Monday, 25 November 2013
Might be the Worlds greatest something but 'Newspaper' is arguable
The Daily Express, never shy about blowing its own trumpet, has a blazing headline claiming that over 150000 have signed an anti immigration petition. Oh Wow ! Its own figures claim a readership of approx 1.2million on sales of 537,743 so it's not such a big number on the petition given the mindset of Express readers. And when you further consider that there are about 42million people over 19yrs old who describe themselves in the census as 'white British' the number becomes insignificant.
Saturday, 5 October 2013
Tory lies
Whenever there is an
audience George Osborne sounds off about clamping down on
unreasonable tax avoidance having brought in the General Anti Abuse
Rule (GAAR) earlier this year. But it is not true. 'Private Eye No
1349 ' [20th September to 3rd October] devotes four pages to
reporting on an investigation jointly with Panorama shows that the UK
has now become one of the largest 'tax havens' in the world. What is
even worse is that the HMRC has a mountain of evidence on tax evasion
– which is illegal – only one very wealthy offshore tax dodger
has been prosecuted. But more than 600 builders, plumbers, doctors
etc have been nailed for cooking their books and of course all the
Tory focus and that of its supportive press is on benefit cheats. No
one condones benefit cheats but even handed & cost effective
enforcement – no way. And before anyone questions the veracity of
Private Eye remember how many times it has been sued. Nowadays it is
very very careful. Finally it seems that the Government is trying to
pretend it can't afford a scabby 1% pay rise for NHS workers. Perhaps
if it tried a bit harder not to lie about taxing the rich such a rise
could be more than afforded.
Wednesday, 11 September 2013
It's putting policies into practice where the Government really screws up
Conservative Party Chairman , Grant
Shapps MP, has barely been able to contain his rage at a UN
inspector who criticised the so called 'bedroom tax'. She obviously
touched a nerve. Without getting into the argument over the merits of
the ' tax' David Cameron told his party conference in 2011 that
'We're bringing back the right to buy and using the money to build
new homes'. Fine if it were actually happening – but it's not. The
right to buy scheme was re-invogorated in April 2012 by bigger
discounts to tenants since when some 8000 homes have been sold but
only about 1000 new ones built. Rent is included in the capped
Universal Credit. So where are people expected to downsize to? Into a
totally unregulated private rental sector? It should come as no
surprise that the National Audit Office describes the policy as being
over ambitious & badly managed. Housing Minister, Mark Prisk,
bangs on about building homes at a faster rate than for many years.
Not actually difficult when next to none were built in recent
previous years.. He makes less noise about having to call Britains
biggest house builders to a meeting [FT 7th Sept] to try &
accelerate affordable housing construction. There is nothing wrong
with a POLICY of merging six benefits into one but so many of the
coalition policies have been wrecked by breathtakingly crass &
incompetent implementation. Keeping housing out of it – at least
for the time being – and merging six benefits into two would have
been good progress & saved a load of grief.
Tuesday, 23 July 2013
I'll tolerate most abuse but I do get very angry at being taken for an idiot
UK Dividend payments have risen by one
fifth. Chief Executives of FTSE 100 companies saw their median
earnings rise by 31% to £3.5million in 2013. This is on top of one
in four of them getting a 41% increase in 2012. Archbishop John
Sentamu notes that “ The holes in millions of pay checks
[for ordinary workers] are being plugged by in work support to the
tune of £4bn a year” [of taxpayers money]. He quite rightly
asks why is government having to subsidise businesses who don't pay
their employees enough to live on. Meanwhile the EU haters & the
Daily Express are getting all excited that the EU requirement to
give equal rights to temporary employees is costing British business
' up to [notice the qualification] £1.5bn'. That sum is rather
trivial I relation to the other figures quoted here. We are being
treated as idiots by being asked to believe that this 'imposition'
from the EU is harming our businesses? Some might say that if were
NOT for the EU, Chief Executives & the Tory Party would be even
more gleefully grinding the faces of us ordinary mortals into the
dust.
Thursday, 13 June 2013
Public pressure on corporate tax can work.
The good news is that public opinion is making several multinational companies adjust their tax avoidance plans. We should also note that Section 172 of the UK Companies Act 2006 requires directors to act in good faith in what is normally understood to be the business imperatives but also to have regard to : " the impact of the company's operations on the community" and " the desirability of the company maintaining a reputation for high standards of business conduct". So within existing law there is scope for HMRC to get a lot tougher with its approach & the Government could resource HMRC to allow it to do that whilst the much more long winded & difficult task of getting international agreement grinds on.
Tuesday, 14 May 2013
It's not the EU we should be banging on about. It's flogging the country to foreigners
On 13th April 2012 the Daily Mail published an article [extracted from Britain For Sale: British Companies In Foreign Hands by Alex Brummer, published by Random House Business Books ]. It pointed out that we’ve lost our taste for ownership of our own economy and public services — from once-great manufacturers such as ICI to most of the companies that deliver our electricity, water and gas. The Government is even happy to consider letting a Russian firm, the one behind the Chernobyl accident, run some of Britain’s next generation of nuclear power stations. In fact, to date, we’ve sold off more than half our assets to foreign owners. Boots, Cadbury, our steel industry and much much more. In the face of political indifference, foreign companies acquired £30billion worth of British enterprises in 2009. In 2010, that rose to a value of £54.5 bn. Less than half of our Premier & Championship football clubs are British owned. 52% of all office properties in London's main financial district and 60% of all new homes in central London are owned by foreigners. There have been disastrous consequences for UK employment & skill base. No other country is quite so stupid. India has bought UK enterprises such as Jaguar Rover but it won’t allow British firms to take full control of Indian companies. Most other countries, including the USA have restrictions on who may own key assests. YET ALL UKIP & THE TORY RIGHT CAN DO IS BANG ON ABOUT THE EU. Do we still have any brain cells?
Sunday, 5 May 2013
Too much hype & little substance
What justifies the extravagant hype all
over the media about UKIP causing a 'Sea change' in British politics
and all the rest of the exposure of Nigel Farage on TV and
Conservative panic? So UKIP have a bigger share of the popular vote
but under our crazy electoral system that is nothing new. It is
'seats' that matter. Plenty of Tory & Labour Governments have
been elected on a minority popular vote. So let's look at some facts:
- 9836 candidates competed for 2360 seats on 35 English Councils on 2nd May 2013
- Liberal Democrats fielded 1756 candidates; UKIP fielded 1734
- Liberal Democrats won 371 seats; UKIP 147
- Liberal Democrats are represented on every Council except Staffordshire; UKIP have no representation on 12 of the 35 Councils
- More than half (80 in fact) of UKIP's seats are in just six councils: Cambridgeshire 12; Lincolnshire 16; Norfolk 15; Hampshire 10; West Sussex 10; Kent 17. Note that these Councils are in just two geographic clusters in the South.
- In Cambridgeshire (14) and Hampshire (17) Liberal Democrats have more seats than UKIP
So there is very little to justify the
fuss. Just a protest group in localised pockets with no
responsibility.
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