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Prem Sikka
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Prem Sikka
@premnsikka
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
members.parliament.uk/member/4885/co…
Joined April 2014
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  • Prem Sikka reposted
    user avatar
    Prem Sikka
    @premnsikka
    22h
    Private Equity Is Taking Over Your Veterinarian. PE devouring town centers, housing, healthcare, dentistry, care homes, pet care. Business model: high debt, price hikes, staff/wage cuts, monopolies built, low investment, tax abuse. Regulatory silence.
    Image
    Private Equity Is Taking Over Your Veterinarian
    From jacobin.com
    9.6K09.6K
  • Prem Sikka reposted
    user avatar
    Prem Sikka
    @premnsikka
    22h
    England & Wales water firms lose 2.87bn litres a day, 20% of all water pumped through network. Hosepipe ban would save 577m(4%) litres a day. Violating hosepipe ban is a criminal offence, potential penalty of £1,000. No water execs fined or prosecuted.
    Image
    Water firms in England and Wales ‘leak five times what hosepipe ban would save’
    From theguardian.com
    23K023K
  • user avatar
    Prem Sikka
    @premnsikka
    20h
    England state nursery & primary school pupils to decline from 4,423,864 to 3,950,811 by 2031. State secondary school pupils to decline from 3,216,206 to 2,967,150 by 2031. Falling birth rate, low incomes, poor housing, poverty. Economic crisis awaits.
    explore-education-statistics.service.gov.uk
    Release home - National pupil projections
    Annual release providing national projections for the number of pupils in schools in England by type of school, age and whether full time or part time.
    4.7K04.7K
  • user avatar
    Prem Sikka
    @premnsikka
    22h
    PwC fined £3,248,437 for delivering dud audits at Babcock for the years 2019 and 2020. 3 years ago fined £5,625,000 for botching the same audit for 2017 and 2018. Big firms deliver dud audits. None shut down. Regulator now reducing audit inspections.
    frc.org.uk
    Sanctions against PricewaterhouseCoopers LLP and Mr John Waters
    Executive Counsel of the Financial Reporting Council (FRC) has issued a Final Settlement Decision Notice (FSDN) under the Audit Enforcement Procedure and imposed sanctions against PricewaterhouseCo...
    6.4K06.4K
  • user avatar
    Prem Sikka
    @premnsikka
    22h
    Private Equity Is Taking Over Your Veterinarian. PE devouring town centers, housing, healthcare, dentistry, care homes, pet care. Business model: high debt, price hikes, staff/wage cuts, monopolies built, low investment, tax abuse. Regulatory silence.
    Image
    Private Equity Is Taking Over Your Veterinarian
    From jacobin.com
    9.6K09.6K
  • user avatar
    Prem Sikka
    @premnsikka
    22h
    England & Wales water firms lose 2.87bn litres a day, 20% of all water pumped through network. Hosepipe ban would save 577m(4%) litres a day. Violating hosepipe ban is a criminal offence, potential penalty of £1,000. No water execs fined or prosecuted.
    Image
    Water firms in England and Wales ‘leak five times what hosepipe ban would save’
    From theguardian.com
    23K023K
  • Prem Sikka reposted
    user avatar
    Prem Sikka
    @premnsikka
    Jul 18
    State Pension age to rise to 68 for 5m Britons years earlier than expected. Many physically won't be able to work. Many won't live long enough to draw the state pension, one of the worst in developed countries. Rich can retire whenever they want.
    Image
    Millions to retire later under state pension age increase plans
    From independent.co.uk
    121K0121K
  • Prem Sikka reposted
    user avatar
    Prem Sikka
    @premnsikka
    Jul 18
    Wessex Water, owned by a Malaysian entity via Jersey, CEO got 14% base salary increase despite bonus ban over sewage spill. 3.5% for workers WW loses 70m litres of water to leaks daily. Dumps sewage in rivers. Customer bills to rise 21% Bosses rewarded.
    Image
    Wessex Water chief pockets above-inflation pay rise despite bonus ban over sewage spills
    From theguardian.com
    36K036K
  • Prem Sikka reposted
    user avatar
    Prem Sikka
    @premnsikka
    Jul 18
    We’ve lost the capacity to care, private equity (PE) cashing in. 81,770 looked-after children in England, up 18% since 2015 Foster carers down 10.4% since 2021. People not fostering - low incomes, poor housing. Fostering financialised. PE profiteering
    Image
    ‘We’ve lost the capacity to care and private equity is cashing in’ – LabourList
    From labourlist.org
    6.8K06.8K
  • Prem Sikka reposted
    user avatar
    Prem Sikka
    @premnsikka
    Jul 18
    Trump administration to grant $12m to groups founded by UK conservatives Jacob Rees-Mogg and Toby Young. All part of a right wing coup. Foreign money to spread Trumpism, subvert UK public choices. Puppets wrap themselves in the flag.
    Image
    Trump administration to grant $12m to groups founded by UK conservatives Jacob Rees-Mogg and Toby...
    From theguardian.com
    47K047K
  • Prem Sikka reposted
    user avatar
    Prem Sikka
    @premnsikka
    Jul 17
    Heat-related deaths are rising in the UK, likely to double this year. Could be tackled by laws specifying maximum temperature at workplace. Countries such as Spain and Belgium have such laws, give workers enforceable rights. What will the UK govt do? Watch the Minister's reply
    Image
    00:00
    13K013K
  • user avatar
    Prem Sikka
    @premnsikka
    Jul 18
    State Pension age to rise to 68 for 5m Britons years earlier than expected. Many physically won't be able to work. Many won't live long enough to draw the state pension, one of the worst in developed countries. Rich can retire whenever they want.
    Image
    Millions to retire later under state pension age increase plans
    From independent.co.uk
    121K0121K
  • user avatar
    Prem Sikka
    @premnsikka
    Jul 18
    Wessex Water, owned by a Malaysian entity via Jersey, CEO got 14% base salary increase despite bonus ban over sewage spill. 3.5% for workers WW loses 70m litres of water to leaks daily. Dumps sewage in rivers. Customer bills to rise 21% Bosses rewarded.
    Image
    Wessex Water chief pockets above-inflation pay rise despite bonus ban over sewage spills
    From theguardian.com
    36K036K
  • user avatar
    Prem Sikka
    @premnsikka
    Jul 18
    We’ve lost the capacity to care, private equity (PE) cashing in. 81,770 looked-after children in England, up 18% since 2015 Foster carers down 10.4% since 2021. People not fostering - low incomes, poor housing. Fostering financialised. PE profiteering
    Image
    ‘We’ve lost the capacity to care and private equity is cashing in’ – LabourList
    From labourlist.org
    6.8K06.8K
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