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Craig Sanderson: The obsession with shareholders

I refer to the article in Scottish Housing News on 11th August 2023 which outlined how housebuilder Persimmon is to put pressure on suppliers and subcontractors to find savings as part of new measures to curb falling sales and profits. It resonated with an item in The Guardian on the

Transcripts for BBCNEWS BBC News 20210923 14:12:00

supply and we can make sure that prices don t energy supply and we can make sure the prices so any way that hurts families and so i would like to see that, but i would also like to see that, but i would also like to see a situation where we have the proper energy strategy. let s not forget that gmb union has been warning for some time now that we don t have an energy strategy and so something like this was bound to happen. and finally, i think we need to make sure that we don t have the kind of bandit capitalism in this where bosses are able to walk away with their pockets lined after something like this has happened. we saw that happening with the banks in 2008 and it cannot be allowed to happen here with the energy companies. happen here with the energy companies- happen here with the energy comanies. ., ., happen here with the energy com anies, ., ., ., ~ companies. ellie mae o hagan, thank ou. police investigating the murder of 28 year old sabina nessa have made a fresh ap

Voices of Scotland Scotland can be more ambitious on reshaping its economy

I RECENTLY accepted an invitation to join the Scottish government’s Advisory Council for Economic Transformation. The ambition is for a new 10-year national strategy to drive Scotland’s economic transformation as the country recovers from the coronavirus pandemic and transitions to a net-zero economy. The fact that we require an economic transformation is beyond question. Pre-pandemic our financialised capitalist economy was already failing, with the asset-wealthier getting richer and the wage-poor getting poorer. Low-paid precarious work is endemic, house prices and rents are rising and we do not have a fit for purpose industrial strategy. This is not political point-scoring. Our economic problems are the consequence of failed policy by governments over decades.

Carillion s corrupt collapse 3 years on

ON Monday January 15, 2018, the construction and outsourcing conglomerate Carillion went bust. So the third anniversary has just arrived. Steve Paul remembers clearly how he found out about the Carillion collapse. At the time he was running his plastering and flooring business in the West Midlands. His company, SDP Floorscreeds Ltd, had big contracts with Carillion for building floors on the £300m Midland Metropolitan Hospital project in Birmingham. Paul got a call from one of his supervisors on the Metropolitan project at eight in the morning. “He told me the gates were locked and the men couldn’t get on site. Everything was padlocked. There were security guards. All our materials and plant for the floors were locked inside the gates.”

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