01 September 2020
As millions of people fear for their jobs, bankers and bosses celebrated a bonanza on the stock market.
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.
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
08 July 2020
Sunak’s Summer Statement was a mix of ineffectual half-measures and attacks on the working class
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.
30 June 2020
Boris Johnson’s promise this week of a “new deal” marked the latest dishonest move in a decade of Tory austerity.
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.
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.
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”.
11 May 2020
The bank of England’s latest monetary policy report is a classic example of bad news and good news. The bad news is that the British economy will shrink by 14 percent this year.
09 May 2020
Some of the world’s most high-profile polluters are faltering in the coronavirus crisis. And already, it seems like good news for the environment.
05 May 2020
The Coronavirus pandemic represents a crisis that is simultaneously biological, economic, and political
28 April 2020
When the working class is faced with global crises, an internationalist response is needed. The coronavirus outbreak is clearly one such crisis.
25 April 2020
A global pandemic has exposed just how fragile the world economy already was. Tomáš Tengely-Evans examines why capitalism constantly creates economic crises
21 April 2020
On Monday night the price of West Texas Intermediate oil, used as a benchmark in oil pricing, plunged by over 300 percent to almost minus $40 dollars a barrel.
16 April 2020
Don’t listen to bosses bleating about corporate hardship, they are still preparing to deliver tens of billions of pounds in dividends to shareholders.
06 April 2020
More than 20,000 workers at Debenhams fear for their jobs after the company began its third insolvency process in a year on Monday.
06 April 2020
There’s an old cliche about the economy falling off a cliff. This time it really has, all over the world.
22 March 2020
During times of turmoil, the ruling class will tell us to come together. Behind this is the drive to keep making profits writes Nick Clark
10 March 2020
Bosses must not be allowed to make ordinary people pay for coronavirus or the chaos in the financial markets.