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From The Socialist newspaper, 30 November 2016

Them & Us: Autumn Statement special!

Them and us fishes, photo Suzanne Beishon

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


Rise in over-25 minimum wage

+30p an hour - not even enough to hit the Tories' pathetic target of 9 an hour by 2020

Projected cut in low-paid income due to slowdown

-40p an hour (Resolution Foundation)


'Work allowances' benefit cut reversal

+700 million, reducing 'taper rate' cut from 65p to 63p a pound (IPPR)

Overall 'Universal Credit' benefit cuts

-3 billion (IPPR)


Housing Act: 'pay to stay' for social tenants

Dropped - unless you're already earning above an earlier threshold

Housing Act: effect on council homes

Up to 200,000 council homes will go


Investment in 'affordable' homes priced at 80% of market rate

1.4 billion, for 40,000 (un)affordable homes

Increase in council home construction

Zero


Letting agent fees

To be banned in England

Schedule for introducing ban

Non-existent


Total big business tax giveaways

8.5 billion (GMB)

'Just about managing' income

2,500 a year less by 2020 (Policy in Practice)


Extra investment for business

23 billion

New investment for the NHS

0


Corporate profits

Highest on record - 103 billion in the third quarter of 2016 (ONS)

Real wages

Below 2008 levels for at least the next five years (IFS)


Number of billionaires

Highest on record - 120 in the UK (Sunday Times Rich List 2016)

Workers in poverty

Six million earn below the Living Wage (KPMG 2015), seven million are in insecure employment (Guardian 2016)


2017 growth forecast

1.4% (OBR)

Reduction in growth forecast

-36% (March forecast was 2.2%)


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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 30 November 2016:


Castro dies

Fight for workers' democracy in Cuba


Socialist Party news and analysis

Time to fight low pay

Hands off our NHS!

Hunger strikes, suicides - end detention now

Women bear 85% of benefit cuts

Fight to make letting agent fee ban reality

Hospital admissions for malnutrition rise threefold

Them & Us: Autumn Statement special!

What We Saw


What we think

Brexit spin: demand a real workers' exit


Housing crisis

The housing crisis - a toxic issue for the Tories

Homelessness - capitalism is destroying people's lives

Fight the cuts - victims of domestic abuse depend on it


Workplace news and analysis

London Crossrail workers walk out

Durham teaching assistants determined to win

Strike action across London and South East rail network

Protest to demand pay rise for Sheffield

Young workers in Leeds socialise and mobilise at Unison young workers gig


The fight in Labour

Support the campaign to readmit expelled trade union militants

Conference to debate TUSC's role now and the 2017 elections

Labour Party branch votes for reselection

Southampton Labour councillors vote through more cuts


Socialist Party reports and campaigns

Sheffield for sale!

Hands off HRI charts way forward

Reclaim the Night solidarity march

Repeal the 8th protest for abortion rights

Leicester playground protest


Socialist readers' comments and reviews

Readmit expelled socialists: a proven record of fighting back

The Socialist Inbox


International socialist news and analysis

Spain: militant struggle by Students Union succeeds


 

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Related links:

Them & Us:

triangleThem & us

triangleThem & Us

triangleThem & Us

triangleThem & us

triangleThem & Us

US:

triangleCuban protests - what do they represent?

triangleEngland football team

triangleYouth Fight for Jobs is back

triangle"It's great to be back": Come to a Socialist Party in-person meeting

Council:

triangleBarnsley 'Big Green Space' protest

triangleEast London resident fighting eviction again

triangleTower Hamlets Labour backs Tory cuts

Homes:

triangleJobs and homes for all

triangleStop Pimlico gentrification

Housing:

triangleWe need councillors who will end housing crisis - vote TUSC in Staines on 22 July

Cuts:

triangleWaltham Forest Socialist Party: Flooding, homelessness, cuts... Walthamstow needs a re-set - what's the socialist plan?

Big business:

triangleScrap the privatising health and care bill

Tax:

triangleTerry Fields MP, Prisoner DV 3695 - The jailing of 'poll tax' rebel and Militant

Poverty:

triangleTories and Labour fail on child poverty

Low-paid:

triangleLow-paid workers shouldn't pay for Covid crisis

Living wage:

triangleGoodlord strike starts to bite

Tories:

triangleNationality and borders bill

Rich:

triangleWhy I joined the Socialist Party

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