Posts under ‘Public services’

Wages, profits & investment In Greece

by Michael Burke.

The IMF has placed a road-block in the way of a deal with the Greek government and it remains unclear whether any agreement can be reached. The prior agreement which the IMF rejected was itself already very onerous. But the IMF wants to shift the burden of paying for the crisis away from taxes on […]

Privatising RBS: a triple whammy against taxpayers, economy and reform

by Michael Meacher.

Why sell off the 80% stake in RBS when the Brown government bailed it out in 2008 at a cost to taxpayers of £45bn, yet today’s share price would fetch only some £32bn? That’s a £13bn loss for taxpayers which, as it happens, is almost exactly the sum that Osborne is pledged to raise by […]

The NHS may yet sink the Tories

by Michael Meacher.

The NHS is deteriorating fast, faster and more seriously than many of the public yet realise. Nearly half a million patients waited more than 4 hours in A&E for treatment, referral or discharge in the last quarter of 2014, half as many again as in the previous quarter and the worst performance for over a […]

How Labour & Social Democrat MEPs are fighting for the millions who oppose ISDS

by Jude Kirton-Darling.

Jude Kirton-Darling, Labour MEP for the North East of England and European Labour Party spokesperson on TTIP writes in response to Professor Keith Ewing and John Hendy QC In an article published last Friday by the Morning Star and Institute of Employment Rights, Professor Keith Ewing and John Hendy QC accused Labour and Social Democrat MEPs […]

What can we expect from renewed austerity?

by Michael Burke.

The new Tory government will renew its austerity offensive shortly with the publication of an ‘emergency Budget’ on July 8. It is simple to demonstrate that the previous austerity programme caused the economy to grind to a halt (and with it the improvement in government finances). Supporters of austerity like to claim that austerity led […]

Housing is now financialised, like the rest of market capitalism

by Michael Meacher.

The enforced sell-off of housing association homes, at the same enormous discounts as under Right to Buy (£70,000+ for a flat and up to £102,000 for a house) is driven by the two Tory goals, not only to act as bribes for voters at election time, but also to bring homes as an asset into […]

The coming tabloid assault on charities

by Phil Burton-Cartledge.

A couple of straws in the wind, perhaps, but I have a feeling something’s a-brewing. Exhibit one: Olive Cooke, a 92-year-old poppy seller and giver to charitable causes took her own life after, apparently, being repeatedly pestered by cold callers asking for more cash (she already gave to 27 charities every month) and receiving dozens […]

4000 UK Uncut members in mass civil disobedience tomorrow in central London

by Newsdesk.

UK Uncut is planning a spectacular act of mass disobedience opposing austerity in central London tomorrow, with over 4,000 people expected to attend. Precise details of the action are being kept under wraps, but the group has promised bold, exciting and creative direct action at a prominent location. Protests are also being held in a […]

Osborne has as much chance of a budget surplus in 2018 as of the Titanic resurfacing

by Michael Meacher.

Osborne is telling another of his wheezing yarns which he’s much better at than solving real problems. His first yarn in 2010 was that he would eliminate the structural deficit by 2015; it turns out that it is currently £92bn. His next yarn today is that he will now eliminate it by 2017-8. Fat chance. […]

If Osborne cuts £30bn as promised, he can’t achieve his deficit reduction targets

by Michael Meacher.

Osborne is now mooting an emergency budget within the next few weeks to lay the foundations for the £30bn fiscal consolidation (aka cuts) to be announced in the autumn spending review. It is made up of £12bn welfare cuts, £13bn reductions in departmental expenditure (aka cuts in public services), and £5bn in tax avoidance measures. […]

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