Feargal Sharkey brands '£100billion' cost of nationalising water 'nonsense'.
Spot on.
They inflate investment by capitalising part of interest, repair/maintenance cost.
Govt says Thames Water is worth £21bn. KKR wouldn't pay £4bn.
Nationalise water.
Prem Sikka
33K posts
Emeritus Professor of Accounting. If with all your effort and might you do not reach the mountain top that is not failure; failure is that you did not even try.
- UK Chancellor to Lower Taxes for Wealthy US Expats. Lower taxes for those who hold govts to ransom. Higher for the rest. Income tax personal allowance frozen since 2021, not risen in line with inflation. Basic rate tax payers paying £700 more this year.
- BT CEO collects £5.58m in pay and bonus, up from £2.48m. 4.1% increase for employees earning less than £30,000, 3% rise for the rest. BT profit boosted by inflation+ rises in customer bills, job cuts on the way. No govt checks fat-cattery.
- Prem Sikka repostedBelfast knife suspect won asylum in Britain under 'fast-track' scheme introduced by Tory UK govt. Then home secretary Suella Braverman & immigration minister Robert Jenrick – who have both since defected to Reform - oversaw the introduction of the scheme.
- Prem Sikka repostedRyanair investigated over charging parents to sit with children. Customers enticed with low headline fares, but could pay for Family seat Seat selection Airport check-in Checked bags Cabin bags Once proposed charging passengers to use onboard toilets.
- Prem Sikka reposted2 million children. 14% of all UK children. Growing up in food poverty in one of the richest countries on earth. This is not an accident. It’s a political choice. I look forward to the day a Government Minister resigns over this national disgrace. #RightToFoodCommissionMy letter to the Prime Minister
- Prem Sikka repostedSantander CEO attacks UK bank taxes. Can't recall banks refusing bailouts, attacking profiteering. In the last 3 years UK govt paid £100bn+ to banks as interest on central bank reserves, a policy that began in 2009. EU curtailed in 2023. UK ought to.
- Prem Sikka repostedThe wealthiest people’s investments are more harmful to the climate than their lifestyles. World’s richest 0.01% causing US$992bn climate damage each year. Same elites buy govts. Cost borne by others. Inequality kills. Tax wealth. Polluter must pay.
- Belfast knife suspect won asylum in Britain under 'fast-track' scheme introduced by Tory UK govt. Then home secretary Suella Braverman & immigration minister Robert Jenrick – who have both since defected to Reform - oversaw the introduction of the scheme.
- Prem Sikka repostedVulnerable families illegally ‘dumped’ hundreds of miles away in poorer parts of England by London councils. Social cleansing in our times. Families torn from communities. Recipient areas unable to provide jobs, schools, GPs, hospitals, public services.
- Prem Sikka repostedNike charges World Cup fans the most for replica shirts after price surge. Giant corporations profiteering, abusing customers. Shirts produced with cheap labour and full of advertisements sold at high prices. Fake shirt trade also flourishing.
- Prem Sikka reposted1.EXCLUSIVE: @BylineTimes exposes the Russian neo-Nazi network – promoted by Tommy Robinson – pushing 'White Lives Matter' propaganda to sow division and race war across the UK and Europe. Founded by a sanctioned oligarch close to Putin🧵
- Ryanair investigated over charging parents to sit with children. Customers enticed with low headline fares, but could pay for Family seat Seat selection Airport check-in Checked bags Cabin bags Once proposed charging passengers to use onboard toilets.






