Prem Sikka

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.

[Prem Sikka @premnsikka]

Trump's invasion of Greenland.

US oil company preparing to sink wells despite not having permission from the local authorities.

Greenland may have $1tn of crude.

Trump seeking conflict and takeover. Will Europe capitulate?
https://t.co/H9k3XP5jrl

[Prem Sikka @premnsikka]

Household energy debt hits record £4.79bn.

Energy companies making record profits, pushing people into hardship.

Poor infrastructure. Solar farms turned off in heatwave due to lack of good electricity transmission and storage.

Govts allow looting.
https://t.co/Tued2P3bxE

[Prem Sikka @premnsikka]

Union calls for robust review of OBR over fears it holds back economic growth.

OBR obfuscates ministerial accountability.

Since 2010, it has presided over falling living stds.

Fiscal rules not accompanied by social objectives e.g. poverty reduction.
https://t.co/Rx7Ecv7bUS

[Prem Sikka @premnsikka]

Thames Water breached pensions regulations, didn't value pension scheme as required.

TW breaches laws/rules
Dumps raw sewage in rivers
Numerous criminal convictions
Breaches terms of its licence
Pays exec bonuses forbidden by law

Still allowed to trade.
https://t.co/9eEuQe6tV9

[Prem Sikka @premnsikka]

Trump govt offers grants of $500,000 to change UK politics.

Foreign money for right wing groups.

Disguised as “public education” it promotes MAGA propaganda on abortion, regulation, hate speech, climate change, diversity and more.

Is UK the 51st state?
https://t.co/atbCBDxEWB

[Prem Sikka @premnsikka]

Millions in England face longer waits for mental health care as NHS providers plan cuts.

Inadequate funding and staff cuts for a creaking service.

Due to poverty, insecurity, anxiety and stress 1 in 4 people experience a mental health problem each year.
https://t.co/nDJgcfcNVZ

[Prem Sikka @premnsikka]

Thames Water breached pensions regulations, didn't value pension scheme as required.

TW breaches laws/rules
Dumps raw sewage in rivers
Numerous criminal convictions
Breaches terms of its licence
Pays exec bonuses forbidden by law

Still allowed to trade.
https://t.co/9eEuQe6tV9

[Prem Sikka @premnsikka]

Trump govt offers grants of $500,000 to change UK politics.

Foreign money for right wing groups.

Disguised as “public education” it promotes MAGA propaganda on abortion, regulation, hate speech, climate change, diversity and more.

Is UK the 51st state?
https://t.co/atbCBDxEWB

[Prem Sikka @premnsikka]

Millions in England face longer waits for mental health care as NHS providers plan cuts.

Inadequate funding and staff cuts for a creaking service.

Due to poverty, insecurity, anxiety and stress 1 in 4 people experience a mental health problem each year.
https://t.co/nDJgcfcNVZ

[Prem Sikka @premnsikka]

Limited Liability Partnerships dodge £bns in employer national insurance (ENI).

Partners not treated as employees. No ENI paid.

£150,000 ENI dodged for every £1m profit shared by partners.

This Supreme Court case related to £55.3m.

Must end the dodge.
https://t.co/79XIwLqbKd

[Prem Sikka @premnsikka]

Trump administration to pay German firm $1.22bn to cut offshore wind leases and instead redirect funds towards fossil fuels.

Govts captured by oil/gas companies suffocate people and the planet to reward their paymasters.

Disaster politics.
https://t.co/a1HS8SioAY

[Prem Sikka @premnsikka]

Citi boss fires warning at UK govt over banking tax

Can't recall bankers opposing bailouts, subsidies, branch closures, profiteering, high exec pay, dividends.

Frauds buried: Lloyds Bank hasn't investigated HBOS frauds

Bank windfall tax can raise £19bn
https://t.co/mt5k2JcT7l

[Prem Sikka @premnsikka]

EasyJet agrees to £5.7bn takeover by US private equity firm.

What could go wrong?

It would be loaded with debt, likely to face staff/wage cuts.

Expect rise in stealth charges.
https://t.co/iP3YN2Q6Tb

[Prem Sikka @premnsikka]

Raleigh bike brand faces chop, Dutch owner enters insolvency.

Accell bought Raleigh in 2012. Bought by private equity KKR in 2022 for $1.8bn, loaded it with debt

Cut staffing/investment. Product recalls increased. Creditors suffered write-offs in 2025.
https://t.co/hVfmIbadnZ

[Prem Sikka @premnsikka]

All of England's rivers and lakes polluted with toxic chemicals.

Pollution from sewage and farm runoff. Half of rivers exceed safe levels.

Won't meet standards until 2060s

Result of indulging water and farming industry.

Polluters don't pay.
https://t.co/rOJPUQfmGh

[Prem Sikka @premnsikka]

Limited Liability Partnerships dodge £bns in employer national insurance (ENI).

Partners not treated as employees. No ENI paid.

£150,000 ENI dodged for every £1m profit shared by partners.

This Supreme Court case related to £55.3m.

Must end the dodge.
https://t.co/79XIwLqbKd

[Prem Sikka @premnsikka]

Trump administration to pay German firm $1.22bn to cut offshore wind leases and instead redirect funds towards fossil fuels.

Govts captured by oil/gas companies suffocate people and the planet to reward their paymasters.

Disaster politics.
https://t.co/a1HS8SioAY

[Prem Sikka @premnsikka]

Citi boss fires warning at UK govt over banking tax

Can't recall bankers opposing bailouts, subsidies, branch closures, profiteering, high exec pay, dividends.

Frauds buried: Lloyds Bank hasn't investigated HBOS frauds

Bank windfall tax can raise £19bn
https://t.co/mt5k2JcT7l

[Prem Sikka @premnsikka]

EasyJet agrees to £5.7bn takeover by US private equity firm.

What could go wrong?

It would be loaded with debt, likely to face staff/wage cuts.

Expect rise in stealth charges.
https://t.co/iP3YN2Q6Tb

[Prem Sikka @premnsikka]

Raleigh bike brand faces chop, Dutch owner enters insolvency.

Accell bought Raleigh in 2012. Bought by private equity KKR in 2022 for $1.8bn, loaded it with debt

Cut staffing/investment. Product recalls increased. Creditors suffered write-offs in 2025.
https://t.co/hVfmIbadnZ