Economics

Greensill cashes in with your cash

Greensill Capital has recently provided tens of millions of pounds of British government-guaranteed loans to two companies that employ just 11 people.

European economies are headed for crash

The political disarray the pandemic is causing in Britain and the United States has made the European Union (EU) look good by comparison.

Donald Trump's four years of horror

Isabel Ringrose looks at Donald Trump’s four years in the White House, and examines the way in which his every move has been met with a fight from below

Resist the drive for profit that is killing us

Capitalism keeps a tiny minority of people rich off the back of work that is done by the vast majority of people.

People Before Profit launch emergency jobs programme

Labour MPs, trade unionists, campaigners and socialists have joined forces to call for a “fightback across workplaces and communities to demand ordinary people won’t pay for the crisis”.

Workers in grip of the economic crisis speak out—millions face jobs misery

With the future of the government’s furlough scheme in doubt, and with hundreds of firms axing jobs, a wave of fear is spreading

Misery for workers as hundreds of thousands to lose jobs

14 September 2020
Unemployment will be the worst “in at least a generation” by the autumn as Tories and bosses try to make workers pay for the coronavirus crisis.

This is a crisis of capitalism, not virus lockdowns

01 September 2020
As millions of people fear for their jobs, bankers and bosses celebrated a bonanza on the stock market.

£563,000 to consultants for six weeks work on ‘narrative’

25 August 2020
Consultants McKinsey was paid more than half a million pounds by the British government for “six weeks of work” to decide the “vision, purpose and narrative” of a new public health authority in England.

Billions for bosses—job losses for us

11 July 2020
Vast bailouts are being gifted to the bosses to boost the economy. But this won’t stop businesses from cutting jobs and the wages of workers

Rishi Sunak’s ‘kickstart’ scheme is an attack on workers that must be fought

08 July 2020
Sunak’s Summer Statement was a mix of ineffectual half-measures and attacks on the working class

New Tory handouts will only help bosses

06 July 2020
Tory chancellor Rishi Sunak was set to deliver his summer statement on Wednesday this week. It was expected to include a raft of measures in an attempt to prop up the British economy.

Johnson’s ‘new deal’ to bail out system

30 June 2020
Boris Johnson’s promise this week of a “new deal” marked the latest dishonest move in a decade of Tory austerity.

Is EU singing from Hamilton songbook?

25 May 2020
Alexander Hamilton, one of the brilliant group of “founding fathers” of the United States and its first finance minister, was once remembered mainly because he was killed in a duel by vice president Aaron Burr in 1804.

Bosses will use debt crisis against poorest

18 May 2020
On the other side of the pandemic, many fear there will be a debt crisis. This fear is mainly motivated by the huge amounts of money governments are spending to prop up companies and subsidise wages.

Patel’s pretend praise for NHS migrant workers is so pitiful

18 May 2020
Just a few short weeks ago home secretary Priti Patel was showering praise on migrants working in health and social care. Their “extraordinary contribution” would be recognised she said while hinting that the huge fees they must pay to use the NHS would be “reviewed”.