Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://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:

triangleBelfast Hovis workers' all-out strike

triangleWestex Carpets workers in Cleckheaton, West Yorkshire, have been on strike for two months in a dispute over pay.

triangleWestex Carpet strike reaches two month mark

triangleNorthern Ireland: Thousands of nurses continue to strike for better pay

triangleHackney school bus workers win pay increase following strikes

Wages:

triangleLow Pay, Long Hours. Bosses rip us off. Organise the fightback now!

triangleWages flatline, while shareholders profit

triangleMassive protests against Lebanon's corrupt elite

Zero-hour contracts:

triangleLabour and the fight for a shorter working week

triangleWorkplace victory emboldens retail workers to get organised

triangleTrade union action can end low pay

Public sector:

trianglePCS elections: Support socialist candidates

triangleProbation privatisation failure

Minimum wage:

triangleTory minimum wage hike not enough

Tories:

triangleMassive Scottish independence demo marks new stage in struggle

Inflation:

triangleMerseyside Matalan workers walk out over pay deal

Poverty:

triangleThem & Us

News and socialist analysis

News and socialist analysis

27/1/20

London

We need socialists in London's City Hall

27/1/20

Labour

After the defeat

22/1/20

Austerity

Council cuts continue... So must the fightback

22/1/20

Labour

To win back working-class trust Labour must take the 'Liverpool road'

22/1/20

Them & Us

Them & Us

22/1/20

Capitalism

End climate change, end inequality, end capitalism!

22/1/20

Police

Protesting is not terrorism

15/1/20

Unison

Reverse Unison's undemocratic nomination of Blairite Starmer

15/1/20

NHS

Build for strikes to save NHS

15/1/20

Labour leadership

Labour Party leadership contest: Fight for a mass anti-austerity, workers' party with a socialist programme

15/1/20

Nationalisation

No free ride for the airline bosses - nationalise Flybe now!

15/1/20

Them & Us

Them & Us

15/1/20

Minimum wage

Low Pay, Long Hours. Bosses rip us off. Organise the fightback now!

8/1/20

Austerity

Ignore the hype - austerity goes on: organise to resist

8/1/20

Capitalism

Capitalism must go - fight for socialism

triangleMore News and socialist analysis articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 079 8202 1969

East Mids: 077 3797 8057

London: 020 8988 8786

North East: 078 4114 4890

North West 079 5437 6096

South West: 077 5979 6478

Southern: 078 3368 1910

Wales: 079 3539 1947

West Mids: 024 7655 5620

Yorkshire: 077 0671 0041

ABOUT US

ARCHIVE

Alphabetical listing


January 2020

2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999