Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/769/16869

From The Socialist newspaper, 12 June 2013

Them & Us

Hard times

Many people are struggling in these recessionary times, but spare a thought for our hard-pressed MPs. Unable to survive on a paltry backbench salary of 66,396 a year plus tens of thousands of pounds in expenses, some of them have been reduced to asking parliamentary questions for cash!

Take for example Tory grandee Tim Yeo, the former minister, who has been paid over 400,000 by three 'green' companies since 2009. He also has shares and options worth about 583,000 in these firms, as well as being a paid director and shareholder of Eurotunnel.

Nonetheless, down-on-his-luck Tim had to ask undercover reporters posing as reps from a green energy company for 7,000 a day salary for his services.

Tim's cash for questions offer follows last month's exposure of fellow Conservative MP Patrick Mercer who took 4,000 from undercover reporters posing as lobbyists for Fiji's dictatorial regime.

Misery without end

Will there be any public services left after mad axeman chancellor George Osborne is finished chopping? According to a joint study by the Institute for Government and the Institute for Fiscal Studies, Osborne's latest tranche of spending cuts could last until 2020. Such is the Coalition's deft handling of economic crisis the study reckons that the government is no further forward in tackling the deficit than it was when elected in 2010.

Mea Culpa

Speaking of tackling government spending deficits, the International Monetary Fund (IMF chief Christine Lagarde was recently quizzed by French judges over a payout made to tycoon Bernard Tapie when she was finance minister under former President Sarkozy) says it got its sums wrong over the damaging effect its austerity bailouts had on the Greek economy. Such an admission will do nothing for the 27% of Greece's workforce who are officially unemployed, with eight out of ten young people jobless.

Eye-watering

Struggling to pay bedroom tax, Council Tax and water charges? Turn yourself into a company and avoid paying any tax! It seems every large corporation is doing so.

The latest avoider is the UK's biggest water company, Thames Water. Despite making 549 million in pre-tax profits on revenues of 1.8 billion last year, as it raised customers' bills by nearly 7%, Thames paid no corporation tax. In fact it received 5 million credit from the Treasury.

That's enough to put a smile on Chief Executive Martin Baggs face, whose pay rose to 450,000 plus a handy bonus of 274,000. Mr 'money' Baggs is also expected to pocket a further 366,000 incentive payment next month.

Taxing concern

If customers wish to register a complaint over Thames Water's insatiable greed, they should avoid using Vodafone. The communications company also paid zero corporation tax, for a second consecutive year, notwithstanding sales of 5 billion in Britain and an operating profit of 294 million.

Gove failure

Education secretary Michael Gove's flagship policy of 'free schools' has taken a hit after the largest private sector provider of free schools in Sweden went belly up.

JB Education will sell 19 of its high schools and close down the remaining four, affecting around 10,000 pupils, after its private equity parent company decided to cut its losses.

In Sweden, private companies can set up profit-making free schools paid for by the government but run independently. Although UK free schools are run along not-for-profit lines, undoubtedly Gove envisages moving quickly towards the Swedish model.

Housing nightmare

The housing crisis continues to deepen with the number of people forced to live in temporary bed and breakfast accommodation rocketing by 14% (4,500 households) in the last year, in England.

Over 53,500 households are now registered as homeless - a five year high. In addition, 9,000 households have been put into temporary accommodation in areas outside of their local authority.

Government policies of discouraging social housing, cutting housing benefit, imposing a bedroom tax, and relying on private landlords, has led to a chronic housing shortage.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 12 June 2013:


G8 Summit protest

No to G8 austerity

Big brother is watching you


National Shop Stewards Network

Build for mass anti-cuts action


Socialist Party editorial

Labour crosses the Rubicon - again


Socialist Party news and analysis

How students beat unfair attendance policy

Far-right EDL march in Sheffield: class-based response needed

After Woolwich killing: Time for unions to lead anti-racist fight

Them & Us


Socialist Party reports and campaigns

Falkirk West: Labour bureaucracy blocks left Unite union candidate

Brighton: Green council continues to carry out Con-Dem cuts

Southamption byelection: On the TUSC Against Cuts campaign trail

Historic event as Tamils and trade unions forge vital links


Socialist Party workplace news

Mid Yorks health workers win important concessions

College lecturers strike against redundancies

MoJ privatisation victory + rolling strikes across civil service

Scotland: Council workers strike ballot

Teachers vote for action on workload and pensions

Workplace news in brief


International socialist news and analysis

Syria threatens sectarian middle east war

Fightback continues in Turkey


Unison conference

Unison conference - time to reclaim the union

Unison NEC elections - Socialist Party position strengthened


Socialist Party review

Panorama: Blacklist Britain


 

Home   |   The Socialist 12 June 2013   |   Join the Socialist Party

Subscribe   |   Donate   |   PDF  |   ebook






Related links:

Housing:

triangleThe Socialist Inbox

triangleRough sleeping crisis: make homes, not arrests

triangleLabour council Blairites deselected

triangleTory housing policy: build zilch, hike prices

triangleThem & us

Tax:

triangleTrump's tax plan: Robin Hood in reverse

triangleThem & us

triangleTrump's tax attacks

trianglePFI privateers dodge tax

Schools:

triangleOpposition to new academy school being built on Leeds playing fields

triangleTeachers, students and parents demand an end to the schools funding crisis

triangleSchools "can't go any further" - stop the cuts: set deficit budgets now

Government:

triangleLocal government pay: fight for the 5% claim, fully funded

triangleIrish capitalist state: rotten to the core

News and socialist analysis

News and socialist analysis

8/12/17

Government

Local government pay: fight for the 5% claim, fully funded

6/12/17

Labour

Corbyn's Labour can defeat Tories with socialist programme

6/12/17

NHS

Branson sues NHS: kick out the profiteers

6/12/17

Immigration

Royal wedding exposes them-and-us visa system

6/12/17

Banks

RBS to sack 1,000: nationalise the banks

6/12/17

Homelessness

Rough sleeping crisis: make homes, not arrests

6/12/17

Poverty

End Tory war on poor

6/12/17

Rail

Nationalise rail now

29/11/17

Them & Us

Them & us

29/11/17

Homes

Tory housing policy: build zilch, hike prices

29/11/17

Wages

Make the Tories history

29/11/17

Birmingham

Birmingham bin workers win!

29/11/17

British economy

Amber warning lights flash on British economy

23/11/17

Pay

After the budget - unions must launch pay fight

22/11/17

Climate change

Carbon dioxide hits 800,000-year high: end profit-driven pollution

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle8 Dec Local government pay: fight for the full 5% claim

triangle6 Dec Strikers rally in Liverpool

triangle6 Dec Corbyn's Labour can defeat Tories with socialist programme

triangle5 Dec Victory at Glenfield shows people power can save our NHS

triangle5 Dec Labour council Blairites deselected

triangle30 Nov Victory: Glenfield Children's Heart Centre saved!

triangle30 Nov Dramatic retelling of Grunwick strike

More ...

triangle12 Dec Birmingham South East Socialist Party: Can the Labour Party be changed?

triangle12 Dec Liverpool Socialist Party: Fighting council cuts

triangle13 Dec Caerphilly Socialist Party: Are we heading for an era of war?

triangle14 Dec Wakefield Socialist Party: Universal Credit - the Tories' latest assault on the poor

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

December 2017

November 2017

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2