Financial secotor and government privatisation come together in a perfect storm. Result=workers shafted againBy One percent
British Steel pension scheme members were targeted by "vulture" financial advisers after Tata was allowed to offload its retirement fund, MPs say.
In 2017 the Indian firm announced a restructuring of the £14bn fund to keep its UK loss-making operations afloat.
But the government, Tata and regulators failed to protect 124,000 members from a "major mis-selling scandal", the Work and Pensions Select Committee said.
The UK government has yet to issue its response to the "neglect" claim.
so, not only has the government fucked up the steel industry by flogging it off to a bunch of Indians, they have also allowed crooks from the financial sector to steal rom and ruin workers.
Good job there establishment
By One percent
A rant really but thought it might be worthy of a thread so we can measure how bad public transport is.
last week, my train into London was cancelled due to signalling problems at Bethnal Green (according to the station staff, the real reason is scroats nicking the wire overnight but that's another story). All travails cancelled and there is one every 15 minutes so you can imagine the chaos.
queuing for buses and managed to eventually get one to the nearest tube station.
put my whole day out. Late for the first meeting etc.
Now, the biggest annoyance is that my claim for compensation - the cost of the one way ticket (it can be claimed after a 30 minute delay) has been rejected. In a kafkaesque move, they have not even been specific as to why the claim was rejected.
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