Socialist Worker

Economic crisis


Tories plan a budget for the bosses

23 February 2021
Chancellor Rishi Sunak’s budget announcement next Wednesday will lay out the plan for who pays for the crisis—and he’ll be pushing to make sure it’s ordinary people.

Keir Starmer speech shows he has not broken with the bosses

18 February 2021
Labour leader Keir Starmer seemed to offer a change from “business as usual” in a speech on Thursday billed as a significant break from Tory politics.

Jobs slaughter shows up the chaos of capitalism

26 January 2021
Unemployment figures on Tuesday showed the continuing jobs slaughter.

Stock market booms as economy suffers

19 January 2021
The most bizarre single feature of capitalism is probably the stock market. It seems to have the ability to defy mere economic reality.

Beware of Biden’s empty promises

19 January 2021
 Joe Biden was set to become US president on Wednesday this week, but don’t think that means ­justice for black people or an end to attacks on workers.

A wealth tax could generate billions but the Tories attack working people instead

10 December 2020
Instead of attacking working class people and key services, vast amounts of money could be raised by taxing the rich.

Bosses snatch millions in dividends while they dole out job cuts

02 December 2020
While poverty, food bank use and unemployment rocket, big bosses are once again cashing in on the pandemic.

The pandemic, debt and economic power

01 December 2020
The Covid-19 pandemic has caused an enormous jolt to the world economy. We are in the midst of the biggest global slump since the Great Depression of the 1930s.

Letters—Free period products provision in Scotland is a win for women

27 November 2020
This week in Scotland marked a victory for grassroots campaigners who have fought a long battle for free and fair access to menstrual items.

Fight Rishi Sunak’s pay attack on workers in public sector

24 November 2020
Tory chancellor Rishi Sunak is set to announce a fresh public sector pay cap this week as part of new budget plans.

‘They are putting profit first’—residents in Hull speak out as virus cases soar

20 November 2020
Hull has become the worst-hit city by coronavirus in Britain. The week to 13 November saw 761 confirmed cases per 100,000 people. The second highest-hit place was Hartlepool, with 597.

A fine scapegoat for many Tory failures

16 November 2020
Dominic Cummings’ stagey departure from 10 Downing St, like a pantomime Demon King, was one of the few happy moments in a terrible year. But what does it really mean? 

Joe Biden can’t contain the deep bitterness that exists in the US

26 October 2020
It was one of Bill Clinton’s advisers who coined the slogan, “It’s the Economy Stupid!” But this has been Donald Trump’s recipe for getting re-elected.

Tories scramble to prop up business

22 October 2020
The Tories fear that their policies are leading to an economic catastrophe, but they are bailing out the corporations rather than workers

People Before Profit launch emergency jobs programme

26 September 2020
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”.

Sunak gives bosses another bailout while workers still face job and pay cuts

24 September 2020
Tory chancellor Rishi Sunak announced another bailout package for bosses on Thursday as the coronavirus crisis deepens.

Billionaires are still cashing in on the Coronavirus crisis

15 September 2020
“Pandemic be damned”. That’s the message from Forbes, which calls itself “the defining voice of ­entrepreneurial capitalism.”

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.

Bosses axe thousands more jobs

24 August 2020
The jobs massacre continues across Britain, as does an almost total lack of response from union leaders.

Workers face a jobs massacre - and the worst is still ahead

18 August 2020
Britain is heading for unemployment levels “not seen since the Great Depression of the 1930s”, a think tank has warned. It comes after the economy officially entered a recession.

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