Sean Miller

UK workers median gross wage is £30,432, £25,431 net.

FTSE 100 median CEO pay £4.58m. in some companies 1,112 times their worker pay.

What chance of workers fuelling economic recovery, buying a home, pension, decent living standard?

Join a union. Let workers vote on exec pay.

ALEX BRUMMER: Buyout grocers crushed by debt anvil Private equity deals left both grocers weighed down with a monstrous amount of debt and unable to compete with rivals.

Private equity curse

UK grocers Asda and Morrisons crushed by debt anvil.

Asset-stripping to pay for debt and PE profits.

Staff cuts, low investment, market share struggles.

PE has devoured high street, care homes, vets, healthcare.

Govts subsidize PE by giving tax relief on interest payments.

Any idea how I get this on catch up? I’m using Apple Podcasts. Suspect I’ll need the LBC app?

How Spain put up wealth taxes - without chasing away the billionaires Amid calls for Rachel Reeves to bring in a new levy for the super-rich, Madrid offers lessons for policymakers

How Spain put up wealth taxes - without chasing away the billionaires.

Yet the 'don't tax the rich' brigade constantly scare people.

Wealth tax isn't just about revenued. It reduces inequalities, capacity of the rich to bribe, pollute, hijack democracy, hold governments to ransom.

Oh wow, this feels a bit on the nose.

Sad to read.

Hopefully we can turn this tide as a society. 🤞

They’ve been in 1 year…

Statutory sick pay (SSP) from day one

Paternity and unpaid parental leave

‘Fire and rehire” practices banned,

Flexible working a default right

A “right to switch off” is in development .

Zero-hours contracts reform

More change will come. Be patient and keep pushing

The question is… who is bond?

I can only assume we’ll need someone with the following skills:
- sky diving
- motorcycle racing
- fast cameraman sailing

It’s has to be the Hard man of Brexit.

Baker, Steve Baker.

Not sure about this take.

Labour are doing some good things. Changes happens slowly.

Don’t forget who actually did the harm vs. Who is charged with trying to fix it.

Labour might not be perfect, but they’re not driving to Barnard Castle to test their eyes, or redecorating Downing Street!

I’m not sure the UK is a rich country.

I think some very rich people live here though.

A rich country is one that owns its services (housing, health, water, power, transport), supported by its population & works together to continually improve standards.

The UK sold everything and has no money.

Fantastic thread.

Needs calling out at a national level.

Opposition governments shouldn’t be allowed to deceive the public like this.

100% the biggest issue facing society.

Enforce identity verification, real photos (no avatars) and your real name is also on display.

Failure to comply sees platforms blacklisted as per Trump and TikTok.

Hit the platforms in the revenue streams.

Hit the racists with accountability.

Former Met Police Superintendent, Dal Babu #C4News

"We're missing the key issue: how do we regulate social media, who are responsible for spreading a lot of the hate crime, the misinformation, the far right accounts, that we saw in Southport"

There is some really good stuff happening beneath the rubbish in the papers and on twitter.

Needs to be shouted about more.

Apologises, my point wasn’t super clear. I was referring to Chris Philp. What else can he attack the previous government were just awful.

I do think Labour could be doing way more to clear this divisive subject up… but if/when they do they’ll then have to deal with the real problems!

This timeline cleanse is so welcome every morning 🙏

The biggest crime in the UK is fraud. I assume that’s what’s he’s talking about?

All the expats, tax dodgers, off shore accounts, shell companies, landlords, that have avoided paying their fair share or are taking funding that grey shouldn’t have.

Small boat migration represents just 4% of overall migration.

The whole issue is disproportionate and feels like a distraction from everything else that is broken - water, rail, roads, councils, education healthcare… I could go on.

If this was about how people got here we’d open legal ways.

The government will tax the middle class out of existence instead of trying to tax the vast wealth of the very rich.

Rachel Reeves needs to put up taxes to cover £40bn deficit, thinktank says NIESR suggests a rise of 5p in the pound on basic and higher rate of income tax would fill the budget gap

There is a £40bn tax hole and govt must hike taxes, say headlines.

None said that HMRC didn't collect £46.8bn last yr. 40% (£18.6bn) relates to corporations. £500bn since 2010.

NAO says wealthy are dodging taxes. Corporations shift profits to dodge taxes.

Why hit the little people?

Why is no one in the American media challenging him on this or at the very least asking him to explain how the tariffs work.

From the outside it looks like everyone knows that they’re being exploited and the wealthy are taking the spoils - yet they’re somehow passive about it all. 🤷‍♂️

Among other things: Christian, who has been in government for 14 out of the last 15 years, and how many of the major decisions they made did you support?

As a society we’re worrying about the wrong people in the wrong boats.

Why would the banking England cut inflation during a period of inflation?

When poor and middle class people can’t afford to live, you have to make borrowing cheap to ease the pain.

If you don’t do this then regular people feel the squeeze and our attention turns to those with all the money.

Here we go...

'Rachel Reeves needs to put up taxes to cover £40bn deficit... a rise of 5p in the pound on basic and higher rate of income tax would fill the budget gap'

www.theguardian.com/politics/202...

Selling off *our* assets.

Totally agree.

I think the government wants to avoid Hokey Cokey politics, with the opposite immediately offering to take the country back out of any agreements.

I suspect it will have to get so bad that no one in the UK will want to remain isolated, but that’s still some way off.

This man has been right about everything since I started following him during Covid.

I really hope he’s not right about this… but I suspect he might be.

Perhaps he should be replaced with someone that can deliver it if he can’t?

Yes. The fact there is no consequence for this actions and he now looks to assign blame elsewhere.

The statement is also words like the MET police had the misleading information.

This is unacceptable for anyone in public office.

Where is the consequence?