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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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October 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
A Policy Paper prepared for the UK Labour Party - A Better Future for Corporate Governance: Democratising Corporations for Their Long-Term Success
Blame the bank: How finance caused today's housing crisis (18 Oct 2018)
Santander Joins List of Banks in German Tax-Dodge Crackdown (18 Oct 2018)
When council leaders petition No 10 to end austerity, things are bad (18 Oct 2018)
From nail bars to car washes: how big is the UK's slavery problem? (18 Oct 2018)
US Department of Justice Press Release: Former PCAOB Inspections Leader And KPMG Executive Director Pleads Guilty To Scheme To Steal Confidential PCAOB Information In Order To Fraudulently Improve KPMG’s PCAOB Inspection Results (18 Oct 2018)
MPs demand answers from Patisserie Valerie boss over £40m black hole
(18 Oct 2018)
Nationalising Special Purpose Vehicles to end PFI: a discussion of the costs and benefits (18 Oct 2018)
ESMA data analysis values EU derivatives market at €660 trillion with central clearing increasing significantly (18 Oct 2018)
Four Seasons adviser quits amid corporate governance row (18 Oct 2018)
Hundreds join growing list of Britain's ultra rich (18 Oct 2018)
Cobalt Air warns passengers that all flights are cancelled (18 Oct 2018)
Fat cats: Chief executives win the pay lottery (18 Oct 2018)
Banks to begin checking names on bank transfers to prevent fraud (18 Oct 2018)
Whistleblowing v Bounty hunting. A new whistleblowing APPG with sponsorship from bounty hunters (18 Oct 2018)
Banks urged to step up efforts to stop modern slavery profits (17 Oct 2018)
Privatisations: Britain fell for a neoliberal con trick – even the IMF says so
(17 Oct 2018)
Bank of England raises alarm over surge in high-risk lending (17 Oct 2018)
Banks could owe millions in PPI compensation claims (17 Oct 2018)
Former KPMG executive director pleads guilty to audit fraud scheme (17 Oct 2018)
Fracking protesters walk free after court quashes 'excessive' sentences (17 Oct 2018)
New laundering warnings on Scottish shell firms (17 Oct 2018)
Shareholder pay revolt 'embarrassed' Royal Mail bosses (17 Oct 2018)
Murdoch children may get up to $2bn each in 21st Century Fox sale (17 Oct 2018)
Bill Browder says money laundering in Denmark is a 'joke' — as Nordea money flows questioned
(17 Oct 2018)
Danske Bank's choice of chief blocked by Danish regulator (17 Oct 2018)
London's financial flows are polluted by laundered money (17 Oct 2018)
Liberal Democrats want multinationals to publish tax returns - this is a pale immitation of the Labour policy (17 Oct 2018)
If austerity is really over, the Chancellor must present a plan to invest in the economy (16 Oct 2018)
Solicitors 'aiding and abetting concealment of potential criminal activity'
(16 Oct 2018)
Paddy Power Betfair to pay penalty package for social responsibility and money laundering failures on its gambling exchange (16 Oct 2018)
Paddy Power Betfair fined after stolen cash is gambled through its website (16 Oct 2018)
IFS: Government austerity pledges 'incompatible' (16 Oct 2018)
UK Government Promises to end austerity and to balance the books by mid 2020s are unlikely to be compatible (16 Oct 2018)
Why Culture Risk Requires Action By CEOs And Boards (16 Oct 2018)
Telstra considers executive pay overhaul after investors' first strike against board
(16 Oct 2018)
Health Care CEO Pleads Guilty to $150 Million Health Care Fraud Scheme Involving Harmful Injections and Unnecessary Prescription of Millions of Opioids (16 Oct 2018)
Labour's shares plan for workers has glaring flaws (16 Oct 2018)
Germany's Mittelstand puts happy workers over profits (16 Oct 2018)
Think tank (IFS) criticises 'indefensibly generous' pension taxes (16 Oct 2018)
'There's no plan B': academics race to safeguard research against Brexit (16 Oct 2018)
Claire's 'considers UK store closures' (15 Oct 2018)
Serious Fraud Office mulls new investigation into HBOS Reading fraud (15 Oct 2018)
Universal Wealth Management: More than 100 possible frauds (15 Oct 2018)
Fracking starts at landmark Lancashire site (15 Oct 2018)
Patisserie Valerie discovers 'secret' overdrafts (15 Oct 2018)
Patisserie Valerie boss describes £20m accounting black hole as a nightmare (15 Oct 2018)
Patisserie could sue auditor Grant Thornton over £40m hole (15 Oct 2018)
Top climate scientist blasts UK's fracking plans as 'aping Trump' (15 Oct 2018)
Payday lenders told to offer compensation for mis-sold loans (15 Oct 2018)
Labour's John McDonnell signals flexibility on workers' share plan (14 Oct 2018)
The Clock Has Finally Run Out on Sears (15 Oct 2018)
FCA caseload at record levels despite dropping more cases than ever (15 Oct 2018)
Don't believe the World Bank – robots will steal our wages (15 Oct 2018)
States, debt, nationalisation and money (15 Oct 2018)
FCA spends further £5 million on senior managers regime (15 Oct 2018)
We let finance rip and flogged our assets. Austerity was bound to follow
(12 Oct 2018)
The UK isn't winning the war against dirty money because government refuses to do anything about it (12 Oct 2018)
Patisserie Valerie chairman pumps in £20m to stave off collapse (12 Oct 2018)
Patisserie Valerie says finance chief arrested (12 Oct 2018)
Patisserie Valerie finance chief arrested, fraud office opens case (12 Oct 2018)
This is why Silicon Valley giants are paying such low taxes in the UK (12 Oct 2018)
Cadbury's US owner Mondelez pocketed £400000 more in tax credits (12 Oct 2018)
Investors benefit from water groups' borrowing at expense of customers (12 Oct 2018)
The Privatised Water Industry in the UK. An ATM for investors (12 Oct 2018)
Treasury refuses to calculate profits made by PFI investors (12 Oct 2018)
UK shopping centre owned by private equity forced into receivership (12 Oct 2018)
RBS pays its first dividend since £45.5bn bailout 10 years ago (12 Oct 2018)
Why Investment Bankers Are Impervious to Technology (12 Oct 2018)
Insolvency: Supercuts owner Regis asks landlords to waive rent (12 Oct 2018)
CYPRUS: Laiki bankers found guilty of market manipulation (12 Oct 2018)
Europe's biggest banks fined for money laundering (12 Oct 2018)
At least 1000 women protest at changes to UK pension age (11 Oct 2018)
Women's pensions need a fairer transition for those born in the 1950s (11 Oct 2018)
Patisserie Valerie faces winding-up order from HMRC (11 Oct 2018)
Patisserie Valerie to close down without 'immediate injection of capital (11 Oct 2018)
Patisserie Valerie faces '£20m accounting hole' and winding up order (11 Oct 2018)
Cadbury owner Mondelez paid no corporation tax in the UK last year (11 Oct 2018)
Insolvency: Coast fashion retailer collapses putting 300 jobs at risk (11 Oct 2017)
Ed Sheeran paid more in tax last year than both Starbucks and Amazon (11 Oct 2018)
Panama Papers reveal offshore payments by Madagascar’s seafood king - shell companies in Bermuda, BVI. Luxembourg used (11 Oct 2018)
London remains a safe haven for the world's dirty cash (11 Oct 2018)
UK's largest energy companies saw profits drop in 2017 (11 Oct 2018)
Banks' appetite for mortgage risk drops (11 Oct 2018)
'Too many' employers make minimum pension contributions (11 Oct 2018)
HSBC Agrees To Pay $765 Million In Connection With Its Sale Of Residential Mortgage-Backed Securities (10 Oct 2018)
Bank of England warns of 'pressing' need to protect £41 trillion of financial products from Brexit
(10 Oct 2018)
Gig economy fuelled 'lost decade' in wage growth (10 Oct 2018)
Call for Lloyds Bristol unit allegations to be re-investigated (10 Oct 2018)
Airbnb facing enquiry from HMRC over UK activity (10 Oct 2018)
The ATO is reportedly coming after the big four accountancy firms for tax schemes
(10 Oct 2018)
Roman Abramovich loses battle with French taxman over Riviera chateau
(10 Oct 2018)
EU pushes for new tax on tech giants 'by Christmas' (10 Oct 2018)
Tax Change Aside, US Companies Stick With Executive Performance Pay (10 Oct 2018)
Paddy Power Betfair hit as Ireland doubles gambling tax (10 Oct 2018)
Hundreds of academics at top UK universities accused of bullying (10 Oct 2018)
I reported harassment and was silenced – and I'm a senior academic (10 Oct 2018)
Developing nations 'making strides in cutting rich-poor gap' (10 Oct 2018)
Davis warns May of 'dire consequences' without Brexit rethink (9 Oct 2018)
Bank of England in unusual warning about risky business debt (9 Oct 2018)
Amazon workers report 440 serious safety incidents including fractures and 'sub-zero' conditions
(9 Oct 2018)
Fat Cats: Aviva boss Mark Wilson to get £6.5m after shock exit (9 Oct 2018)
Unions accuse Chevron of 'massive' tax avoidance via the Netherlands (9 Oct 2018)
UBS tax fraud trial opens in Paris (9 Oct 2018)
90% of Europe's biggest banks have been sanctioned for money laundering (9 Oct 2018)
'Big Four' audit firms face competition probe (9 Oct 2018)
MPs demand explanation for not investigating 'Russian money laundering'
(9 Oct 2018)
Record £160m paid for UK's most expensive home ever sold - sold to an offshore buyer through Guernsey, no way of knowing the real owner (9 Oct 2018)
Finance Curse: Who are UK banks lending to? (8 Oct 2018)
Are bank ATMs guilty of daylight robbery? (8 Oct 2018)
Tesco chief calls for 'Amazon tax' on goods sold online (8 Oct 2018)
EU bank watchdog examining Danish handling of Danske (8 Oct 2018)
Reality Check: Does the UK export many of its services? (8 Oct 2018)
Is Amazon's $15 minimum wage raise 'bad' for small business? (8 Oct 2018)
Shadow banks, trade wars, Trump … clouds gather over the IMF's paradise
(8 Oct 2018)
Pret a Manger investigates second death linked to sandwich (8 Oct 2018)
Revealed: how McDonald's and Airbnb slash UK tax bills (8 Oct 2018)
PwC faces Guernsey probe over audit of failed claims funder (8 Oct 2018)
Facebook's UK tax bill jumps as profits rise (8 Oct 2018)
Facebook's UK tax bill rises to £15.8m – but it is still just 1% of sales (8 Oc
Slump in Royal Mail shares hits workers planning to cash in (8 Oct 2018)
Academic Grievance Studies and the Corruption of Scholarship (8 Oct 2018)
Labour should be campaigning for a citizens’ wealth fund instead of a worker-ownership (8 Oct 2018)
Austerity is a Tory choice – the Prime Minister's empty words won't end it (5 Oct 2018)
Denmark Starts Formal Investigation Into Danske Bank's Auditors - (Between 2010 and 2014, it switched between Grant Thornton, PwC, KPMG, Deloitte and EY) (5 Oct 2018)
Danske Bank memo shows how Russians moved money (5 Oct 2018)
City of London costs UK £4.5tn in lost economic growth (5 Oct 2018)
The finance curse: how the outsized power of the City of London makes Britain poorer (5 Oct 2018)
Costing the country: Britain's finance curse (5 Oct 2018)
Lloyds told to improve systems over 'serious' PPI breaches (5 Oct 2018)
Lloyds issued with legal directions for PPI breaches (5 Oct 2018)
Payment Protection Insurance Order: Directions to Lloyds Banking Group (5 Oct 2018)
More than half of twenty-somethings have no savings at all (5 Oct 2018)
Tax Competition: Big companies will get huge UK tax cuts if there is no-deal Brexit (5 Oct 2018)
Unilever scraps plan to move HQ from London to Rotterdam (5 Oct 2018)
Government paying lip service to industrial strategy – Vince Cable (5 Oct 2018)
Wetherspoons dishes out poverty wages. That's why I'm striking (4 Oct 2018)
More regular work wanted by almost half those on zero-hours (4 Oct 2018)
Don't thank Bezos for giving Amazon workers a much-needed raise (4 Oct 2018)
How Amazon workers could end up earning LESS after pay rise
(4 Oct 2018)
Rivals may pay the price of Amazon's wage hike (4 Oct 2018)
Research: How the Financial Crisis Drastically Increased Wealth Inequality in the US (4 Oct 2018)
Danske Bank faces US investigation into money laundering (4 Oct 2018)
Fat Cats: CEOs should reveal how much more they earn than their average worker
(4 Oct 2018)
What will happen to middle class Americans as inequality rises? (4 Oct 2018)
How Corporate Governance Is Evolving at America's Top Companies (4 Oct 2018)
Worries about the rise of the gig economy are mostly overblown (4 Oct 2018)
The Bank That Almost Broke Britain, review: A timely look at the