Tessera

Windfall tax on colossal bank profits could raise £19bn in 2026. Result of profiteering and govt policies. Sufficient to increase frozen personal income tax allowance by nearly £2,000. Banks paid out £25bn in bonuses in the year to March, can easily pay more tax.

Windfall tax on colossal bank profits could raise £19bn in 2026

Burnham urged to resist lobbyists and tax banks to pay for his cost of living measures

positivemoney.org

Business Rate avoidance is rarely reported in MSM. Here is one scheme declared unlawful by the Courts. Its promoters claim it resulted in loss of £500m revenue to local councils. It involves shuffling boxes with redundant contents in unoccupied properties. The enablers face no penalties.

City of London wins appeal over business rates scheme that costs it £35m a year in lost revenue

localgovernmentlawyer.co.uk

BP quarterly profits up from $2.5bn to $5.73bn as Iran war sends oil prices soaring. Shell doubled its net profit to almost $10bn. High bills fuelling poverty and misery for households and businesses. Boon for execs and shareholders. Must levy 100% windfall tax on oil, gas, energy companies.

BP profits more than double as Iran war sends oil prices soaring

Energy company’s $5.73bn quarterly profits come after Shell posted second highest quarterly earnings on record

theguardian.com

Private equity firms made up 50% of the largest US corporate bankruptcies with $1bn+ in liabilities Jobs, communities destroyed for short term profit PE has devoured UK high street; controls vets, supermarkets, care homes, pubs, housing, restaurants. Shadow banking wreaks havoc, govts do nothing.

Private equity continues disproportionate role in 2026 bankruptcies

Since 2024, PESP has tracked and analyzed corporate bankruptcies, identifying the disproportionate role that private equity-owned firms have played in bankruptcy filings. This trend continued in the…

pestakeholder.org

Approval of east London datacentre labelled ‘slap in the face’ for local democracy. Datacentre prioritised over building affordable homes. Little attention to environmental issues. Govt overturning local council refusal is not devolution or democracy. Big business always wins.

Approval of east London datacentre labelled ‘slap in the face’ for local democracy

Campaigners decry Angela Rayner’s backing for Brick Lane project that has only 11 affordable homes

theguardian.com

Windfall tax on colossal bank profits could raise £19bn in 2026. Result of profiteering and govt policies. Sufficient to increase frozen personal income tax allowance by nearly £2,000. Banks paid out £25bn in bonuses in the year to March, can easily pay more tax.

Windfall tax on colossal bank profits could raise £19bn in 2026

Burnham urged to resist lobbyists and tax banks to pay for his cost of living measures

positivemoney.org

Former neo-Nazi activist selected as Tory candidate for Somerset council election. Convictions for assaulting police officer, burglary of a police station, malicious communications, anti-semitism, racially aggravated harassment, harrasing MPs. Tories chasing Reform vote.

Former neo-Nazi activist selected as Tory candidate for Somerset council election

Joshua Bonehill-Paine, creator of satirical Crewkerne Gazette, has convictions including for harassing a Jewish MP

theguardian.com

BP quarterly profits up from $2.5bn to $5.73bn as Iran war sends oil prices soaring. Shell doubled its net profit to almost $10bn. High bills fuelling poverty and misery for households and businesses. Boon for execs and shareholders. Must levy 100% windfall tax on oil, gas, energy companies.

BP profits more than double as Iran war sends oil prices soaring

Energy company’s $5.73bn quarterly profits come after Shell posted second highest quarterly earnings on record

theguardian.com

Business Rate avoidance is rarely reported in MSM. Here is one scheme declared unlawful by the Courts. Its promoters claim it resulted in loss of £500m revenue to local councils. It involves shuffling boxes with redundant contents in unoccupied properties. The enablers face no penalties.

City of London wins appeal over business rates scheme that costs it £35m a year in lost revenue

localgovernmentlawyer.co.uk

Private equity firms made up 50% of the largest US corporate bankruptcies with $1bn+ in liabilities Jobs, communities destroyed for short term profit PE has devoured UK high street; controls vets, supermarkets, care homes, pubs, housing, restaurants. Shadow banking wreaks havoc, govts do nothing.

Private equity continues disproportionate role in 2026 bankruptcies

Since 2024, PESP has tracked and analyzed corporate bankruptcies, identifying the disproportionate role that private equity-owned firms have played in bankruptcy filings. This trend continued in the…

pestakeholder.org

Approval of east London datacentre labelled ‘slap in the face’ for local democracy. Datacentre prioritised over building affordable homes. Little attention to environmental issues. Govt overturning local council refusal is not devolution or democracy. Big business always wins.

Approval of east London datacentre labelled ‘slap in the face’ for local democracy

Campaigners decry Angela Rayner’s backing for Brick Lane project that has only 11 affordable homes

theguardian.com

Former neo-Nazi activist selected as Tory candidate for Somerset council election. Convictions for assaulting police officer, burglary of a police station, malicious communications, anti-semitism, racially aggravated harassment, harrasing MPs. Tories chasing Reform vote.

Former neo-Nazi activist selected as Tory candidate for Somerset council election

Joshua Bonehill-Paine, creator of satirical Crewkerne Gazette, has convictions including for harassing a Jewish MP

theguardian.com

AstraZeneca in talks with Bristol Myers Squibb on $400bn (£300bn) merger. Concentration of economic power. Bigger ability to hold people/govts to ransom. AstraZeneca CEO already threatened to withhold drugs from NHS unless it paid more. Govt capitulated. Promised UK investment didn't materialise.

AstraZeneca holds talks with Bristol Myers Squibb on $400bn merger

Tie-up would be one of the biggest-ever pharmaceutical deals and create the world’s fourth-largest drugmaker

theguardian.com

Curse of Private Equity Our nurseries were bought by private equity firms – fees are up, food is frozen. Usual PE practices. Build local monopolies, high debt and prices, profiteering, worst services, high exec pay, shareholder returns. Parents/Children abused. Govts do nothing. archive.ph/Yk4Eh

Our nurseries were bought by private equity firms - fees are up and food is frozen

Nurseries are spending millions on their investors – at parents' expense, analysis shows

inews.co.uk

Stick to spending limits, PM and chancellor tell ministers in joint memo. Cue for real cuts; continuation of potholed roads, housing crisis, NHS queues, unfit schools, privatisations? Real change not possible whilst neoliberalism remains the opium of the political class.

John Healey and Andy Burnham urge ministers to stick to spending limits in joint Budget memo

The Chancellor said the Budget on 28 October would “meet our fiscal rules” and give families "stability" to plan for the future.

bbc.co.uk

Healey profiteering warning on food/uel risks row with retailers. Profiteering everywhere: Water, energy, oil, gas, rents, banks, airports, NHS drugs ... Private ownership of essentials leaves govt fewer economic levers. Regulators required to promote growth of their sectors, don't protect people

Healey’s profiteering warning on food and fuel risks row with retailers

Chancellor says the government wants to prevent shoppers being ‘taken for a ride’ at the pump or till

theguardian.com

AstraZeneca in talks with Bristol Myers Squibb on $400bn (£300bn) merger. Concentration of economic power. Bigger ability to hold people/govts to ransom. AstraZeneca CEO already threatened to withhold drugs from NHS unless it paid more. Govt capitulated. Promised UK investment didn't materialise.

AstraZeneca holds talks with Bristol Myers Squibb on $400bn merger

Tie-up would be one of the biggest-ever pharmaceutical deals and create the world’s fourth-largest drugmaker

theguardian.com

Curse of Private Equity Our nurseries were bought by private equity firms – fees are up, food is frozen. Usual PE practices. Build local monopolies, high debt and prices, profiteering, worst services, high exec pay, shareholder returns. Parents/Children abused. Govts do nothing. archive.ph/Yk4Eh

Our nurseries were bought by private equity firms - fees are up and food is frozen

Nurseries are spending millions on their investors – at parents' expense, analysis shows

inews.co.uk

Stick to spending limits, PM and chancellor tell ministers in joint memo. Cue for real cuts; continuation of potholed roads, housing crisis, NHS queues, unfit schools, privatisations? Real change not possible whilst neoliberalism remains the opium of the political class.

John Healey and Andy Burnham urge ministers to stick to spending limits in joint Budget memo

The Chancellor said the Budget on 28 October would “meet our fiscal rules” and give families "stability" to plan for the future.

bbc.co.uk

Healey profiteering warning on food/uel risks row with retailers. Profiteering everywhere: Water, energy, oil, gas, rents, banks, airports, NHS drugs ... Private ownership of essentials leaves govt fewer economic levers. Regulators required to promote growth of their sectors, don't protect people

Healey’s profiteering warning on food and fuel risks row with retailers

Chancellor says the government wants to prevent shoppers being ‘taken for a ride’ at the pump or till

theguardian.com

The tangled financial web at the heart of Reform UK. Funded by foreign billionaires and convicted fraudsters. Unexplained gifts, donations and loans routed through opaque structures. What was promised in return? Police and parliamentary inquiries.

The tangled financial web at the heart of Reform UK

Nigel Farage’s £5m gift, the Cottrell family’s links and donations, and Richard Tice’s business dealings form part of an increasingly clear nexus of relationships

theguardian.com

Worst we’ve known’: UK turns to imports as drought and heat hit vegetable crops. Food insecurity and higher prices would follow. Poor hit the hardest. Despite warnings, no plan for water shortages. Need reservoirs, water storage, better water management. Companies can't do national planning.

‘Worst we’ve known’: UK turns to imports as drought and heat hit vegetable crops

Growers in dismay after scorching weather and lack of rain affect yields, sending wholesale prices rocketing

theguardian.com

Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PM. Issues: Corporate debt would be transferred to co-ops. Co-ops would borrow for investment at commercial rates, not govt rates. High debt and debt servicing cost, higher bills. Need public ownership.

Turn failing water firms into not-for-profit cooperatives, MPs and mayors tell PM

Labour politicians say mutualised model puts public in control without adding debt to government’s balance sheet

theguardian.com

Crumbling infrastructure & lack of water jeopardising govt plans for new homes. Privatisation of England's water prioritised shareholder returns. No new reservoirs, desalination plants, or national grid of water. Companies don't do national planning. Yet govts intoxicated with privatisation

‘We cannot magic up more water’: the supply problems putting housing targets in England at risk

Council leaders say crumbling infrastructure and lack of water are jeopardising government’s plans for new homes

theguardian.com

The tangled financial web at the heart of Reform UK. Funded by foreign billionaires and convicted fraudsters. Unexplained gifts, donations and loans routed through opaque structures. What was promised in return? Police and parliamentary inquiries.

The tangled financial web at the heart of Reform UK

Nigel Farage’s £5m gift, the Cottrell family’s links and donations, and Richard Tice’s business dealings form part of an increasingly clear nexus of relationships

theguardian.com