🇳🇴 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.
I know some of my American, Australian, Canadian friends have been asking for the full Louis Theroux documentary on the settlers.
I've shared it before, but here it is again.
https://t.co/HKN8IFk0No
Energy firms CANNOT bill you for energy used over 12mths ago. Yet many do. My evidence to Commons Energy Committee on this including how the rules should be changed.
Please share so people know their rights.
The Labour Party was not the 'party of work'. It was created by workers to provide improved rights, wages and conditions & for the protection for workers who became ill, old or disabled. This is an utter travesty of the truth. And what we have come to expect from this man.
He's doing it, the absolute mad lad, he's retconning 'Labour' to mean work instead of workers. Incredible stuff. Will the press let him get away with it? Absolutely. Will they enthusiastically join in, even? Also absolutely
I just learned about Maria Lorena Ramirez, a native woman who won a 50 mile and 500 person ultramarathon in handmade sandals. Nike the shoe company tried to give her shoes and she said "the people who wear them are always behind me" and won the marathon in her own sandals instead
Seems like a good time to point out that the official fraud rate for PIP (the disability benefit) in 2024 was ZERO!!
PIP has the lowest fraud rate of any benefit.
So... why are Labour trying to push more disabled people off PIP???!!!
When the show 'Benefits Street' was produced, a poll showed that the public thought 41% of the welfare budget went to people who were unemployed; the real figure was 2.3%.
Politicians and journalists don't just respond to public opinion — they actively shape it.
Genuinely think society will collapse in Britain in my lifetime.
We're halfway through our second decade of public sector cuts with every single essential cost of living skyrocketing, while corporations post record profits and pay near-historically low tax rates.
Franklin's story illustrates a disturbing pattern in science:
• Women's contributions being minimized
• Credit taken by male colleagues
• Critical discoveries going unrecognized
Even Watson's 1968 book "The Double Helix" portrayed her dismissively.
70 years ago, a woman discovered the structure of DNA.
But 2 Cambridge men stole her work and won the Nobel Prize.
She was erased from history and died of cancer.
Here’s how the biggest theft in science buried Rosalind Franklin’s name in history… 🧵u
There's an irony to tech people being the loudest exponents of shit like this. 100 years ago, it was widely hoped technology would liberate us from work and that the future would be a leisure society. In reality, it's our tech overlords who most want us to be worked to the bone.
I'm going out on a limb here and predicting that the proposals from BlackRock, Goldman Sachs, JP Morgan, and Schroders for how to grow Britain's economy will mostly benefit the shareholders of BlackRock, Goldman Sachs, JP Morgan, and Schroders.