🇳🇴 Norway took its oil wealth and built the world’s largest sovereign wealth fund — investing in pensions, healthcare, and the future.
🇬🇧 Britain sold ours off in the 1980s, handed control to private corporations, and spent the revenues on short-term tax cuts.
🔴 Today, Norway has one of the highest standards of living in the world — while the UK is stuck managing decline.
🔵 Thatcher’s Conservative govt was responsible for handing over control of North Sea oil to private corporations, dismantling public ownership, and prioritising free-market policies over long-term public wealth.
Thatcher forfeited long-term public income from oil in favour of short-term privatisation proceeds and tax cuts.
🔴 Norway, by contrast, retained public control and built up the $1.6 trillion Norwegian Sovereign Wealth Fund from its oil wealth. The UK spent most of its oil revenues on general government spending during the 1980s, with little legacy investment.
Crazy idea I know, but how about a socially owned railway system offering integrated services on a reliable timetable at affordable fares? We could call it 'British Rail' or something like that.
Every Tory tabloid and broadsheet in Britain is trying to convince the average Tesco worker that it’s a bad thing that their employer, who makes billions per year, pays them properly instead of the state subsidising their low wage via universal credit.
Don’t buy the bullshit.
Before trying to act as an intermediary between Trump and the Labour Govt, shouldn't Farage try acting as intermediary between the people of Clacton and the Govt - sort of like an MP?
You know what’s getting really old? Having to have conversations with my 5 young children about radical leftist trying to kill their grandfather. No person should ever have to do this in America or anywhere else and yet I had to have that conversation five times again yesterday.
There should be a revolution if the Conservatives withdraw us from the ECHR, the idea that a bunch of fraudulent crooks can remove all our rights and change them to whatever they want because they got 44% of the vote 2 Prime Ministers ago, is unacceptable.
Yet more blatant lies from an interviewed Tory MP. Harper asked on the BBC if every single road in Wales that was 30mph is now 20mph?
His response, "yes, it is a blanket ban on 30mph".
Absolute rubbish and being pushed daily by Tory MPs in England and Wales.
#ToriesOut449
Man in orange, "If we started building HS2 from the north down to the south, we wouldn't be having this conversation (on cancelling parts of HS2), would we?"
Spot on! #BBCQT
Suella Braverman has so lost grip of Tory asylum chaos, she is targeting & scapegoating LGBT people. Deeply divisive, damaging political game playing - unworthy of her office. Instead of blaming people persecuted in places like Uganda for who they love, she shd sort chaos at home
Approx 1.8 million 🏴 residents have a driving licence
Almost 25% of them have apparently signed this petition
370,000 people live in Cardiff
Approx 100 turned up to protest
DO YOU SEE IT YET?
When I got wind of the Russell Brand accusations on Fri morning I predicted his defence would be that this is a MSM attack on a free thinker. No. What it is is a brilliant piece of investigative journalism into someone who many always suspected was an utter sleazeball.
Therese Coffey has banned the publishing of 5 of her own reports into the deaths/suicides of disabled people that she denied care to.
These are government reports paid for with taxpayer money.
We all deserve to know what they contain.