spending cuts

Thousands expected at anti-austerity demonstration

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https://morningstaronline.co.uk/article/thousands-expected-anti-austerity-demonstration

 People take part in the People’s Assembly Britain is Broken national demonstration in central London, November 5, 2022

AHUGE demonstration is being held in central London tomorrow to “send a message” to the government over spending cuts and welfare reform.

The People’s Assembly said it expected thousands of trade unionists, campaigners and activists to attend the protest.

The campaign group accused the government of making spending cuts that target the poorest in society.

A spokesperson said: “The adherence to ‘fiscal rules’ traps us in a public service funding crisis, increasing poverty, worsening mental health and freezing public-sector pay.

“Scrapping winter fuel payments, keeping the Tory two-child benefit cap, abandoning Waspi women, cutting £5 billion of welfare by limiting PIP [personal independence payments] and universal credit eligibility and slashing UK foreign aid from 0.5 per cent to 0.3 per cent of GDP, while increasing defence spending to 2.5 per cent of GDP, are presented as ‘tough choices.’

“Real tough choices would be for a Labour government to tax the rich and their hidden wealth to fund public services, fair pay, investment in communities and the NHS.”

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Article continues at https://morningstaronline.co.uk/article/thousands-expected-anti-austerity-demonstration

Keir Starmer says that the Labour Party under his leadership all feel a small part of Scunthorpe.
Keir Starmer says that the Labour Party under his leadership all feel a small part of Scunthorpe.
Keir Starmer confirms that he's proud to be a red Tory continuing austerity and targeting poor and disabled scum.
Keir Starmer confirms that he’s proud to be a red Tory continuing austerity and targeting poor and disabled scum.
Continue ReadingThousands expected at anti-austerity demonstration

Reeves plans new cuts as economy sags

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https://morningstaronline.co.uk/article/reeves-plans-new-cuts-economy-sags

Chancellor of the Exchequer Rachel Reeves during a meeting at Downing Street in London with regulators. She is expected to use the meeting to announce more detail on how the Government will cut the cost of regulation by a quarter and set out plans to slim down or abolish regulators themselves, March 17, 2025

CHANCELLOR Rachel Reeves is set to announce a huge new programme of spending cuts as unemployment rises and anger at Labour’s assault on disability benefits mounts.

She will use her spring spending statement next week to unveil a fresh austerity programme as the government continues to rule out tax rises on the wealthy as an alternative.

Despair is turning to anger among backbench Labour MPs and trade unions at the government’s course, which is already seeing Labour plunge to record lows in the opinion polls.

Ms Reeves’s death-wish economics come as official statistics showed joblessness increasing, including among young workers.

Unemployment is up by 0.1 per cent, with a youth unemployment rate of 12.9 per cent.

Commenting on the figures, Public and Commercial Services union general secretary Fran Heathcote said: “The labour market figures today highlight the cruelty of the government’s reforms to disability benefits.

“Unemployment is rising, and the wider measure of underemployment is now at 4.75 million with only 816,000 vacancies in the economy — meaning there are already nearly six people chasing every vacancy.

“Those figures exclude disabled people currently deemed unable to work or with only limited capacity for work.

“The reality is that the government’s proposals will not help disabled people off of benefits and into work, but off benefits and into deeper poverty.”

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Article continues at https://morningstaronline.co.uk/article/reeves-plans-new-cuts-economy-sags

Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Keir Starmer says pensioners can freeze to death and poor children can starve and be condemned to failure and misery all their lives.
Keir Starmer explains the moral case for cutting disability benefits. He says work will set you free.
Keir Starmer explains the moral case for cutting disability benefits. He says work will set you free.
Continue ReadingReeves plans new cuts as economy sags

Labour leader Keir Starmer under pressure to commit to higher taxes for super-rich as Tory government prepares spending cuts

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https://www.theguardian.com/politics/2022/nov/03/labour-mps-press-keir-starmer-to-set-out-wealth-tax-plans

The Labour leader, Keir Starmer, is under pressure from campaigners, unions and his own MPs to set out plans for “wealth taxes” on the richest in society in order to support public services and help the poorest through the cost of living crisis.

As the government prepares to cut spending to fill an estimated £35bn black hole in the nation’s finances, calls are growing for higher taxes on the super-rich, many of whom have seen their fortunes soar during the pandemic.

Richard Burgon, the Labour MP for Leeds East, said: “While living standards are plummeting for most people, it’s been boom time for the super-rich, whose wealth has soared to record highs in recent years.”

Starmer, who is trying to position his party in the centre ground, has avoided committing to higher taxes on private incomes as Labour seeks to woo the City and businesspeople angry at the damage caused by the Conservatives’ mini-budget. But that approach is causing concern on his backbenches and more widely, with the Greens calling Labour “timid” on wealth.

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Molly Scott Cato, the Green party’s spokesperson on finance, said: “The Tories have created a big hole the public finances but there is an obvious place to look to fill it: taxing the super-rich. Not only do they have the broadest shoulders but they also increased their wealth during the pandemic because of enforced savings.

“What is more surprising is to find Labour being so timid on wealth taxes. Their proposal to abolish non-dom status will only bring in a few billion while a proper wealth tax could yield tens of billions. We’ve now got two weeks for Labour to remember their egalitarian roots and support loud and growing calls for a wealth tax. Otherwise they will be colluding in the devastating cuts to public services that are being cooked up by the millionaires in Nos 10 and 11 Downing Street.”

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https://www.theguardian.com/politics/2022/nov/03/labour-mps-press-keir-starmer-to-set-out-wealth-tax-plans

Continue ReadingLabour leader Keir Starmer under pressure to commit to higher taxes for super-rich as Tory government prepares spending cuts