Morning Star: Mass action is the antidote to Labour-Tory policy consensus

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https://morningstaronline.co.uk/article/editorial-mass-action-antidote-policy-consensus

Shadow chancellor Rachel Reeves speaking about the economy at the Association of British Insurers in the City of London, May 7, 2024

“LABOUR and the Tories move closer on economy.”

Thus a headline in the Financial Times last week. The FT speaks not just to and for British finance capital, but to capitalists worldwide needing a steer on British and international politics.

Unlike the bought-and-paid-for Tory press, it usually does so without demagogy or partisan point-scoring. Its conclusions are therefore to be taken seriously.

It writes: “Despite being the official opposition, Labour has signally refused to oppose many of [Jeremy] Hunt’s recent economic policies…” including the cuts to National Insurance.

Further: “Hunt set out 110 measures to boost the economy in his 2023 autumn statement and Labour opposed none of them. The same applied to all of the policies announced in the chancellor’s spring budget this year.”

Shadow chancellor Rachel Reeves has also agreed with all Chancellor Hunt’s financial services reforms, has accepted his target of ensuring falling debt as a share of national income within five years, and adopted his corporation tax rate.

The Tories have repaid the compliment up to a point, stealing Labour proposals on taxing non-doms and the North Sea oil and gas industries.

But this convergence is mainly on Tory terms, with Labour dumping any proposal, like its green investment plans, which sit outside the consensus around a new austerity.

For that is what is on offer at the general election. It is a further squeeze on public services and wages to help improve the competitive position of British capitalism.

Reeves and the Labour Party pretend that their approach represents “change” because it offers “stability” after years of Tory chaos.

https://morningstaronline.co.uk/article/editorial-mass-action-antidote-policy-consensus

Continue ReadingMorning Star: Mass action is the antidote to Labour-Tory policy consensus

This chart perfectly sums up how badly the Tories have ruined the economy

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https://leftfootforward.org/2023/11/this-chart-perfectly-sums-up-how-badly-the-tories-have-ruined-the-economy/

While Jeremy Hunt was keen to portray an optimistic picture of his autumn statement, bragging about tax cuts and how he was ‘growing the economy’, even though the facts show otherwise

The below chart illustrates just how bad this Parliament is for household income growth. So much for the Tories being the party of sound finances.

This parliament worst on record for household income growth (Picture credit: Resolution Foundation)
This parliament worst on record for household income growth (Picture credit: Resolution Foundation)

https://leftfootforward.org/2023/11/this-chart-perfectly-sums-up-how-badly-the-tories-have-ruined-the-economy/

Continue ReadingThis chart perfectly sums up how badly the Tories have ruined the economy

Unions accuse multimillionaire Chancellor of ‘waging war on working people’

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Striking members of the National Education Union (NEU) on Piccadilly march to a rally in Trafalgar Square, central London, in a long-running dispute over pay. Picture date: Wednesday March 15, 2023.

https://morningstaronline.co.uk/article/b/unions-accuse-multimillionaire-chancellor-of-waging-war-on-working-people

THE Tories are “waging war on working people,” unions warned today as Chancellor Jeremy Hunt’s Budget coincided with a massive day of strikes by hundreds of thousands of workers nationwide.

Unions slammed the ex-Tory leadership candidate’s “fiscal event” for failing to tackle pay disputes across the country, with teachers, university lecturers, civil servants, junior doctors, London Tube drivers and BBC journalists all downing tools today.

As Mr Hunt delivered his speech, thousands of workers rallied outside.

They gathered as the Office for Budget Responsibility, which the former health secretary praised for predicting Britain would now avoid a technical recession this year, warned that people still face the biggest fall in living standards on record.

https://morningstaronline.co.uk/article/b/unions-accuse-multimillionaire-chancellor-of-waging-war-on-working-people

Chancellor of the Exchequer Jeremy Hunt leaves 11 Downing Street, London, with his ministerial box, before delivering his Budget at the Houses of Parliament. Picture date: Wednesday March 15, 2023.

Hunt’s Budget ignored pay and public services – it’s high time the Westminster bubble was burst

BRITAIN’S biggest strike surge in decades was the elephant in the room, almost ignored in the Chancellor’s Budget speech.

The huge strike march winding through Whitehall wasn’t referenced by either front bench. Yet the demands for proper pay rises and investment in public services it championed speak more directly to people’s concerns than any of Jeremy Hunt’s headline announcements.

Hunt referred vaguely to inflation as the cause of industrial disputes — before dishonestly citing it as the reason the government is denying workers the pay rises they need and deserve.

His dishonesty didn’t end there. The government is doing everything it can to resolve the disputes, the Chancellor claimed.

Hunt’s Budget ignored pay and public services – it’s high time the Westminster bubble was burst

Continue ReadingUnions accuse multimillionaire Chancellor of ‘waging war on working people’

‘A real and present danger’: NHS cuts will put lives at risk, health leader warns

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The lying EU bus promoting money for the NHS when all the anti-EU shites are anti-NHS Neo-Liberal shites.
The lying anti-EU bus promoting money for the NHS when all the anti-EU shites are anti-NHS Neo-Liberal shites.

https://www.theguardian.com/society/2022/oct/23/a-real-and-present-danger-nhs-cuts-will-put-lives-at-risk-health-leader-warns

Raiding the NHS budget or scrapping plans to rebuild crumbling hospitals would plunge the health service into its deepest crisis in decades. This was the stark warning this weekend from Matthew Taylor, chief executive of the NHS Confederation, who said the government is “living in a fantasy land” if it believes it can cut funds to the NHS without endangering patients.

Jeremy Hunt promised spending cuts of “eye-watering difficulty” last week after becoming chancellor of the exchequer. Yet he also did not reverse his predecessor Kwasi Kwarteng’s decision to scrap the £7bn health and social levy that had been earmarked for the NHS.

Taylor, whose organisation represents hospitals, ambulance trusts, mental health care, community care and GP services, said his members were issuing the “starkest warning” about “the huge and growing gulf between what the NHS is being asked to deliver and the funding and capacity it has available”.

https://www.theguardian.com/society/2022/oct/23/a-real-and-present-danger-nhs-cuts-will-put-lives-at-risk-health-leader-warns

Apologies for bad news Sunday, this blog doesn’t do denial of reality.

Continue Reading‘A real and present danger’: NHS cuts will put lives at risk, health leader warns