Tag Archives: corporation

Sunak threatens tax raid in yet another Tory u-turn

Rishi Sunak: I like this shot because he looks nervous. If I was in his position, asking Tory backbenchers to raise taxes, I’d be nervous too.

This won’t play well with the Tory backbenchers: after u-turn after u-turn over Covid-19 and schools, their government is promising yet another u-turn – over tax.

Tories pride themselves on being a tax-cutting party. But Rishi Sunak is said to be threatening not just one but several tax hikes:

And to add insult to injury, the planned policy change means the Conservatives will be mirroring a policy planned by Jeremy Corbyn’s Labour in its 2019 election manifesto:

And if the voters don’t like it – and they don’t:

… What are Johnson’s already-disgruntled backbenchers going to do?

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Nurses excluded from public sector pay rise – because of impending NHS sell-off?

No pay rise for nurses: by keeping the payroll as low as possible, aren’t the Tories making the NHS more attractive to US corporate buyers?

The Tories have denied nurses a pay rise that they have granted to other public sector workers including teachers and doctors.

It seems that, while these other professions are to get a raise “recognising their efforts on the frontline during the battle against COVID-19”, nurses – after many of their colleagues died on the Covid-19 “frontline” – are to be ignored.

The Tories say nurses are already benefiting from a series of pay hikes imposed in 2017 – but nursing representatives say this is blurring the line between professional progression and a pay rise.

Certainly there is a difference between the Tory claim that the average nurse will “receive an average 4.4 per cent rise this year” and the 1.65 per cent the vast majority of nurses had.

Here’s a thought, though: The Tories just voted en masse to ensure that the NHS is included in any trade deal with the United States.

If they’re about to hand over such a large concern to new, corporate, profit-driven owners, they’ll want to ensure that it has relatively low operating costs – and the best way to do that is to keep payroll costs down, what with wages being the highest cost in most businesses.

Doesn’t that make sense to you?

Source: No new pay rise for nurses, confirms Downing Street | NursingNotes

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Does money matter more than your life? Corporations prepare lawsuits against countries over Covid-19 protections


Remember the fuss over the Transatlantic Trade and Investment Partnership (TTIP)? No?

Let me tell you a story.

Back when the UK was part of the European Union, there was a move to create a trading partnership with the United States, allowing goods to flow between the two power blocs, practically tax free.

But problems arose over a so-called ‘Investor-State Dispute Settlement’ system that would have allowed corporations to prosecute individual nations if they passed laws that – for example – protected citizens from having to buy inferior goods that put their health at risk.

This would have interfered with the corporations’ profits, you see.

The possibility of entering an agreement that gave ultimate power to greedy shareholders rather than national governments that – at least nominally – exist to protect citizens killed the TTIP stone dead.

Now we have evidence of what a good idea this was:

Countries could soon face a ‘wave’ of multi-million dollar lawsuits from multinational corporations claiming compensation for measures introduced to protect people from COVID-19 and its economic fallout, according to a new report.

Researchers have identified more than twenty corporate law firms offering services to mount such cases, which would seek compensation from states for measures that have negatively impacted company profits – including lost future profits.

Measures that could face legal challenges include the state acquisition of private hospitals; steps introduced to ensure that drugs, tests and vaccines are affordable; and relief on rent, debt and utility payments.

Under controversial ‘Investor-State Dispute Settlement’ (ISDS) mechanisms, foreign investors, companies and shareholders are able to sue states directly at obscure international tribunals over a wide range of government actions… in what the researchers describe as “a parallel justice system for the rich”.

This Writer is not aware of the UK being a part of any ISDS procedure, and it is clear that any agreement to take part in one would be an offence against democracy.

Note very carefully that the UK’s Conservative government was very keen to take us into such an agreement with the United States, as part of the EU.

I can only agree with Labour’s John McDonnell…

… and urge that anyone hearing of such lawsuits taking place here in the UK let me know immediately.

Source: Exclusive: Countries to face a ‘wave’ of corporate lawsuits challenging emergency COVID-19 measures | openDemocracy

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Theresa May’s husband works for a firm that didn’t pay tax for eight years. Has it started yet?

Philip and Theresa May.

A row over the amount of tax paid by the firm that employs the prime minister’s husband has been revived – just in time for Christmas.

It was reported last year that the investment firm that employs UK prime minister Theresa May’s husband, Philip, had not paid any Corporation Tax since 2009.

The tax is paid only on profits, and it seems Capital International Ltd had managed to make a loss of £125 million over the eight-year period between 2009 and 2017.

It did, however, have a turnover of £467 million – nearly half a billion pounds – in the same period, and has assets of £1.1 trillion.

And it managed to pay its board of directors a total of £43 million in salaries and benefits during that time.

Creative accountancy?

You have to admit, it’s a little odd for a firm to be paying out bonuses to anybody at all if it is losing money.

It seems the company, which is part of the international Capital Group, made its losses after making multi-million pound payments to its parent organisation which is based in the United States and pays its taxes there. Another subsidiary, Capital International Sarl, is bassed in the tax haven of Switzerland.

It does not pay tax in years when it makes losses or in years when those losses have been carried forward.

The amount paid to Mr May is not known as the prime minister does not have to declare it.

The company expressed an intention to start paying tax again in 2018 and it is possible that the row has erupted again because we have seen no evidence that this has happened.

What are we to make of this?

People are certainly asking hard questions on the social media:

Meanwhile, Mrs May has been spotted in an exclusive shop where a handbag can cost hundreds of thousands of pounds – a price she certainly can’t afford on her Parliamentary salary:

I would like to have some answers on this. Wouldn’t you?

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Where is the POLITICAL will to stop us all ‘Drowning in Plastic’?

The BBC broadcast a horrifying documentary yesterday on October 1, showing the extent to which waste plastic is clogging up our rivers and seas and the appalling harm being done to both plant and animal life as a result.

It represents a shocking dereliction of duty on the part of the organisations around the world that are charged with handling this material responsibly – and are ignoring that responsibility on a global scale.

I wrote a few words on Facebook and they seem to have enjoyed some popularity so I am reproducing them here:

I’m watching ‘Drowning in Plastic’, the BBC documentary about waste plastic killing wildlife in the world’s rivers and oceans. I think it’s supposed to be making me feel guilty but actually I’m angry.

We don’t get much choice about our use of plastic, or the other stuff that gets thrown into the water and forgotten. We have it foisted upon us in the packaging of the things we buy and, as a rule, we handle it in the manner that (we’re told) is responsible.

It is the people we have to trust to get rid of it responsibly who are letting everybody (and I mean everybody) down.

There needs to be some accountability here. From what I’m seeing, I’m unwillingly complicit in a crime of such enormity that my mind flinches away from considering it. And that is not acceptable.

I want to know who is responsible for this – and I notice that this information is missing from the film. I want to know what can be done to hold them to account – and if there’s no accountability at the moment, I want to know what can be done to BRING them to account. And I want to know how people like myself can participate in determining what the remedial action should be.

I bet nobody’s going to put it right in anything like a timely way unless people like us roll up our sleeves and get our hands dirty.

And I don’t mean by fishing this crap out of the water ourselves.

You’ll have spotted that I asked some questions that I considered pertinent: Who is responsible? What can be done to hold them to account? What can be done to bring them to account if there is no legal recourse now? And how can ordinary people participate in bringing justice to this matter?

A few people made suggestions on Facebook but I’m keen to see more. I spotted an infographic on Twitter that suggested ways we can make our opposition known – you can see it at the top of this article – but I don’t think it goes anything like far enough. I don’t think enough people will take the kind of mass, sustained action that would be necessary to make the uncaring corporates change their minds.

As one respondent stated: “Let’s all pretend it’s our personal responsibility while big corporations are raping the planet. Keep focussed on individuals that way people don’t look where the real problem lies. The idea that we can save the planet by not using plastic washing up brushes etc is naïve in the extreme.”

Another respondent voiced his suspicion: “I feel that a lot of the plastic waste floating around in the world’s oceans has come from unscrupulous shipping companies who have been contracted to transport our waste to other countries for processing and then just dump their cargo at sea, pretty much a bigger version of what some commercial vehicle owners do when offering to remove your rubbish for a fee.”

Another supported it: “Do the shipments arrive at their destinations?
Who checks they’ve got there?
With the “flagging out” of marine transportation who checks the shipping arrangements?
What if a large percentage of shipped recycling is actually just jettisoned en route and the ships then proceed somewhere else to pick up more?
How does anyone manage to find out anything more about this?”

They are good questions, especially as: “Inspectors for various things were one of the losses in the Tory’s ‘bonfire of the quangos’ that they managed to persuade everyone to applaud. We need a rebuilding of the quangos (but with a less tainted name).”

Many of you may consider this a useful solution: “I’ve started to send all my excess plastic packaging back to the customer services department of whichever supermarket it came from. Most of them have a freepost address, so you just package up all the surplus plastic and mail it to them at their expense.” But what will those corporations do with the waste?

One suggestion as a solution was, “We need a Plastics Act rather than just randomly targeting individual items.” I would agree, but I think it would need to be international rather than just operating in a single country.

Here’s another: “We need much more strict regulations from the top down, and this indeed means governments being accountable for their decisions on an environmental basis across the board. Including economic modelling to properly respect environmental concerns, the same for businesses, and right through society to farmers and consumers. In short creating a ‘fairer’ society to accommodate these interventions. The governments should be accountable to the UN and subject to harsh penalties (not piffling fines) in case of infringement. I think we should all engage with the clean up at this stage as far as possible, not because it’s the peoples’ fault per se but because it has gotten that bad. But ultimately the world’s governments need to be held to serious account for their treatment of the environment on so many levels.”

But who will impose such regulations and how will they be enforced? Should there perhaps be an independent, international organisation?

Perhaps it would be an easier argument to make if an alternative material were available? “Hemp is a really versatile material, clothes, paper, rope, soap, oil – what’s needed is a decision (and funding) taken nationally, so that manufacturers set up to make things in plastic are given compensation for refitting their factories. Major university departments study materials science, with government funding initiatives they could invent something surely.”

What about this issue? “Corporate courts are probably preventing us doing much towards polluters paying for remedial costs.”

We do recycle many plastics – or we think we do. Consider this: “All the recycling efforts we make – then strangely, recycling centres all over Britain keep going up in flames. At the end of August, from about 2 hours of google searching, I found 15 centres had caught on fire since April. That’s a lot of carcinogenic dioxins being released, – but what a convenient way of getting rid of it all, convenient for the contracters that is.” What is the story here? 

Make no mistake: This issue will magically go away if we don’t keep it on the public agenda – because governments and corporations can’t be bothered to deal with something that may reduce profits/harm the economy and don’t care if it kills a few animals and plants (they won’t accept the overarching threat to the ecosystem that the plastic poisoning of the planet represents).

So the question remains: What do you think should be done about it, and how do you propose to make it happen?

I await your contributions.

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It is time for a publicly-owned digital information and entertainment organisation

Man with a plan: Jeremy Corbyn proposed a public provider to challenge private corporations.

I wouldn’t mind being a part of a publicly-owned digital information and entertainment provider.

It ought to be the BBC but that organisation has been inundated with stooges for the Conservative Party and private business.

As for a publicly-owned Facebook… there are already other platforms, run by socially-minded people. Perhaps it would be better to nationalise one of these – as it would be established already?

Jeremy Corbyn has proposed establishing a British corporation that would commission online TV, offer easy access to archive material held by public sector institutions and operate a social networking arm that could play a role in direct democracy.

“The public realm doesn’t have to sit back and watch as a few mega tech corporations hoover up digital rights, assets and ultimately our money,” the Labour leader said.

He said the British media was failing and that multinational corporations dominated the internet.

Delivering the Alternative MacTaggart lecture at the Edinburgh television festival on Thursday, Corbyn said: “A BDC could use all of our best minds, the latest technology and our existing public assets not only to deliver information and entertainment to rival Netflix and Amazon but also to harness data for the public good.”

Source: Corbyn proposes ‘public Facebook’ as part of media overhaul | Politics | The Guardian

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Car manufacturers rebel against Tories over Brexit ‘unpreparedness’

A Mini in the early stages of production receives its final inspection before being painted [Image: Geoff Caddick/AFP/Getty Images].

The Tories were keen to show car firms’ keenness to stay in the UK as proof that they had faith in the UK, post-Brexit. Now that faith is fading away, due to Theresa May’s foolishness.

The Government faces a growing revolt from carmakers in Britain unhappy at the slow pace of clarity over post-Brexit customs arrangements crucial to their business model.

Sky News has been shown internal industry memos, circulating at the Frankfurt Motor Show, expressing exasperation at the state of preparedness for changes to customs – which could come in in March 2019 and for which immediate investment and staffing is required.

The industry has watched with trepidation as the Government has downgraded reassurances, especially as businesses perceive that it does not prioritise – and in some cases even understand – its “just-in-time” manufacturing methods and its pan-European “integrated supply chains”.

The industry is unimpressed with a proposal floating around Government that factories essentially enforce customs arrangements themselves, through a massive expansion of a current EU scheme for the accreditation of “authorised economic operators”.

There is also some tension over the Government repeatedly claiming investment decisions as endorsements of its Brexit strategy.

Source: Government faces Brexit revolt from unhappy carmakers over customs


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The ‘Repeal Bill’ will put profit over people in a double-whammy for the Tories

The Tories promised they would take back control after Brexit. They meant they would take it AWAY – from US [Image: PA].

If you were wondering why the Tories have quietly dropped their dodgy ‘Bill of Rights’, it’s because they don’t need it any more – they can achieve the same aims, with far less fuss, in their so-called ‘Repeal Bill’.

The Bill will be the most dishonest piece of legislation to go through Parliament in decades – starting with its title. It will repeal nothing. The stated aim is to enshrine European laws that the UK observes (without having passed them as our own) into UK law, to ensure a smoother transition when Brexit happens.

But this is not true. The Tories intend to pick and choose which EU laws get to go on the UK statute book – and the plan is to ensure that the people lose out to corporations on every line.

So the ‘Bill of Rights’ – which was intended primarily to remove rights that had been conferred on UK citizens by the EU – will no longer be necessary; the Tories will simply cut those rights out of the Repeal Bill and hide it from the public.

Similarly, the Tories won’t have to face public scrutiny over their plans to ensure that corporations can sue the UK government if any future administration tries to put the good of the citizens before private profit.

The so-called Investor-State Dispute Settlement (ISDS) system was a principle reason the US-EU Transatlantic Trade and Investment Partnership (TTIP) agreement foundered last year. Soon after, it was rumoured that the whole project may have been demanded by the UK government, with the intention of putting corporations in control.

Now, with our departure from the EU imminent, the Tories don’t need anybody else’s permission to impose the worst of all possible worlds on the people of the United Kingdom.

They are planning a new hierarchy, with working people at the bottom, enjoying no rights other than what their overprivileged toff masters hand down to them.

Next will be the apparatus of the state, as embodied in the elected government.

But the government will be a slave to the will of the corporations.

And who will be at the top of this system?

Why, shareholders in corporations, of course. And wouldn’t it be a strange coincidence if these boardrooms turned out to be stuffed with people who are currently Conservative government ministers?

Perhaps you should ask your Tory-voting neighbour why they support this kind of corruption.

Fundamental rights and powers that ordinary citizens currently enjoy will be scrapped.

This week we have discovered, for instance, that British citizens will no longer be able to sue the government for breaking the law.We will lose our rights, if the government gets its way, to sue for compensation in court when the government acts illegally and infringes our rights at work, or our right to a clean and healthy environment.

Currently, a European ruling means an individual can seek damages if the government has failed to properly implement the law. But the government says that no similar domestic law exists, so there will be no legal mechanism to get such redress in future.

There will be plenty more where this comes from. The Great Repeal Bill, after all, awards our government powers that no modern government has enjoyed in peacetime. And far from simply changing the words “European Union” into “United Kingdom”, ministers will gain the ability to make radical changes to fundamental human rights and environmental protections that simply don’t make sense when taken out of an EU context.

As if this weren’t bad enough, Trade Secretary Liam Fox is touring the planet looking for unsavoury regimes we can sign deregulatory trade deals with. And at the heart of those trade deals, in all likelihood, will be special “corporate courts” that allow foreign businesses the power to sue governments for regulations they judge to be “unfair”.

That’s right – as British citizens lose their ability to hold the government to account in court, foreign multinationals will gain rights to sue the government in secret arbitration panels for passing a regulation or standard that those corporations believe will damage their profits.

We know this because these “courts”, formally known as Investor State Dispute Settlement (ISDS), already exist in hundreds of investment deals in which countries all over the world have been secretly sued for such radical actions as putting cigarettes in plain packaging, placing a moratorium on fracking, removing toxic chemicals from petrol. No appeal is allowed. And we know that the British government has been one of the most vociferous in the world in putting the case for such courts.

Read more: The Government is using Brexit to take control away from citizens and give it to corporations


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Our Mayfly prime minister’s #Brexit speech should get her squashed like the bloodsucking bug she is

Theresa May’s speech on Tuesday will set out her approach to Brexit and be keenly watched by ministers across the EU. Some of them may bring popcorn [Image: Hannah McKay/PA].

Theresa May seems determined to make as many mistakes as she possibly can.

If she continues with this bid to be one of the shortest-lasting prime ministers in UK history, we’ll be calling her Theresa Mayfly. In fact, let’s start now.

The gist of today’s (January 16) Guardian story appears to be that she is threatening the EU with the possibility that the UK will take its trade to the US, under a new agreement.

What, like the now-defunct Transatlantic Trade and Investment Partnership (TTIP)?

That project would have been an agreement between the US and the EU to cut the cost of trade – but the price would have been high.

The quality of goods would have been cut to the lowest common denominator – a considerable fall for products made in the EU, including the UK.

Working conditions would have been devalued, meaning workers in the UK would have lost many of their valued working rights. Mrs Mayfly is already working hard to strip you of those rights in any case.

And – crucially – the agreement would have given multinational companies the right to take national governments to court if any legislation they passed was likely to interfere with their profits. This would have sealed privatisation into the National Health Service, to name one obvious example.

TTIP was stopped because an international protest was launched against it, in which ordinary people came together across national borders to stand up for their rights, for the high quality of their goods, and for corporations to be put in their place.

It seems Mrs Mayfly is threatening to take those things away from UK citizens, despite the obvious and demonstrable public feeling.

If so, then the EU nations will laugh at her – and encourage her to continue.

Her threat will not harm them, you see. It will harm ordinary British people – like you.

It will give American corporations the opportunity to asset-strip the UK for anything worthwhile and leave a worthless husk in its place.

And it will give the EU nations opportunities they would not otherwise have had, if the UK did not enter into such a devastating deal.

If Theresa Mayfly makes this threat – and tries to follow up on it – she’ll have to go.

Theresa May will aim to strike a defiant tone in her upcoming Brexit speech on the risks to the rest of the EU of giving Britain a raw deal, echoing the combative approach taken by the chancellor.

In a speech by the prime minister on Tuesday that will be watched closely in EU capitals, Downing Street is keen to impress that there are potentially lucrative economic opportunities elsewhere, weeks before the UK is expected to trigger article 50.

There has been no decision about whether to publish a document setting out May’s approach to Brexit negotiations or let the prime minister’s speech stand as the plan, as she promised to MPs.

May is likely to emphasise Britain’s enthusiasm for pressing ahead with negotiating trade deals with countries including the US.

Source: Theresa May’s speech to warn EU of risk of giving UK a raw Brexit deal | Politics | The Guardian

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Do not believe Theresa May’s claim about her religious beliefs. She worships corporate money, not God

Theresa May: She falsely claims to be a Christian but - by the terms of that faith - in fact worships the false god Mammon (money).

Theresa May: She falsely claims to be a Christian but – by the terms of that faith – in fact worships the false god Mammon (money).

It was horrifying to read UK prime minister Theresa May’s claim that she is guided by her belief in God. The only god she has is Mammon – the Biblical false deity associated with wealth.

You cannot serve God and money at the same time, according to the Bible (Matthew 6:24) – but whenever Theresa May’s announced policies clash with the wishes of the wealthy, she changes her mind.

Look at the way she changed her plan to cut childhood obesity after the food manufacturing giants leaned on her to strip away possible impediments to their profits.

Some might say her membership of the Church of England (along with many other Conservatives) is enough to prove her good character. I disagree: The Devil can quote scripture too, as William Shakespeare noted (in The Merchant of Venice. If you want a Biblical reference, try Matthew 4:1-11).

So, when she says she has sleepless nights over Brexit but is convinced her faith in God and moral sense of right and wrong will guide her, should we have faith in Theresa May?

No.

Because her God is money, and she will do whatever she can in the service of those who have it.

By her own actions, this daughter of a priest has scorned her religion, falsely claiming to keep the faith while her actions show that she worships a false deity. This is the sin of idolatry.

Those of sincere faith should encourage her to seek the help of the Church to atone for this sin, in accordance with the rules of the religion she claims to follow.

Until she achieves this, then members of the Church of England should certainly be encouraged to reject this woman, the political party she leads and the government of which she is the head.

Their faith demands it.

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