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From The Socialist newspaper, 28 September 2016

Them & Us

Them and us fishes, image by Suzanne Beishon

Them and us fishes, image by Suzanne Beishon   (Click to enlarge)

Pension plunder

The head of privatised power network National Grid will retire on 11,000 - a week. The governor of the Bank of England has cost us a quarter of a million in travel expenses. And David Cameron gave generous raises of up to 18,000 to top aides while slashing public sector pay.

Former National Grid chief exec Steve Holliday turns 60 in October. He will be eligible for a pension of 591,000 a year, including shares. That could pay for 25 staff nurses.

Holliday retired at 59. Many workers will wait until 68 - or older - for an annual pension of less than he earns in a week.

Mark Carney, boss of the UK's central bank, has only been in office three years. A Freedom of Information request reveals he has claimed nearly 250,000 in luxury foreign travel in that time.

His annual pay package adds up to 879,000. That's 38 staff nurses.

And hated ex-prime minister David Cameron hiked special advisors' pay by up to 24% during his tenure. Millions of workers instead had their pay cut.

After losing the top job, Cameron has now resigned from parliament. He will have only his huge family wealth, top-level connections, and ministerial pension to rely on.


Coaster crime

The boss of theme park Alton Towers will likely keep his job after presiding over a horrific rollercoaster crash.

Two young people lost a leg and 14 others were injured in the 'Smiler' crash last June. At the time of writing, chief executive Nick Varney is still in post, and due a 1.4 million share bonus.

Investigators found a series of safety failings led to the crash, described as "foreseeable" by a judge. Health and safety is an inconvenience when there's profit to be made.

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Finance appeal

The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.

  • The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
  • When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
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In The Socialist 28 September 2016:


#CorbynWins

Consolidate the Corbyn victory

Labour Party conference: campaigning to reinstate socialist ideas


Trade Unionist and Socialist Coalition

#CorbynWins: New tasks for TUSC


Socialist Party news and analysis

Theresa May attacks migrants and refugees

One million victims of 'rogue' landlords

46m spent on suspending public sector workers

Students late and hungry due to privatised trains

Socialist speaks at UN

What We Saw

Them & Us


Socialist Party youth and students

"Suspended adulthood" the norm for young people

Socialist Students launched in USA

Knowsley: No A-level education on offer

Setting out our stall... reports of campus campaigning


Battle of Cable Street

Cable Street: When workers united and fought the fascist threat at Cable Street


Black History Month

Black history month and its relevance today


Socialist Party workplace news

The guard stays on the train after the RMT defeats ScotRail bosses

Junior doctors' strikes off - coordinated action needed

Victory for firefighters facing dismissal in Manchester

The Ritzy strikes back

Napo conference 2016: Bloodied but unbowed!

Unison Broad Left meeting


Socialist Party reports and campaigns

Newcastle: Socialist Party defies ban to counter the far-right

Socialism 2016: Get face to face with the socialists!

NHS heart centre campaign intensifies

Washdyke v Shoreline: the housing battle in Immingham

Pedal power pounds


 

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