Posts under ‘Industry’

Labour must outflank the SNP from the Left

by Neil Findlay.

This article was written prior to the resignation of Johann Lamont and is reposted here because it is a clear political statement by someone who many on the Left in Scotland would like to see as the next leader of Scottish Labour, and covers the same ground as Neil’s speech to the Campaign for Socialism conference […]

Near-universal call for industrial recovery blocked by 3 party austerity obsession

by Michael Meacher.

A YouGov poll this week says 85% want the next government to promote a stronger UK manufacturing base, with 62% believing it will give the country more economic security. They’re absolutely right of course, and that is the centrepiece of my book The State We Need: Keys to the Renaissance of Britain. But it isn’t going […]

Where’s accountability over Shaun Wright, Rotherham child care, police apology 3 years late?

by Michael Meacher.

I never expected, having called for bankers, doctors, business executives, MPs, police, media to be held to account for serious wrongdoing by sacking and/or prison in the worst cases, that the imperative for such accountability would be so quickly manifested. On 26 August Sir Bernard Hogan-Howe, the Metropolitan Police Commissioner, was finally forced to apologise, […]

The SNP vision of a deregulated Scotland is reason enough to vote No

by Richard Leonard.

Vision is essential in politics. It illuminates the possibility that things could be different, better and inspires people to not just believe in change, but to be driven to do something about it. That’s why it will play a big part in determining the outcome of next month’s referendum on the question of a separate […]

Holding public figures to account must lead to prison in worst cases

by Michael Meacher.

Once again it is instructive how they do things in the US, the citadel of capitalism, which is so very different from the secretive British State which protects its elites even from their worst wrongdoings. The Bank of America has just been fined $16.7bn for misleading investors in its mortgage-backed securities, a colossal sum which […]

Time for Labour to speak out on corporate governance

by Michael Meacher.

Whilst the economic debate surges around austerity, recession and claims of recovery, it’s remarkable that next to nothing is being said about the flaws of corporate governance. As a result the dominant theme of shareholder value is accepted almost without question. Yet it is deeply compromised both in theory and in practice. Most obviously it […]

Rebalancing the economy will never happen without dedicated government input

by Michael Meacher.

All parties are in favour of rebalancing the deeply lop-sided and grossly imbalanced British economy, but it isn’t happening. It’s true that Jaguar Land Rover achieved a 14% year-on-year increase in sales in the first half of this year and that the company (owned by the Indian conglomerate Tata) is one of the UK’s largest […]

Fall in construction output shows Osborne “recovery” has lost momentum

by Michael Meacher.

The latest economic figures revealing a shock fall in construction output of more than 1% between April and May this year are alarming, but might be brushed off as an isolated quirk if all the other evidence pointed the other way. But it doesn’t. The construction slowdown is matched by an unexpected slump in factory […]

Training and the ‘forgotten 50%’

by Grahame Morris.

For too long there has been an assumption that the best path to success for young people is via the conventional academic route. That kind of thinking is now out of date. For a 14 year old following the traditional academic route there is a clear route through GCSEs to A’ levels and on to […]

Capital strike: global corporations hoard cash and refuse to invest

by Michael Burke.

The world’s largest companies are hoarding cash and cutting productive investment at the same time. The Financial Times reports a survey from one leading ratings’ agency, Standard & Poor’s, which shows that the 2,000 largest private firms globally are sitting on a cash mountain of $4.5 trillion, which is approximately double the size of Britain’s annual GDP. […]

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