Tag: UK

  • The big banks join the profit bonanza

    In the continuing saga of big companies making excessive profits for doing nothing except increasing prices at a rate far beyond their cost base the the banks now join the party …. This latest interest rate increase comes after the big four UK banks – Lloyds, Barclays, Natwest and HSBC – announced staggering collective profits…

  • Unlocking the Potential of Not-for-Profit Companies – Addressing the Capital Challenge through State Support

    In the pursuit of a more equitable and compassionate society, the establishment of “not-for-profit companies” to provide essential services has gained traction as a transformative approach. These entities prioritize public welfare over profits, ensuring that healthcare, education, water supply, public transport, and energy distribution remain accessible and affordable to all citizens. However, the challenge of…

  • The largesse of British Gas and it’s near £1bn six month proffit

    I recently posted on Facebook about BG and it’s 900% increase in profits and received some pushback about why I thought it was unreasonable, here’s my reply – Firstly I do not blame BG for this in anyway, they are a private company with a sole aim of maximising returns for their shareholders, it is…

  • It’s time for a new look at energy in the UK.

    We’ve all seen that Centrica made a fortune over the last six months, who knows where that proffit really came from although the shareholder report gives a good idea and indicates some substantial foreign earnings BUT, British Gas part of Centrica and it’s UK subsidiary that supplies many of us also made just short of…

  • Unravelling the Funding Dilemma: Is the NHS Really Underfunded Compared to Worldwide Healthcare Spend?

    The National Health Service (NHS) in the United Kingdom is often at the centre of debates regarding its funding. Critics argue that the NHS is underfunded, leading to increased waiting times, staff shortages, and inadequate resources. take a look at the chart above from The Spectator is the NHS genuinely underfunded when compared to the…

  • The Dark Side of UK Banking: Causing More Pain than Good?

    The banking sector is a vital pillar of any economy, facilitating financial transactions and providing essential services to individuals and businesses. However, the UK banking industry has come under scrutiny in recent years due to its questionable practices, which have caused significant harm to the public and the overall economy. This article will shed light…

  • UK Employees of the state

    Given the state of the UK’s state owned and operated enterprises it’s surprising to see just how large the proportion of people employed by the state actually is. State-run enterprises in the UK have often been criticized for being badly run, despite having a large number of employees. This can be attributed to several factors,…

  • NHS & public sector pay in the UK

    Back in December 2022 I wrote a post about NHS and public sector pay saying that although it’s unacceptable someone working a full time job should rely on benefits or food banks to sustain themselves we should also look at the full package those in the private sector enjoy – Previous post Today an article…

  • NHS Pay – The Telegraph picks up the issue

    I posted a few weeks ago about the NHS pay dispute – article It seems The Telegraph, probably one of the most right wing UK papers is picking up the same thread Telegraph Article