Tag Archives: firm

At last some good news? UK quits climate treaty that penalises shift to Net Zero

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Elbit: UK awards Israeli arms firm new contract – despite Gaza genocide

Protest: Elbit is regularly targeted by protest group Palestine Action, that aims to shut down and disrupt multinational arms dealers, especially UK-based operations that provide weapons used in the Israel/Palestine conflict [Image: Palestine Action].

This is the reason the UK is being accused of complicity in the Gaza genocide; this country is giving your money to an arms manufacturer whose weapons are being used to carry it out:

The UK government has been accused of being “totally complicit” in the deaths of tens of thousands of people in Gaza after handing a fresh round of public cash to the British arm of Israeli arms manufacturer Elbit.

A Ministry of Defence contract dated 17 January represents the first time Britain has struck a deal with Elbit’s UK subsidiary since Israel laid siege to Gaza following the 7 October attacks by Hamas.

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Elbit reportedly supplies up to 85% of Israel’s drones and land-based military equipment, describing its Hermes 450 drones – which have been used by Israel for strikes on Hamas targets in Gaza in recent months – as “the backbone of the Israeli Defence Forces”.

Its latest contract, which is worth £25,000, was awarded four days after thousands marched through central London to call for a ceasefire in Gaza as part of a global day of action last month.

Source: Elbit: UK awards Israeli arms firm first contract since 7 October | openDemocracy


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Tory health minister promised to sell shares in health firm – but didn’t. Is this the reason?

Lord Markham: his word is about as much use as that of Rishi Sunak’s in-laws’ firm, Infosys, it seems.

This Writer has a certain amount of sympathy with Tory health minister Lord Markham.

He may have promised to sell his shares in private health screening firm Cignpost, that made a fortune from Covid testing, a year ago and failed to do so, but he’s not the first.

Prime Minister Rishi Sunak’s wife’s dad’s firm Infosys promised to stop operating in Russia after that country invaded Ukraine – but was still there, picking up contracts, eight months later (to my knowledge).

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If that firm – and the prime ministerial in-laws who run it – can ignore its promises, why can’t Markham?

After all, they’re all in it together – right?

A Tory health minister still owns a major stake in a private health screening firm making money from the crisis in the NHS a year after promising to sell it, the Mirror can reveal.

Lord Markham annouced last January that he was “undertaking to sell my stake” in Cignpost, a private Covid testing firm which made a fortune from the pandemic. But Company House records for Cignpost Investments Limited still show Markham owning between 25% and 50% of the business.

Cignpost has filed accounts showing that revenue soared by 467% to £278m in 2022, thanks to booming business helping firms comply with covid rules. The company has £52m cash in the bank and shareholder funds are up 150% from last year. Cignpost also offers mobile health screening, including heart health assessments and skin screening, which can be done in “your board room, staff car park or a third-party venue”.

Source: Tory health minister still hasn’t sold stake in Covid testing firm a year after promise – Mirror Online


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Would you take a Boycott, Divestment, Sanctions tour of your town to see who invests in genocidal Israel?

A lamppost sticker promoting boycott, divestment and sanctions.

Spotted on ‘X’ (formerly Twitter):

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What do you think? Is this a good idea?

Would you take a BDS tour to find out who in your locality supports Israel’s genocide of Gaza?


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Is this why the media have been so quiet about #Fujitsu’s involvement in the #PostOfficeScandal?

Fujitsu, the company that built and sold the faulty Horizon software to Post Office Limited and thereby set up hundreds of sub-postmasters to have their lives ruined, seems to have got off surprisingly lightly since ITV’s drama about the scandal.

Few commentators, apart from those of us in the social media, seem keen for the company to foot the bill for its failure to deliver adequate software that met the requirements defined by Post Office Limited.

Maybe it did meet those requirements and we’re being hoodwinked. That’s a possibility This Writer would like to see explored – it can’t be that difficult for either company to produce the requisite documentation, can it?

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For the moment, let’s consider other possible reasons Fujitsu may be kept out of the spotlight.

Principle among these must be the firm’s working relationship with Infosys, the corporation owned by Rishi Sunak’s father-in-law, in which his wife has shares.

Is it really a coincidence that the following has happened?

In the December 2019 ruling, the High Court of Justice Queen’s Bench Division Rolls Building ruled in the case of Bates and Ors vs Post Office Limited that the original Horizon system used by the Post Office had not been sufficiently robust and had suffered from a number of bugs and errors.

Some of us might have considered that to be a red flag, suggesting that Fujitsu should not be given any more high-cost government contracts.

But if you think about the top two sentences in the next post, you can probably think of a reason for what’s described in the third:

Finally, and very important to all of the above:

Draw your own conclusions from the information you see above.


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What happened to the £350k taken by Sunak’s wife’s now-liquidated firm?

Akshata Murty and her husband, UK prime minister Rishi Sunak: her firm took money from his government and then went into liquidation. Will she tell us what she has done with our cash?

Take a look at this:

A company owned by the prime minister’s wife Akshata Murty, which received almost £350,000 of UK grant money, is now being mysteriously wound up, it has been revealed.

Murty’s investment company, Catamaran Ventures, is being liquidated, it was announced on the London Gazette, the official public record, published on December 28.

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The move has raised a number of questions, with Carol Vorderman posting on X: “NEWS

Has non-dom, tax avoiding, Mrs @RishiSunak, Akshata Murthy, just rung up a home removals firm? #SunakHomeRemovals

“She applied to wind up her controversial company Catamaran Ventures on Dec 21st – 2 wks ago. I will post later about the many times the fund benefited from the public purse.”

Ms Murty’s company made headlines in May last year, when it was revealed by the Sunday Times that it held shares in Study Hall, an education start-up which had received almost £350,000 of UK grant money.

It was also reported in September that Catamaran Ventures UK was being wound down. A number of the startups that the fund backed received cash injections through taxpayer-backed schemes, including the upmarket furniture firm, New Craftsmen, which collapsed into liquidation in November 2022 after receiving £300,000 in taxpayer-funded loans.

So this firm, owned by Rishi Sunak’s wife, took £350,000 of government money and then went bust?

What happened to the cash? If there’s money invested in Study Hall, and that hasn’t gone under, then wasn’t there a possible return to come from that? Otherwise, why invest in it at all? To whom would that money return if Catamaran doesn’t exist any more?

If firms are given money by the government, aren’t they expected to tell the government what they have done with it and how it is fulfilling the purpose for which it is given? How is that happening?

This is not a simple case of a firm running out of money and going into liquidation. The money it has squandered – if it has – is public money, for which Ms Murty must account. Personally, This Writer would like the Treasury to have that money back, if it hasn’t been used as intended.

Am I right?

Source: Company owned by Sunak’s wife that received £350k in grant money gets liquidated – Left Foot Forward: Leading the UK’s progressive debate


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The human cost of high energy bills? Nearly 5,000 have died in damp, cold homes

Nearly 5,000 more people died in 2022-23 because their homes were damp and cold. That was the winter when energy bills skyrocketed.

While the energy firms made billions of pounds in profit, Rishi Sunak’s Tory government claimed to be doing all it could to ensure that ordinary people would not freeze.

It seems whatever Sunak did, it was not enough.

Here’s the Morning Star, which had the earliest report I’ve found so far:

Almost 5,000 people in Britain died last year as a result of living in cold and damp homes, an analysis of official data revealed today.

The figures, compiled by the End Fuel Poverty Coalition… calculated that of the 21,890 excess winter deaths in 2022-23, 21.5 per cent were caused by living in cold homes.

It comes as a report card by the Warm This Winter campaign on the government’s progress against its eight key measures to tackle the energy bills crisis, including providing financial support for those most in need, has revealed that on half of these, ministers are making no progress.

The report card found that on one measure, the government has taken backwards steps that will deepen the country’s reliance on expensive fossil fuels by failing to reduce Britain’s gas exports.

We all knew that we couldn’t rely on the Tories to protect vulnerable people against rampant corporate profiteering, and this is exemplary of what happens when they are asked to try.

Tories are rabid social Darwinists anyway; they probably think the deaths of your relatives and friends are a good thing for the country. But:

Every time you hear about energy firms’ profits, remember they are built on the deaths of 5,000 people.

Source: Nearly 5,000 people in Britain died last year due to damp and cold homes, analysis finds | Morning Star


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Sewage dumping continues – does it happen near water SHAREHOLDERS’ homes?

Your nearest beach, yesterday: or at least, it might as well be.

Don’t pay attention to the political message if you don’t want to; the factual message is big enough:

The trouble is, we are getting excrement in our waterways and it is harming our environment and making people ill:

Meanwhile, look at the benefits reaped by shareholders who aren’t paying for the materials to clean our water and are instead just flushing it into our rivers:

It seems to This Writer that one way of ensuring the water firms didn’t abuse their government-backed ability to pump crap at us whenever they felt like it would have been simple: make it a legal requirement for them to pump sewage into shareholders’ and executives’ neighbourhoods before anywhere else.

It’s very easy to green-light flooding a place with disease-ridden goop when it isn’t the place where you live. I wonder whether water bosses would be quite so enthusiastic if they had to face irate neighbours to justify incidents like this…

… or this:

It’s a measure that never seems to occur to our Tory legislators, who are quite happy for the outflows to release their loads into other people’s back yards.

And what can you do about it?

Well, maybe you don’t like the Green Party, whose campaign image appears above – but you don’t have to put up with the crap dished out at you by the other two parties mentioned in that image. Find somebody who won’t fill your life with unnecessary excrement and support them instead.


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Outrage as banks announce huge profits

The Bank of England: it raised interest rates, supposedly to combat inflation – and now the banks have made a fortune in profits and inflation hasn’t fallen significantly.

After the energy firms, the banks.

Interesting how it goes, isn’t it?

The energy firms put up their prices for no very good reason (remember: the actual cost of gas and electricity is much, much lower than the amount you’re paying for it. The corporations say they keep the price up to smooth out any sudden shocks as the price comes down but they never refund the extra amount that you pay after the final costs are known).

This causes inflation.

The Bank of England then acts to reduce inflation – by increasing interest rates.

This creates a huge profit for the banks.

This profit is also never refunded.

Inflation has remained high.

Cue outrage:

Logically the answer is a windfall tax and curbs on profiteering and executive pay.

I wonder if Rishi Sunak’s new Business Council will recommend that to him?

Who’s on it, again?

SSE, Shell – they’re energy companies; Barclays is a bank…

That’ll be a “no”, then.


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The big Tory lie: new North Sea gas and oil might not even come back to the UK

Grant Shapps: he likes to spout a lot of nonsense from his base in Welwyn Hatfield (this image is from a BBC interview in 2020) but he’s not so smooth when faced with an interviewer who has checked the facts before talking to him.

The 100 new contracts granted by Rishi Sunak for energy companies to drill for gas and oil in the North Sea do not mean those fossil fuels will be used in the UK, as he falsely claimed.

The drilling will be done by commercial firms who will then sell the fossil fuels they find on the international market. Some of it may come back to the UK but most of it probably won’t.

Here are the facts, presented by Sky’s Jayne Secker to a spluttering Grant Shapps:

Notice how he tried to change the subject when the facts were presented to him?

Oh, these substances have to go to the UK because they are processed here. But that doesn’t mean they are used here.

Oh, but not all of them are used for fuel. Some are turned into plastics. But plastic pollution is harming the planet as badly as global warming.

Oh, but some of it is used for medical devices within the NHS. But that’s a tiny amount that would not justify the granting of any more drilling licences.

It seems ever-more-clear that the new licences are more likely to be a way for Sunak to corruptly reward companies like BP for signing contracts with his father-in-law’s firm Infosys than to improve the UK’s energy security.

If Sunak and/or his government wish to deny this, then there is a simple way to clear the air:

Let’s have an independent public inquiry into the awarding of these contracts: what they are intended to do; the way they have been presented to the public; what the actual consequences are likely to be – and who benefits?


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