UK Chancellor announces £2bn Energy Wealth Fund after Jackdaw gas project. PR gesture. UK squandered North Sea wealth in tax cuts for corporations and the rich. Norway didn't, has $2.4 trillion sovereign fund. UK govts fight class wars, long-term neglected.

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UK law requires companies to pay dividends from realized profits, must maintain capital. Law is poorly enforced. Water companies flout it. Carillon abused it. Now Govt proposes that dividends can be paid without capital maintenance. Madness to appease corporations.

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The Duchy of Cornwall owned the by Prince of Wales is a giant business organization It is exempt from corporation and capital gains tax, uses infrastructure funded by others to make profit. Inevitably, leads to unfair competition and free-rider problem.

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Thames Water line up former Labour minister John Hutton as chairman, as it tries to win over the govt. Hutton left the govt after the expenses and lobbying scandals. Now pursued by TW to fix things politically, TW is financially, environmentally bankrupt.

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The Institute for Public Policy Research makes the case for EU membership amid the "unreliability" of the US. And they're right. No ally can rely on America any longer. We need EU membership to keep us safe. Read here: https://www.mirror.co.uk/news/politics/andy-burnham-eu-ukraine-trump-37784291

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