Share this page!

Enter URL or ID to Unroll

You can paste full URL like: https://x.com/threadreaderapp/status/1644127596119195649
or just the ID like: 1644127596119195649

How to get URL link on X (Twitter) App

  1. On the Twitter thread, click on or icon on the bottom
  2. Click again on or Share Via icon
  3. Click on Copy Link to Tweet
  4. Paste it above and click "Unroll Thread"!
  5. More info at Twitter Help
EuropeanPowell Profile picture
@EuropeanPowell
Dec 19, 2022 • 7 tweets • 3 min read • Read on X
For every action, there is an opposite reaction.
As Tories increase prosperity for the rich, disaster capitalism cements austerity as policy choice which increases paycuts, strikes, foodbanks, collapse of public sector and rule of law. UK is a Kleptocracy.
theguardian.com/news/2022/dec/…
Govt announcing spending cuts matches the amount of profit that corporate hegemony has reaped, there is no lack of money, it's just unequally redistributed. All on the back of crises, you see how it works?
Deregulation goes hand in glove with wealth accumulation. City of London corporation is a charter city (est 1075) with it's own laws, offshoring gains to tax havens, private businesses dominate the electorate and have an unelected Remembrancer in HoC.
The City of London is an extremely powerful body that shapes economic policy, it should be investigated and dismantled as it favours only the extremely wealthy, the pandemic was exploited by that power, hence the enormous profits and public money absconded via the VIP PPE lanes.
The people have absolutely no say in a plethora of transactions and offshoring of wealth for tax avoidance and personal profits of the 1% thanks to the City of London. Watch the video The Spiders Web for all the details
Tories only interests are to cede political power to private mega corporations, hence the Tories track record of anti-governance. Deregulation will further entrench greed under new laws. I can't believe people aren't rallying their communities to say #EnoughlsEnough #GTTO
Case in point. This is what happens when angry venture capitalist are denied installing fascist laws as part of 'restructuring sovereignty'. Shanker Singham is an advisor to Prospera, Singham was the brains behind Brexit. Wake up UK
thelondoneconomic.com/business-econo…
prospera.hn/news/press-rel…

• • •

Missing some Tweet in this thread? You can try to force a refresh
　

Keep Current with EuropeanPowell

EuropeanPowell Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @EuropeanPowell

EuropeanPowell Profile picture
Mar 31
What @guardian and the entire MSM are ignoring is that a suite of tax reliefs including National Insurance Contributions for employers exist in the UK's 74 deregulated SEZs and 12 Freeports rolled out by Sunak and Truss, and are fully backed by Starmer's cohorts.
Employer National Insurance Contributions relief: eligible employers with a business premises in an Investment Zone tax site will be able to apply a zero rate of secondary Class 1 National Insurance contributions on the earnings of eligible new employees who are expected to spend 60% or more of their working time in the tax site. This rate can be applied on the earnings of all eligible new employees, up to £25,000 per year, for 36 months per employee.
The UK is being privatised under Zone Fever.
theguardian.com/business/2025/…Image
Image
Image
Image
Somerset is mentioned in the Guardian article.
Below is Somersets Councils website trumpeting the deregulated benefits for companies siged up to their SEZ.
Enterprise Zones were created by Government to provide key sites for economic growth
and regeneration across England, supported by deregulation and financial incentives
attached to each zone. For businesses these incentives potentially include simplified
planning and access to fiscal incentives. In addition, local authorities with jurisdiction over
the area containing the Enterprise Zone are able to retain all the uplift in business rates
income generated by the site for a fixed period of time.
democracy.somerset.gov.uk/documents/s310…
Wiltshire is mentioned in the Guardian article, Swindon is also host to three SEZs or 'Growth Zones' (which is a new one for me)
swlep.co.uk/our-advantage/…Image
Read 7 tweets
EuropeanPowell Profile picture
Mar 28
Donald Trump is not the only enemy of ordinary people, Starmer's changed Labour Party are inflicting disturbingly similar austerity policies on UK citizens' lives and livelihoods.
Rachel Reeves's and her entourage's neoliberal mindset knows there will be no growth under her disastrous fiscal policies, that they will translate to punishing rises in mortgage costs, that people will have to spend their savings to live, that there is no profitability in the UK for businesses, that the UK will be dependent on foreign capital, eg Chinese and Russian money will be sustaining the UK economy.
The myth of Foreign Direct Investment (FDI) exposed👇🏻Almost all of UK industry is owned by the US.
This means Bits have to pay rent to access their own market.
Rachel Reeves and Jeremy Hunt's perpetuate the 40-year-old 'big lie' that is FDI - Foreign Direct Investment. Incoming investment has two forms: physical plants and new buildings OR foreign purchases from existing companies.
Politicians such as Reeves and Hunt are known to confuse the two forms under the rhetoric of 'economic growth and Britain being the best place in the world to invest'.
UK households will pay high interest rates to foreigners. The poorest will be bankrupted to make rich foreigners wealthier.
Since the 1970s FDI has paved the way for govt ministers to literally 'sell off the family silver' to US private equity. On top of that Starmer's embrace of AI is all about automation and destroying people's jobs. Lastly, Starmer picked up the baton of Sunak and Truss's 74 deregulated Special Economic Zones, and 12 Freeports, Labour MPs, Mayors, councillors, Lords, and Baronesses were active board members of the Tories nationwide SEZs/Freeports consortia. Labour signed off 86 regions of the UK to the likes of Blackrock, PEEL Group, DP World, Deloitte, Blackstone, Chevron, and many more malign corporations with atrocious track records in fraud, environmental pollution, tax evasion, human rights abuses, banning of unions.
The City of London, which is a charter city takes precedence over ordinary people’s lives and livelihoods. Rachel Reeves is panicking.
theguardian.com/politics/2025/…
Read 5 tweets
EuropeanPowell Profile picture
Mar 20
Starmer is building a Sovereign Corporation that despises, demonizes, and punishes the most vulnerable in society.
Starmer has handed over governance powers to 700 corporate lobbyists, where the Govt takes a ‘secondary position’. The public sector is being dismembered, people are going to die.
This is part of Zone Fever, an infrastructural attack that is currently installing 86 deregulated Free Zones.
48 SEZs and 8 Freeports in England
18 SEZs and 2 Freeports in Scotland
8 SEZs and 2 Freeports in Wales
Corporations in the 74 SEZs to receive £11 billion 840 million in State aid (public money).
The UK Government has invited corporations to set up and ‘rescue’ democracy from its failures.
Corporate power, corporate governance, and corporate sovereignty is going to eclipse the country, the UK is being privatized.
These are just some of the firms that have met with senior Labour figures over the last 12 months.
Blackrock, Palantir, Amazon, Northrop Grumman, Lockheed Martin, Fujitsu, Deloitte, PwC, EY, Google, The City of London Corporation, BP, Goldman Sachs, Thames Water, BlackStone, Telstra Health, Macquarie, Meta, SGN, EDF, Leonardo, BAE Systems, Cadent Gas, National Gas, Natwest, Virgin Atlantic, Abrdn, Barclays, Coinbase, The British Private Equity & Venture Capital Association, Bluebird Care, Edelman
x.com/EuropeanPowell…
Keir Starmer's changed Labour Party is now in partnerships with US Blackstone and Blackrock, two of the most powerful and criminally corrupt shadow banking asset management corporations on the planet. Blackrock and Blackstone own everything and believe corporate governance is the answer to 'removing the obstacle' of democracy and big govt.
Deregulation is God.
x.com/EuropeanPowell…
Read 7 tweets
EuropeanPowell Profile picture
Mar 18
Deregulation is the Labour Party's God.
The water companies are laughing.
Blackrock are rubbing their hands together
BP is ordering champagne by the ton
Palantir is partying
Roll Royce is stocking up on uranium
Amazon is buying more whips
Donald Trump is golfing in Scotland
Blackstone are rolling their sleeves up to start digging up green spaces
700 corporate lobbyists are earmarking public services for total takeover
The UK public however are reduced to being mere spectators of their own fate.
theguardian.com/politics/2025/…
All part of 'accelerationism'.
What is accelerationism?👇🏻
theguardian.com/world/2017/may…
Read 4 tweets
EuropeanPowell Profile picture
Mar 15
Trump to build 10 free cities each run by a corporation.
Deregulated Freeports, and Special Economic Zones are stepping stones to Free cities.
There are 12 Freeports and 74 SEZs currently being installed in the UK, these were initiated by Sunak and Truss immediately after Brexit, and signed off by Labour MPs, Mayors, councillors, lords, and Baronesses between 2021 and 2022.
The project is called The Network State is a highly aligned online community that crowdfunds territory around the world, they aim to reconfigure power and wealth for a small group of 'broligarchs'.
This is about the wealthy buying sovereignty under Faustian pacts, it is a form of neocolonialism.
Sunak's mentor at Stanford was Paul Romer who lectured on free zones and free cities as a means to shrink big govt by carving up countries into patchworks of corporate sovereignties.
You take a big problem and what do you do to solve it?
You break it down into more manageable pieces.
This is essentially what deregulated zoning is all about.
Democracy can be removed from a jurisdiction that is under corporate governance, this is why zoning has gained traction since the 2008 financial crisis, it is a form of second empire building.
Read 10 tweets
EuropeanPowell Profile picture
Feb 25
12 UK Freeports are located inside much larger SEZs, they range from 34 to 75km in diameter.
Free zones are expansionist experiments in corporate governance/deregulation.
UK free zones contravene EU rules on State aid which is given to companies in the free zones as profit motive with numerous corporate tax breaks set at 10 years, and licenses set at 25 years. This is illegal in the EU, there are 82 SEZs in the EU but they are strictly regulated to prevent market distortion which creates an unlevel playing field, deregulation and devolution are synonymous with 'localised freedoms' which benefit corporations while laying waste to public infrastructure.
Councils already collapsing will, inside SEZs further atrophy unable to compete with monopolistic firms such as Blackrock who are making serious incursions into the public sector, private equity asset-strips councils then those same corporations benefit from metro Mayors like Andy Burnham and Steve Rotheram who enjoy newly acquired CEO status, local councils are being merged into mega councils.
This is how public infrastructure is preyed upon by corporations.
UK Brexited so it could flout the EU's rules on State aid to SEZs.
This means the UK can't rejoin EU unless it aligns with the EU on State aid.
UK SEZ licenses are set for 25 years and have a London Court of International Arbitration (LCIA) mechanism written in, meaning corporations can sue the govt for potentially billions over breach of contract, such as a corporation's rights to pollute the environment, shred workers rights, and enforce modern-day slavery.Image
Image
A common pattern of deflection is to ping-pong questions of responsibility and transparency between the LEPs and Freeport/SEZ entities.
This deliberately sows confusion and fatigue with the public.
Read 10 tweets

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

Send Email!

:(