Link to this page: http://www.socialistparty.org.uk/issue/492/2522
From The Socialist newspaper, 21 June 2007
Gordon Brown's 'coronation'
New PM... same old Bosses' agenda
>
Wealth gap widens
The wealth of the richest 1,000 people in Britain has more than trebled under Brown's stewardship. They had an income between them of £360 billion in 2006, which was £59 billion more than the previous year, an increase of 20%.
Britain's 54 billionaires last year paid only £14.7 million tax - just 0.1% of their incomes! The poorest fifth of the population pay nearly 10% of their income in direct taxes, and another 28% in indirect taxation.
Corporation tax on companies since 1997 has been cut from 33p to 28p.
>
Warmonger
Being known as 'Mr Prudent' hasn't stopped Gordon Brown wasting £76 billion of public funds on a replacement for the Trident nuclear missile programme.
He has also dug deep (£7.4 billion up to April 2007) to finance the bloody wars and occupations in Iraq and Afghanistan.
>
Privatisation
Brown has made it absolutely clear he will continue with Blair's privatising policies.
He will accelerate 'reform' in the NHS, and has earmarked another £50 million worth of public assets for privatisation.
£5 billion annually is currently handed over to private contractors, for treatment centres, GP services, etc.
>
Attacks on public sector
Many public-sector workers are raging at Brown's 2% wage limit, effectively a pay cut. Other battles are looming, such as against Royal Mail plans to axe 40,000 jobs and close a further 2,500 post offices.
200,000 civil servants were forced to take strike action on 1 May against huge job cuts, privatisation and pay cuts. Brown has spear-headed the attacks on the civil service. In 2004 he announced the axing of 104,000 civil service jobs.
Public sector occupational pensions have been attacked. Many face having to work longer, pay more in contributions and receive smaller pensions.
>
Pensions
In 1997 Brown gave big business the green light to cut workers' occupational pension schemes. Companies also took massive 'pension holidays' - they stopped paying employers' contributions - saving them £4,000 a worker every year.
A top UK company director can retire at 60 on a final-salary pension of £3 million. Whereas a majority of UK workers face retirement at 65 or later on inadequate pensions; a single person's state pension is a paltry £84.25 a week.
Brown's own pension will more than double when he becomes prime minister, to £123,000 a year.
Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.
In The Socialist 21 June 2007:
New PM... same old Bosses' agenda
Brown stresses 'continuity' with Blair
Manchester council swings the axe
Workplace news
Postal and post office workers demand action
National shop stewards' network
Workers must fight Ford sell-off plans
UNISON Leadership get a roasting from angry delegates
Greenwich UNISON wins concessions
Socialist Party NHS campaign
Stop Hatchet Hewitt's NHS plans now
Blood centre workers fight job cuts plan
Socialist Party news and analysis
Something for everyone at the summer camp
How Cadbury's keeps shareholders sweet...
War and terrorism
Palestinian infighting blows apart 'national unity' government
Socialist students and ISR
Have Scottish students got free education?
Workplace news and analysis
Deskilling and destaffing - Tube bosses' dream
PCS leadership recommends new deal to members
Global Warming
Turning the tide for alternative energy
International socialist news
South Africa - third week for public-sector strike
Home | The Socialist 21 June 2007 | Join the Socialist Party





Printable version
email to friend








