Posts under ‘Conservatives’

Deficit rise this year destroys any purported case for austerity

by Michael Meacher.

The latest ONS Quarterly National Accounts tell a very significant story. For the media it was immediately a matter of Osborne likely not being able to provide a pre-election giveaway in a big new tax break to be announced in his Autumn Statement on 3 December. But that isn’t the real point at all. A […]

The downward spiral: private debt rising, wages, productivity & inflation falling

by Ann Pettifor.

The Bank of England’s Andy Haldane is a fine economist. He occupies an ideology-free zone. This is highly unusual in central bank circles. He made a particularly skilful and nuanced speech last week. Many gushed over it. Gillian Tett of the Financial Times suggested that it was good enough to qualify Haldane as a journalist. […]

Support for staying in the European Union is at an all time high

by Phil Burton-Cartledge.

Calling it support might be a bit of a stretch but nevertheless this graph is interesting. Here’s your source. The professional pundits are probably right. This is a backlash of sorts against UKIP. The greater their presence is felt, the more their backwardness is plastered all over the media the stiffer the resistance to their blandishments becomes.

Tenants excluded as social housing flogged off in billionaire investor bazaars

by Michael Meacher.

MIPIM is the name of the sales fair to flog off Britain. This is the latest extravaganza of market fundamentalism which is now sweeping Britain. It is being pitched at this moment is a huge hall in London which brings together property developers, billionaire investors from all over the world and, incongruously, local council officials […]

What Tories really think of the minimum wage

by Grahame Morris.

David Cameron’s welfare minister has advocated treating those most in need differently by paying them below the national minimum wage. Lord David Freud, talking amongst friends at Conservative Party Conference, said he thought there was “a group” of disabled people who are “not worth the full wage”. Lord Freud is not the only Conservative seeking to […]

Osborne’s own policies shrink tax revenues, yet he cuts more to compensate

by Michael Meacher.

There are now unmistakeable signs that Osborne’s so-called economic recovery is fading, despite all the right-wing think tanks and pro-Tory media to talk it up. A survey of 7,000 businesses by the British Chambers of Commerce has just found that manufacturers have suffered a sharp slowdown in export orders, and even more significantly domestic sales […]

Self-employed to be removed from Health & Safety at Work protection

by Michael Meacher.

Next week the government is intending to push through legislation which will remove the cover which self-employed people have always received over the last 40 years since the passing of the Health & Safety at Work Act. Section 3 of this act currently places a duty on all employers and self-employed people to ensure, as […]

Cut corporate welfare not people’s welfare

by Michael Meacher.

Corporate welfare has been estimated in a University of York social policy study to cost British taxpayers nearly £85bn a year. That is not far short of the current level of the entire budget deficit which is still £100bn. If industrial-scale corporate tax avoidance were added in to the corporate welfare state, the cost to […]

Tory extremists go for broke over European Court of Human Rights

by Michael Meacher.

It has been said that Grayling’s inveighing against the European Court of Human Rights is to spike UKIP’s guns in denouncing the EU. It is much more likely to be spurred on by another Tory personality trait – the unyielding demand for control to mould everything in their own image: They concede greater devolution to […]

Tories: in hock to wideboys, economically dysfunctional and politically toxic

by Phil Burton-Cartledge.

It’s tempting. You see the insurmountable difficulties besetting the Tories, and their feeble firefighting efforts, and all you want to do is point and laugh. Heaven knows how much fun I’ve had doing it these last couple of years. Unfortunately, the remorseless grind of long term economic, cultural and political change is just as surely against […]

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