Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/950/25515

From The Socialist newspaper, 24 May 2017

Work doesn't pay: Tory policies have meant another wages cut

Corbyn pledges higher minimum wage, end of public sector pay cap, ban on zero-hour contracts

Cleaners fighting for the living wage and sick pay, photo Paul Mattsson

Cleaners fighting for the living wage and sick pay, photo Paul Mattsson   (Click to enlarge)

Suzanne Beishon

While wages still sit 16 a week below their 2008 pre-recession peak, government figures have shown that the Tories have pushed pay 'growth' back below inflation.

The jelly legs of Theresa May's "strong and stable" government have again been exposed as wobbling.

With average earnings crawling up by 2.1% year on year - although falling in real terms - in the first three months of 2016, inflation of 2.3% has meant yet another real-terms cut in workers' meagre incomes.

The Trade Union Congress recently ranked Britain, one of the richest countries in the world, at 103rd on its global ranking of pay growth, with inflation undercutting any rises.

The Tories and their media baron friends have worked hard to paint the picture of May's party usurping Labour as the party for working people, but the reality is quite the opposite. Under the Tories it has been shown time and time again that work doesn't pay.

Nurses are being forced to use food banks as nurses' union RCN threatens its first strike in history over pay. And two-thirds of children in poverty now come from working households. These are just two damning examples of the devastating consequences of prioritising the wealth of the elite.

In fact, by 2022, around 16 million will be living below the breadline, based on proportions in a study by the Institute for Fiscal Studies. The Conservatives under May have leapfrogged Margaret Thatcher's poverty figures, including plunging almost a million more children into poverty than there were under the loathed milk snatcher.

Record employment levels mask an underbelly of zero-hour contracts and massaged figures. All this means that, for the first time in the post-war era, high employment hasn't seen significant wage increases.

The Tory manifesto maintains it will keep the public sector pay cap in place, while also promising to uphold their previous pledge to cut corporation tax to 17% by 2020.

It's clear where their priorities lie. Not with the many. For the few.

Meanwhile, Jeremy Corbyn's manifesto has promised to smash the pay cap and raise the minimum wage. Combined with his pledge to scrap zero-hour contracts, that could start to reverse the Tories' wage collapse.

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


In The Socialist 24 May 2017:


What we think

Manchester bombing: unite against terror, war and racism


Socialist Party news and analysis

Corbyn in - Tories out

Corbyn's pledge: free education - May's plan: hike fees

May's 'dementia tax' wobble vs Corbyn's extra funds

Theresa 'Lunch Snatcher' May vs Jeremy 'free meals' Corbyn

Work doesn't pay: Tory policies have meant another wages cut

Tory oil spoils v poisonous air

Single market = TTIP


Corbyn and Brexit

Corbyn and Brexit: Why a socialist approach to the EU is the only way forward


Bias in the bosses' media

The media, May and the general election


Socialist Party reports and campaigns

Wave after wave: 5,000 at 'rock festival' Corbyn rally in Hull

Things are changing: 20,000 sing for Corbyn at Wirral rock festival!

Socialist Students call on chicken May to debate Corbyn

Blairite warmonger misses chance to fight on Corbyn's popular policies

March of 5,000 against Tory plans to cut 1,000 Bristol teachers

Labour council's threat to children's care centre

Newcastle: fresh faces and the fight in Labour


Workplace news and analysis

Argos: aggressive bosses met by determined strike

Human rights workers strike in support of sacked union members

Window workers walk out after seeing through contract changes

Third strike against driver-only operated trains suspended but dispute continues

Manchester: housing maintenance workers plan strikes every week

PCS DWP conference 2017

Workplace news in brief

National Shop Stewards Network conference


International socialist news and analysis

Trump regime faces deepening crisis

International news in brief


Socialist readers' comments and reviews

'From Militant to the Socialist Party' - new book now available

Gentrification, class and race in Brixton film

Capitalist journal's warning to the bosses: Marx was right, watch out!

The Socialist inbox


 

Home   |   The Socialist 24 May 2017   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Pay:

triangleArriva North West bus drivers strike over pay

triangleRoyal Mail bosses block strike - back postal workers

triangleNorth London hospital workers fight cuts and job losses

triangleUnite local government sector plans strike ballot

triangleWhat we saw

Wages:

triangleObesity epidemic: end food market anarchy

triangleCapitalism and human progress

triangleTravel chaos for Ryanair customers as airline cancels thousands of flights

triangleEnd poverty pay for sleep-in care workers

Zero-hour contracts:

triangleYoung people being strangled by debts

triangleUsdaw elections announced - fight for a left leadership, vote for Amy Murphy

triangleMcStrike against low pay

Public sector:

triangleConference on state spies: who's watching who?

triangleTories scrap the NHS pay cap: now fight for real-terms pay rises!

Minimum wage:

triangleThem & Us

Tories:

triangleHundreds turn out for rally aimed at removing west Wales Tory MP

Inflation:

trianglePCS ballots members on the pay cap

Poverty:

triangleNasty party imploding...drive out the Tories

News and socialist analysis

News and socialist analysis

19/10/17

Refugees

Hundreds of torture victims wrongly detained

18/10/17

Brexit

Tories torn - bin them now

18/10/17

What we saw

What we saw

18/10/17

Food

Obesity epidemic: end food market anarchy

18/10/17

NHS

Tories scrap the NHS pay cap: now fight for real-terms pay rises!

18/10/17

Debt

Young people being strangled by debts

13/10/17

Labour

The end of the Tories?

11/10/17

Tories

Nasty party imploding...drive out the Tories

11/10/17

Black history

The fight against racial discrimination is tied to fighting against capitalist austerity

11/10/17

Housing

Housing crisis: Corbyn's positive measures blanked by Labour's right

11/10/17

Universal Credit

Major attacks 'Universal Credit', half a million more face poverty

11/10/17

Them & Us

Them & Us

11/10/17

NHS

NHS meltdown - fight the Tory cuts

11/10/17

IMF

IMF helps cause inequality it slams

4/10/17

NHS

Tories wreck our NHS

triangleMore News and socialist analysis articles...


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

triangle19 Oct Arriva North West bus drivers strike over pay

triangle18 Oct Russia, October 1917: When workers took power

triangle18 Oct Tories torn - bin them now

triangle13 Oct The end of the Tories?

triangle11 Oct Nasty party imploding...drive out the Tories

triangle11 Oct CWU fights court attempt to stop national strike

triangle11 Oct The fight against racial discrimination is tied to fighting against...

More ...

triangle19 Oct Waltham Forest Young Socialists: Deaths in police custody

triangle19 Oct Swansea Socialist Party: Spanish revolution 1936-37

triangle19 Oct Cardiff East Socialist Party: Is equality for women possible under capitalism?

triangle19 Oct Wirral Socialist Party: The October 1917 Russian Revolution

More ...

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

Archive

Archives:

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