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Welcome to Corporate Watch . The purpose of these pages is to alert the public to the growing power of the corporations. They finance political parties and buy out governments to advance their narrow economic interests. Corporations are not accountable to the general public and operate outside democratic politics. These pages will provide some food for thought and encourage citizens to take action to bring corporations within the domain of democratic politics.

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June 2018

Bank of Credit and Commerce International (BCCI) Scandal: UK Government Forced to Publish the Sandstorm Report
The Pin-stripe Mafia: How Accountancy Firms Destroy Societies (Free download)
New Book - Fighting Corporate Abuse : Beyond Predatory Capitalism
Banks close 2900 branches in three years, says Which? (15 Jun 2018)
Almost 60 bank branches disappearing a month "alarming" figures show (15 Jun 2018)
Bank branches closing at an alarming rate with 60 shutting a month, warns Which? (15 Jun 2018)
Regulation: Bring in new body to punish errant directors says top investor group (15 Jun 2018)
The Investment Association calls for a new body to hold Directors to account (15 Jun 2018)
20% or more of sharehodlers have voted agaiant a director re-election resoltuin at 28 companies (15 Jun 2018)
MPs to Lloyds Banking Group: 'We will publish report on HBOS Reading fraud'
(15 Jun 2018)
Green sparks legal battle with FRC over BHS audit verdict
(15 Jun 2018)
Wall Street Bankers Pile Leverage Onto Riskiest US Buyouts (15 Jun 2018)
No date set for betting machine stakes cut, government admits
(15 Jun 2018)
Equitable Life is sold for £1.8bn
(15 Jun 2018)
The rise of the global mega-firms - why the IMF is worried
(15 Jun 2018)
Universal Credit not value for money, says watchdog (15 Jun 2018)
Bank of England's senior staff diversity goes into reverse (15 Jun 2018)
Bank of England warns over 0% credit card offers (15 Jun 2018)
Cristiano Ronaldo 'to accept jail term and £16.4m fine' in tax case (15 Jun 2018)
UK Supreme Court rejects appeal from Pimlico Plumbers in landmark ruling (14 Jun 2018)
FCA: MPs threaten to publish internal Lloyds report into HBOS Reading fraud
(14 Jun 2018)
HBOS: British MPs threaten publication of report on fraud at Lloyds unit (14 Jun 2018)
Simply Be and Jacamo owner N Brown mulls closing all stores (14 Jun 2018)
RBS chairman hints bank is closing branches to shed SME customers
(14 Jun 2018)
Fall in UK rail passenger numbers casts doubt on viability of franchises (14 Jun 2018)
John McDonnell tells bankers: 'We'll bring you into Government with us' (14 Jun 2018)
Theresa May woos bankers with UK visa changes (14 Jun 2018)
Bank of England's senior staff diversity goes into reverse (14 Jun 2018)
New York sues Trump Foundation, alleging 'extensive' lawbreaking (14 Jun 2018)
New economics research shows why Donald Trump's corporate tax cut won't boost paychecks
(14 Jun 2018)
ECB calls halt to quantitative easing, despite 'soft' euro (14 Jun 2018)
Countries 'must stop tax avoidance to tackle gender inequality' (14 Jun 2018)
Chinese Insurance Regulator Pleads Guilty to Bribery Charges (14 Jun 2018)
Australia's bank chief warns low wages growth will hurt economy (14 Jun 2018)
Gig economy: heating engineer wins claim against Pimlico Plumbers (13 Jun 2018)
VW fined €1bn by German prosecutors over diesel scandal (13 Jun 2018)
WPP chairman defends handling of Sir Martin Sorrell's departure (13 Jun 2018)
Fat cats: Sir Martin Sorrell 'to get £19m in bonuses' after leaving WPP (13 Jun 2018)
MPs call for scrutiny of PwC auditing of Philip Green's retail empire (13 Jun 2018)
Abolish 'alpha-male' culture to encourage progression of women in finance (13 Jun 2018)
Rip-off: 'Bill shock' warning on 118 calls prompts regulator to act (13 Jun 2018)
UK Prosecutions for white collar crime continue to fall (13 Jun 2018)
The Financial Conduct Authority (FCA) and Serious Fraud Office’s (SFO) tactics have been called into question following a drop in white-collar crime prosecutions (13 Ju 2018)
Poundworld: What went wrong (Part I) (13 Jun 2018)
Brexit: parts of UK manufacturing 'at risk of extinction', CBI says (13 Jun 2018)
Foreign banks push US Federal Reserve to relax capital rules (13 Jun 2018)
Tories' proposals are (unsurprisingly) toothless against fat-cattery (12 Jun 2018)
UK wage growth slows unexpectedly in April (12 Jun 2018)
Five things we learned from Arron Banks' questioning by MPs (12 Jun 2018)
New Look fashion chain slumps to massive annual loss (12 Jun 2018)
Pounded: Poundworld collapse raises fears of worst year for retail. (12 Jun 2018)
PwC fined millions over BHS audit (12 Jun 2018)
Amazon Just Killed a Tax That Helps Homeless People (12 Jun 2018)
UK's biggest firms will have to justify pay gap between bosses and their workers (11 Jun 2018)
Why forcing companies to justify pay gap between bosses and staff matters (11 Jun 2018)
Poundworld falls into administration, putting 5000 jobs at risk (11 Jun 2018)
Arron Banks 'met with Russian officials multiple times before Brexit vote' (11 Jun 2018)
Other countries tackle claims of arms trade corruption. Why not the UK? (11 Jun 2018)
Corporate governance: Theresa May misses a trick after U-turn over workers on boards (11 Jun 2018)
Devon 'log bank' set up to help those struggling with fuel poverty (11 Jun 2018)
Ofgem could save consumers a total of £9.1bn by cutting excess profit
(11 Jun 2018)
Fall in fraud prosecutions linked to police and CPS cuts (11 Jun 2018)
Labour denies toning down water industry nationalisation plans (11 Jun 2018)
Corruption is a growth industry; it needs countervailing forces (11 Jun 2018)
House of Fraser's survival bid creates anger and fear (11 Jun 2018)
Ryanair's UK cabin crew to be represented by union for first time (11 Jun 2018)
Tax evasion deprives the EU of 20% of corporate taxes (11 Jun 2018)
U.S. Companies Shelter 40 Percent Of Foreign Profits, Study Finds (11 Jun 2018)
Other countries tackle claims of arms trade corruption. Why not the UK? (11 Jun 2018)
Corporations continue profit-shifting to tax havens even with lower tax rates
(11 Jun 2018)
FDI: Germany and France close gap on UK for foreign investment (11 Jun 2018)
FDI: multinational firms have invested $12 trillion globally in empty corporate shells (11 Jun 2018)
FDI $12 trillion—almost 40 percent of all foreign direct investment positions globally—is completely artificial: it consists of financial investment passing through empty corporate shells with no real activity (11 Jun 2018)
The RBS sell-off can't hide the Tories' failure to clean up its rotten culture (8 Jun 2018)
TSB chief under pressure to quit after rebuke from MPs (8 Jun 2018)
Fat cats: Pay revolt at Ladbrokes owner GVC forces director to quit role (8 Jun 2018)
SSE fined £1m for sending inaccurate customer statements (8 Jun 2018)
Carillion: Midland Metropolitan Hospital: £107m funding withdrawn by banks (8 Jun 2018)
High street 2018: a tale of lost shops and at least 35000 jobs at risk (8 Jun 2018)
The decline and fall of House of Fraser (8 Jun 2018)
What Karl Marx has to say about today’s environmental problems (8 Jun 2018)
StanChart exec quits after 'inappropriate' behaviour (8 Jun 2018)
Poundworld prepares to appoint administrators in bid to avert collapse (8 Jun 2018)
Fat cats: Businesses must rein in executive pay, parliament told (8 Jun 2018)
EU banks watchdog probes Malta agency over anti-money laundering at Pilatus Bank (8 Jun 2018)
A Guide to China's $10 Trillion Shadow-Banking Maze (8 Jun 2018)
Bank cartel charges underline Australia's get-tough approach (8 Jun 2018)
Revolving doors: Key Senate GOP tax staffer lands at PricewaterhouseCoopers (8 Jun 2018)
The stark relationship between income inequality and crime (8 Jun 2018)
FCA investigations shoot up, but fines imposed fall (8 Jun 2018)
A Bullish Share Buyback Signal Is Flashing for Toyota in Japan (8 Jun 2018)
Business leaders warn controversial City watchdog (FCA) reforms risk UK's global reputation in good governance (8 Jun 2018)
FCA: Controversial rules for Aramco London listing approved (8 Jun 2018)
Retailers 'mis-using' CVA rent reductions, say landlords (8 Jun 2018)
Smaller firms paying disproportionately high PI premiums - FCA (8 Jun 2018)
Thomson Reuters adds $1 billion to its share buyback program (8 Jun 2018)
Tesco boss blames business rates for retail woes (8 Jun 2018)
Nearly 4 million UK adults forced to use food banks (7 Jun 2018)
Carillion's collapse to cost taxpayers £148m, National Audit Office finds (7 Jun 2018)
Carillion collapse puts Irish firm into liquidation (7 Jun 2018)
Carillion “hoodwinked the Government and many others” with published accounts – and further questions on Big 4 conflicts of interest emerge (7 Jun 2018)
Letter from Frank Field and Rachel Reeves to PricewaterhouseCoopers LLP on Carillion, conflict of interest (7 Jun 2018)
Letter from Frank Field and Rachel Reeves to Official Receiver and Liquidator on PwC conflicts of interest (7 Jun 2018)
National Audit Office Full Report: Investigation into the government's handling of the collapse of Carillion (7 Jun 2018)
National Audit Office Report Summary - Investigation into the government's handling of the collapse of Carillion (7 Jun 2018)
Carillion's accountants and lawyers will get £70m to manage collapse
(7 Jun 2018)
House of Fraser to close 31 stores (7 Jun 2018)
Toys 'R' Us Workers Take on Private-Equity Barons: 'You Ought to Be Ashamed'
(7 Jun 2018)
Pension funds take £120m hit on Thames Water leaks (7 Jun 2018)
Thames Water to pay back £65m to customers as part of leakage penalty (7 Jun 2018)
Australia charges former local heads of Citi, Deutsche, ANZ in cartel case (7 Jun 2018)
MPs warned criminal sanctions will not deter rogue bosses over pensions
(7 Jun 2018)
Poundworld faces administration as it struggles to find buyer (7 Jun 2018)
Corporate Welfare: Rich nations spend $100b a year on fossil fuels despite climate pledges
(7 Jun 2018)
European football is worth a record £22bn (7 Jun 2018)
Hammond forced to defend RBS shares sale after £2bn loss to taxpayers
(5 Jun 2018)
RBS share sale: There is no economic justification for taking a £2.1bn loss
(5 Jun 2018)
Fat cats: Water bosses' £58m pay over last five years a 'national scandal' (5 Jun 2018)
BoE to make banks publish death plans to avoid repeat of Lehman contagion
(5 Jun 2018)
Cash for patients — doctors take huge kickbacks in rehab scandal (5 Jun 2018)
Fifa file criminal complaint against Viagogo over World Cup ticket resales (5 Jun 2018)
Société Générale S.A. Agrees to Pay $860 Million in Criminal Penalties for Bribing Gaddafi-Era Libyan Officials and Manipulating LIBOR Rate (5 Jun 2018)
The Growth Commission's banking regulation proposals miss an opportunity to give finance a social purpose (5 Jun 2018)
The Normalization of Corruption (5 Jun 2018)
Bribery and Corruption: Legg Mason Inc. Agrees to Pay $64 Million in Criminal Penalties and Disgorgement to Resolve FCPA Charges Related to Bribery of Gaddafi-Era Libyan Officials (5 Jun 2018)
How nurturing a good conduct culture can actively reduce business risk (5 Jun 2018)
SMEs are paying more corporation tax than bigger businesses (5 Jun 2018)
Carillion: Official Receiver's update (5 Jun 2018)
UK Government clears way for Fox's Sky bid (5 Jun 2018)
Fat cats: Outgoing Vodafone boss Vittorio Colao took home £8m last year
(4 Jun 2018)
Under-30s turn away from unions despite wage stagnation (4 Jun 2018)
Unions are too vital to democracy to be allowed to gentrify and die (4 Jun 2018)
TRADE UNION MEMBERSHIP 2017 STATISTICAL BULLETIN (4 Jun 2018)
New research reveals that multinational firms have invested $12 trillion globally in empty corporate shells, and citizens of some financially unstable and oil-producing countries hold a disproportionately large share of the $7 trillion personal wealth stashed in tax havens (4 Jun 2018)
UK manufacturing has lost 600000 jobs in a decade, says union (4 Jun 2018)
Lessons to learn from the collapse of Carillion go beyond financial accounting and into how small businesses can be nurtured (4 Jun 2018)
Amazon delivery firms face legal action over workers' rights (4 Jun 2018)
Fat cats: GVC investors voting down executive pay are likely to be backing a loser (4 Jun 2018)
The Carillion collapse was a failure of governance at every level (4 Jun 2018)
Rachel Reeves: We cannot have 'business as usual' after Carillion (4 Jun 2018)
36 Former Military and Civilian National Security Leaders Urge Congress to End Anonymous Shell Companies (4 Jun 2018)
Green technology to burst 'carbon bubble' in catastrophe for fossil-fuel economies, new research predicts (4 Jun 2018)
Europe is building more wind and solar — without any subsidies (4 Jun 2018)
FCA chief: 'mutual recognition' would suit everyone post-Brexit (4 Jun 2018)
FROM REVOLVING DOORS TO REGULATORY CAPTURE? EVIDENCE FROM PATENT EXAMINERS (4 Jun 2018)
Huge queues to access RBS mobile bank branch sparks anger in Wick (4 Jun 2018)
Want to end wealth inequality in Britain? Cap the bosses' bonuses
(1 Jun 2018)
Want to end wealth inequality in Britain? Cap the bosses' bonuses Youtube version (1 June 2018)
Rip-off: UK funeral prices to be probed (1 Jun 2018)