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https://www.health.org.uk/evidence-hub/money-and-resources/poverty/relationship-between-health-and-poverty
https://www.healthpovertyaction.org/how-poverty-is-created/
https://www.health.org.uk/infographic/poverty-and-health
I will be sharing some of these insights with my final notice letter...
[UPDATED]
Title of the Petition : UK Sanctions on Russia hurting UK citizens not Putin
UK sanctions on Russia are not deterring Putin to retreat from the war but the sanctions are hurting almost every UK citizen financially due to high energy prices, high inflation and high interest rates.
UK citizens became the victims of the war as sanctions led to :
- rise in oil prices
- rise in inflation
- rise in interest rates
- rise in mortgage payments
We UK citizens are paying the price as a result of UK Govt sanctions with ordinary citizens unable to afford exorbitant high prices all around. With high interest rates and high mortgage payments, first time buyers dream of buying a house is going to be a dream for a distant future. Those who already have mortgages are worried about increase in their monthly payments.
Money is a measure of time and energy. It is a fact when you increase poverty you reduce opportunity and life expectancy. People up north live 10 years less on average than people down south (i.e. London etc). It is not just a case people with pensions and savings have been wiped out, but everyday households are struggling. Meanwhile so far government is offering only 6 month support to businesses with energy, a glass kiln maker has seen their costs go from 12k to about £200k, pubs from around £15k to 57k. Moreover, the supply chain collapse is going to increase starvation in less developed countries.
Even Bank of England Governor blamed the Russian war for the rise in inflation. Unfortunately, sanctions have not had any impact on Putin. Sanctions have only helped Putin make more money due to high energy prices.
We UK citizens are paying the price as a result of UK Govt sanctions!
How long UK citizens have to endure this pain ?
This petition to UK Govt is to remove the sanctions as they are not working and request UK Govt to find a new approach to counter Putin and request not to penalize UK citizens who are not involved in the war.
PS: If we can add more examples on how sanctions are impacting us then this petition will be more effective IMO.
I see that 100k signatures are required for the petition to be debated in Parliament. Not 10k signatures as I initially thought.
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Thanks JMAX
Contacting some of the financial Youtube channels could give your case more publicity, and it would give these channels more content too.
Stansberry Research, Kitco, Neil McCoy-Ward and Mario from maneco64 etc could help your cause.
Yes will do. I may get down and dejected like all us do but we can't let this go. If this issued was put by a journalist to a Tory MP in front of millions, then they would have to act as our case is so strong. We need a decent journalist. As I've said and many now agree , we have been treated deplorably by our own government let alone the crooked bod and Russian crooks. There are also some great brains on our side.
Lawrence<< at least you got a reply, I am 8 weeks counting on my notice of potential legal action. The ombudsman has accepted my official complaint based on the complexity of the case, however they are telling me due to covid pandemic I may have to wait 4weeks to 6 months for the primary investigation. Kind of get the feeling the system is set up to deter and drag things out???
If nothing comes of this week, please can you get in touch and we can try and rally a group of MP's, I feel this is the best shot. We need a united front, they are not interested in isolated cases.
Well done Lawrence!
Thanks to your perseverance you have stirred the Government machine into being at least being aware of POG's investors and the 'unintended consequences' of their misconstrued sanctions, which if anything aid Putin.
Of course, how much, difference to what seems a fait accompli - the weight of institutional forces arraigned against us - this is all makes is a moot point.
But at least you are not going down without fight; bravo!
My response to that reply from Graham Stuart was below, I am still awaiting their reply. Son in my case three MP's are in the email trail with responses. Sally-Anne Hart, James Cleverly and Graham Stuart.
=======================================================================
From: lawrenceTJ13@sky.com
Sent: 17 August 2022 10:14
To: GUYTON-DAY, Thomas
Subject: Re: Lawrence Jenkins
Dear Thomas and Sally
Thanks ever so much for this I'd almost given up. Reading the minister for Europe's response the part that stood out for me was "unintended consequences" which is precisely what we are . We now have a register of 120 UK shareholders who have lost large sums of money.In one case a family amounting to £750k. Most were all investors before the invasion and subsequent sanctions which essentially killed POG which is now awaiting the closing of a sale agreement for $600 million to Russian gold miners UCCM all conveniently arranged by Gaz Prom Banks Chairman and Putin's pal Akimov.
I would also like to point out to the Secretary of Europe that POG besides "unintended consequences" Petropavlovsk Plc was/is a British Company even at this point and its real value is realistically over one billion dollars. However the UK administrators Opus Advice on Administration - Opus Restructuring & Insolvency are struggling to find a British Bank that will deposit UMMC's $600 million for the sale.
Thanks again for sticking with me, we really are the "unintended consequences" of these sanctions with ordinary hard working UK citizens paying a very high personal price for Putin's actions and the UK government response. We can supply you with all the names and details of their monetary losses.
Thanks again
Lawrence Jenkins
couple of things, as regarding sanction waivers helping POG , well that horse has bolted I'm afraid. However the government now comes into view as far as any compensation is concerned.
Another injustice to at least the UL pog ordinary investors , is the loss of their ISA allowances they may have used when buying POG shares. Now 20K per year.
MP's.
I'm still awaiting a further response from the Minister for Foreign, Commonwealth and Development Office Graham Stuart his email below
------------------------------------------------------------------------------------------------------------------------
GUYTON-DAY, Thomas
To:lawrence13@sky.com
Tue, 16 Aug at 16:28
Dear Lawrence,
I am writing as we have received a response from the Foreign, Commonwealth and Development Office:
“Dear Sally-Ann
Thank you for your correspondence of 27 June to the Foreign Secretary, on behalf of
your constituent, Mr Lawrence Thomas Jenkins, about safeguarding British investors, and about Russian oligarchs. I am replying as the Minister for Europe.
Our sanctions are targeted against those sectors and individuals close to Putin. Putin's
actions in Ukraine are unprecedented. As the PM and Foreign Secretary have acknowledged, our interventions to undermine Putin’s war machine and support the
Ukrainian people will inevitably have some impact on the UK economy, including for
independent investors. But as the Foreign Secretary said at Mansion House, there must
be nowhere for Putin to fund this appalling war.
With respect to the concern that some Russian oligarchs may benefit from sanctions by
taking advantage of Russian companies in difficulty, the Government seeks to ensure
sanctions measures are carefully targeted and avoid unintended consequences. We are
working closely with other Government departments to maximise the effectiveness of our
sanctions. The Foreign Secretary has established an Oligarch Taskforce drawing on
expertise from across government[.]
We are not giving a running commentary on which sanctions may or may not be in the pipeline, as it risks reducing their impact. That being said, nothing is off the table.
Since Putin’s invasion of Ukraine, we have sanctioned over 1000 Russian and
Belarusian individuals and over 100 businesses at the heart of, or supporting, Putin’s regime. This includes President Putin, Foreign Minister Sergey Lavrov and Russia’s
leading oligarchs with an estimated combined net worth of £172 billion.
Yours ever,
Graham Stuart MP
Minister for Europe”
Strike123<< Have you been in touch with your MP??? A petition is good, but it is not easy to reach 10k; based on the Panorama documentary on FCA if we can get support from multiple MP's we may be able to get a judiciary review or departmental review on the adverse financial consequences on UK POG shareholders. I know at least 3 MP's have been contacted, my suggestion would be to do a group letter and try and get about 10 MP's all copied in. Hopefully we could get a group of MP's to properly look at this, and not just the palm off template letters from FO.
Lawrence, I sent you email
"Money is a measure of time and energy, it is a fact when you increase poverty you reduce opportunity and life expectancy. People up north live 10 years less on average than people down south (i.e. London etc). It is not just a case people with pensions and savings have been wiped out, but everyday households are struggling. Meanwhile so far they are offering only 6 month support to businesses with energy, a glass kiln maker has seen their costs go from 12k to about £200k, pubs from around £15k to 57k. Moreover, the supply chain collapse is going to increase starvation in less developed countries."
Thank you Finders. I think the above should be added to the petition to support why sanctions must be removed as they hurt us more than Putin.
Lawrence<< Keep me updated on how you get on this week. Do you think it would be a good idea to try and get your MP to liaise with mine and perhaps Nathans and try and get some momentum on government accountability???
Here's some interesting questions:
How much money did the UK government accept from stamp duty in the 20+ years of POG listing?
Did the UK government willing continue to accept stamp duty from a company they put under Sanction?
After willing accepting stamp duty for 20+ years how much notice did you provide investors that you were going to isolate Russia and roll back finance on the stock market?
When planning the Sanctions in September 2021 did you pre-warn other MP's or Banks or provide any notice to investors?
buckeye<< 'I'm an investor in Evraz, but sanctions should and will stay in place while a brutal regime commits gross acts on its neighbour and I support that.'
Sanctions have not met the basic criteria of implementation 'effective, dissuasive, proportional.' To suggest removing them is in Putin's playbook and is not causing mass civilian harms is either a lack of understanding or suspicious.
Money is a measure of time and energy, it is a fact when you increase poverty you reduce opportunity and life expectancy. People up north live 10 years less on average than people down south (i.e. London etc). It is not just a case people with pensions and savings have been wiped out, but everyday households are struggling. Meanwhile so far they are offering only 6 month support to businesses with energy, a glass kiln maker has seen their costs go from 12k to about £200k, pubs from around £15k to 57k. Moreover, the supply chain collapse is going to increase starvation in less developed countries.
Do Sanctions still seem like a good idea???
Were you taught at school that two wrongs make a right???
Oh, ok, thanks Lawrence
Red that email was April this year
"The main point of the petition is that sanctions have not had any influence on Putin as he continued the war. UK citizens are suffering as a result of sanctions and not Putin."
So this is the Kremlin playbook. Try to reshape the narrative around sanctions to say they hurt Europe more than Russia. Try to play on individual's selfishness to build a perception that it would be better to end the sanctions. Try to move the conversation away from the reason we have sanctions in place (invasion, atrocity, rape, torture and death) and make people feel like they're the ones who are suffering.
I'm an investor in Evraz, but sanctions should and will stay in place while a brutal regime commits gross acts on its neighbour and I support that.
That's a good idea Lawrence; what you suggested about sanctions busting. But I'm wondering I am sure that would have occurred to them if they genuinely wanted to save the company.
But then, I am also surprised at John still replying; or maybe he is just humouring you.
I have no idea, since I don't know the full extent, or context, of your conversations, I am at loss to parse any meaning from them.
Idiot. Can't remember my own email; OK try again. lawrence13@sky.com
lawrence13@sky.net
Lawrence, I don't have your email id. Pls send.
I met Sally Anne Hart but not James Cleverly I posted the letter e sent on POG telegram
Strike123 have you emailed me before
Lawrence, you were alone when you questioned the MPs and that is why they were arrogant calling stupid to invest.
If we do an online petition with 10k signatures then they can see who the stupid are that took stupid decisions which only helped Putin and not UK.
Pls can you add more if anything that I missed in that draft petition that I wrote and we can then submit it today online via petition.org. We should then share the link to get more signatures.