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Recession


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7 March 2012

Them & Us

Marching to recession: Remember chancellor George Osborne's prediction of a "march of the makers" where manufacturing would bring growth back to Britain's economy?...

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On the London demonstration during the 30 June public sector pensions strike, photo Paul Mattsson

On the London demonstration during the 30 June public sector pensions strike, photo Paul Mattsson

25 January 2012

Hard Times - but not for the 1%

Defend pensions, fight the cuts in jobs and pay: As the clouds of recession grow darker, practically every section of society feels the grim effects. Apart from one group - there are few signs of recession for the super-rich! writes Roger Shrives.

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23 November 2011

Tragic effect of recession

What a tragic waste of human life this economic crisis is creating! In the Socialist (issue 694), we read about the Warwickshire couple who committed suicide because they didn't have enough to live on...

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26 August 2009

Ireland - workers campaign against Lisbon Treaty

AROUND 100 people attended a public meeting on the Lisbon Treaty (the renamed European constitution) at Dublin's Liberty Hall on 18 August, writes Stephen Rigney, Dublin.

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26 August 2009

Recession threat grows

THE GOVERNMENT'S tax income from private companies and individuals has slumped due to the recession. Tumbling profits have pushed the government's business tax income down 38% while unemployment has increased...

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5 November 2008

What recession?

FORMER PRIME Minister Tony Blair has 'earned' £12 million since he left office eighteen months ago, writes Roger Shrives.

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29 October 2008

Recession getting deeper - 'real world' suffering

THE FINANCIAL crisis is getting worse. Across the planet, the stock market casinos have been plummeting. Japan's Nikkei index at one stage hit a 26-year low...

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15 October 2008

Recession in Britain: Anger and bitterness towards the financiers

Alistair Darling reads the beginners guide to the economy, cartoon by Suz

Alistair Darling reads the beginners guide to the economy, cartoon by Suz

Feature The UK economy is now in recession and the government has stepped in with a colossal £400 billion of taxpayers' money to try to prevent an even worse economic situation. Socialist Party general secretary Peter Taaffe comments on the unprecedented events of the last few weeks and the prospects to come for workers in Britain.

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8 October 2008

Lessons of the 1990s recession in Japan

ECONOMISTS AND political leaders are looking to the recent economic history of Japan with growing fear. Is the US economy also heading for a 'lost decade'? asks Jared Wood, Oxford Socialist Party.

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13 February 2008

Millionaire welcomes economic recession!

MICHAEL O'LEARY, cost-cutting, anti-union, multimillionaire boss of 'budget airline' Ryanair, says he would welcome "a good, deep, bloody recession in this country for 12 to 18 months... By Roger Shrives

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23 January 2008

Shock of recession draws near

Editorial: AS SHARE values tumbled in the most dramatic falls since 9/11, the talk was not so much of whether there will be a recession, but of how deep and long it will be....

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14 September 2001

World Recession Looms

"VERY HAIRY and very scary" was how one London fund manager described the stock market after the FTSE 100 plunged to its lowest level for three years...

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6 July 2001

Icy Blasts Of Recession

THE CHILL wind of a world economic recession is starting to blow across Britain's shores. Whilst recession has not yet hit the finance and service sectors, the crisis in manufacturing is deepening. Engineering...

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