busy entertaining the Chinese resident. What kind of Prime Minister is he?

The request is for a tougher action on cheap import from China which later on turned out to be a pretence because the same PM refused to vote for the EU's higher Import Tariff on Chinese Steel.

A demonstration is planned in Brussels by the workers. There was a job loss of 4,000 in October.

The US, Germany, Italy and other countries have already put in laws to prevent cheap steel from Chinese flooding their markets. Why can PM David Cameron not do the same? Instead he signed a contract with China for two nuclear Power Stations to be build which nobody wants after the recent disasters. They most probably will be building with Chinese steel.

Gareth Stace, director of the industry body UK steel, said: “The UK must seize the moment and encourage a rapid response from Brussels if we’re to prevent large scale problems for steel makers spread in Britain and across the continent.”

Axel Eggert, director general of the European steel trade body EUROFUR, called for a level playing field. He said: “We do not want to block imports, but we would like to see fair trade, and if fair trade is not provided by our partners, than EU needs to act and it needs to act immediately.  We hope this will not be one of the outcome, today.”

Unite union agreed and Unite officer Harish Patel said: “Hiding behind the EU as an excuse to do nothing will not wash with tens of thousands of workers whose livelihood depend on steelmaking in the UK. Nothing should be off the table, including a refusal to grant Chinese market economical status while it fails to abide by EU rules on fair trade. Business Secretary Sajid Javid also needs to use the opportunity to learn from his country-partners in countries such as Germany and Italy and follow their lead in developing an industrial strategy with steel at its hearts.”


Sunday, 9 November 2014

FATCATS PAID PERCENTAGE WISE MORE THAN COMPANY PROFITS


A report was issued by the High Pay Centre and Income Data Service  which shows that Fatcat’s bulging pay packets is twice if nor three times of profits risen since 2000. This news is not a surprise to the general public.

Their findings were based FTSE 350 companies for the years between 2000 and 2013. It also revealed that bonuses rose even higher.  According to High Pay Centre they increased by 314 per cent. 

All these past years the companies and the Government tried to convince the public that high bonuses for the executives would encourage big success.  Now it shows, in the same report that profits only raised by 95 per cent for the 350 top companies and their stock market value by 63 per cent. Yet, when a firm collapse because of the executives pay and bonuses superseded the profits the Fatcats pack up and walk into another top job while the workers are unemployed

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High Pay Centre director Deborah Hargreaves said: “This is further evidence that pay at the top has become a self-enriching racket for those who are lucky enough to be in the right place at the right time.”

During the same time the number of low-paid workers has risen from four million in 1990 to seven million in 2011. Women are even in a lower pay bracket than men.  It even worsens with age.

The low-pay figures were compiled by the human resources body, the CIPD, with John Lewis Partnership.  
Peter Cheese, chief executive of CIPD, said: “Over most of the last six years, we have seen a significant fall in real wages, with evidence showing that the UK has high proportion of workers employed in low-wage roles compared with our international competitors. This research shines a light on these issues and has important implications for policy makers and employers.”

A further research by the Daily Mirror revealed that the average worker is eight pence a month better off in comparison to last year. The small percentage of wage rise was eaten up by rising cost of living.

The question remains who is really behind the whole scene -- it is nobody but the Government. Since the Victorians there was never a time where there was such a wide gap created while the top are bucketing money and the general public are starving. Yes, literally starving

Sunday, 19 August 2012

UK's MPs INSULTED WORKERS -- Updated: 6 June,2015


UPDATED: 6 June, 2015 -- The Tories had been re-elected despite their terrible track records and as a majority, only 12 seats. Now they have the full power and it most probably will be worse. Already plans for anti-strikes laws, selling the Royal Mail's properties, cutting Welfare by £12billion, Public servicing by £16billion, introducing fracking and the most probably sold off like British Petroleum to foreign bidders and so on.

It most probably be worse now since they have the full power and wore will come to the public. The Elite will increase by numbers and wealth.

Again MPs  pointed the fingers at unemployed people stating too many people prefer to stay in bed rather than get a job. On which planet are these MPs living?

The Tory-led Coalition for ever cutting work forces and there is a 2.5million unemployment. Admittedly there is always a certain number of unemployable but not all of the 2.5million.

Furthermore, to compare British workers with Asia is not very clever because it is a complete different way of life and working there.

The only good thing might come out of these offensive and inaccurate accusations are that the pressure might bring David Cameron away from playing computer games as it was revealed and make him kick-start the economy.

Apparently the root of all these talks lays with Lord Mayor of London Boris Johnson. He advised David Cameron to stop “pussyfooting around” and bring a big infrastructure projects, de-regulation and tax cuts.
 This advice makes sense, does it?.

They further accused Labour and yet Labour had about 1.5million at the time of the credit crunch where really the bottom fell out of the economy but by the time the Coalition took over Mr Brown got the GDB up to 1 per cent which quickly sank and by now has a double-dip recession with the mismanagement of the Coalition.

To cut constantly the Armed forced, Nurses and Civil servants while at the same time increasing taxes does not work in any economy.

Furthermore, David Cameron gave three or four major contracts to European Countries and therefore companies had to cut workforce. The Union was fighting hard to prevent it but the government in their arrogant way took no notice. 

The MPs should look at themselves when they call the British workers the idlers of the world. They themselves don’t look over-worked and underpaid. Especially with adding more expenses which should not be added or don’t exists.  A 33 weeks a year working in Parliament is not exactly killing themselves for the country.

Have they got legislation through about regulating the banks again? NO.  They talk about it all the time of the high bonuses and David Cameron promised in his election manifesto, he promised March 2011, he promised for September 2011, he promised twice this year to get it through. Of course, he would not dare because they are all the boys who donate to the Conservative party and his friend who get invited to garden party in Downing Street.

Has David Cameron made any attempt to retrieve the taxes from £39trillion in tax havens? He himself talks about it but does nothing again because they are the boys who donate.

These are hypocritical standards by the Tory-led Coalition.  Yet, to call hard working Britons to be the idlers of the world is so ludicrous and if it were not so insulting and hurtful one could laugh. These people are going through hell and high water to keep going.  Something a MP would know nothing about it.  The unemployed are trying more than their best to get employment but if the government can't provide enough jobs what can the ordinary workers do? There are student coming out of Universities with a string of top qualification and they applying to every place they can think off but can't get a job. It is so bad that many don't bother any more to go to the University they don't see the point to get into debts and can't get employment.
. 
Therefore it is no good pointing at Indian children aiming to be doctors or lawyers when the government cutting the NHS to pieces.

Get your facts right first before you open your mouth just to be noticed because that is really what you are after to further your career.

Instead of criticising the workers it would more appropriate if the Coalition would work harder to bring back economic grows. It can be done with job creation and not with austerity.