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23 November 2016

Tories plan pain with Brexit Autumn Statement

Fight the cuts, fight for a socialist Brexit: The Tories have used fears around Brexit to lower expectations for Chancellor Philip Hammond's Autumn Statement.

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photo Paul Mattsson

11 March 2015

Economy: Reality doesn't match Tory rhetoric

Austerity works - unemployment is falling and wages are rising: that is the pre-election mantra of the Tory Party. Of course, if it were true, millions of workers would be breathing a sigh of relief

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20 August 2014

Government's economic mirage as election approaches

Ahead of next year's general election, Tory Chancellor George Osborne and Lib Dem Treasury minister Danny Alexander have been regaling the mainstream media with tales of government success in increasing employment, in an expanding economy

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Marching against austerity on 20 October 2012, photo Paul Mattsson

Marching against austerity on 20 October 2012, photo Paul Mattsson

31 July 2014

Economic recovery - so where's our share-out?

The Tories can barely conceal their glee. With a general election just ten months away, Chancellor Osborne has announced that the economy has now expanded for the sixth consecutive quarter

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4 June 2014

Them & Us

Debt collectors: Low income families, whose tax credits were incorrectly calculated by the HMRC, are being hounded for overpayments by HMRC-contracted debt collection agencies

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26 March 2014

Economy

9. At root the growing radicalisation that is developing is a reflection of capitalism's continuing inability find a way out of the crisis. The hopes of the capitalists worldwide, that their system would

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19 February 2014

Them & Us

Boom and bust: Last year government business secretary Vince Cable boasted of rising output in Britain's car industry as illustrating a recovering UK economy

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5 February 2014

Them & Us

Poor get poorer: We're still paying for the bankers' and capitalist crisis

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6 November 2013

A joyless economic recovery?

The UK economy will shortly become the fastest growing economy in the western world predicts the ICAEW (the body which represents accountants), writes Ross Saunders.

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What recovey? Pawnbrokers and loan sharks proliferate , photo by Photomontage The Socialist

What recovey? Pawnbrokers and loan sharks proliferate , photo by Photomontage The Socialist

14 August 2013

Beware a recovery!

The media is lauding an economic recovery. Whether there is one and whether it has substance is discussed in the articles below.

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28 March 2013

Economy in crisis

9. British capitalism, and therefore the working class, faces a bleak future. Five years into the crisis, UK gross domestic product (GDP) is still 12-15% below the pre-crisis trend...

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30 January 2013

Austerity's utter failure

Tory Chancellor Gideon Osborne still tells us austerity is working, but the government managed to take economic growth below 0% not once, not twice but now into a 'triple dip', writes Dave Griffiths, West Midlands Socialist Party.

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Alex Davidson, Manchester Central TUSC candidate 15 November 2012, photo Senan

Alex Davidson, Manchester Central TUSC candidate 15 November 2012, photo Senan

7 November 2012

Heseltine's economy report is no solution

The end of October saw the publication of a report by former Tory minister Michael Heseltine on the economy, writes Alex Davidson, Manchester Central TUSC candidate.

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16 May 2012

JP Morgan: banksters at it again

The financial sector is back in the news as it emerged that cowboy investors at JP Morgan's London office have lost $2 billion (1.2 billion), leading to a run on shares which swept $19 billion off the bank's market value in just two days, writes Ross Saunders.

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26 October 2011

The whole world in its hands

The sovereign debt and eurozone crises, the Great Recession, etc, have all focussed attention on the failings of the banking sector and the greedy giant capitalist corporations

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14 September 2011

Austerity policies strangle growth

Pawn shops are booming, pound stores are multiplying. But spending on services and retail (apart from food) has slowed to a standstill. Socialism Today editor Lynn Walsh looks at the effects of Con-Dem cuts on the UK economy.

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Then and Us - Will Hutton, photo Abacus (publisher)

7 September 2011

Them and Us by Will Hutton

Book review: 'Them and Us' by former Observer editor Will Hutton, originally published in 2010, is now available in paperback. Bob Severn reviews the book...

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Protesting in Manchester in January, photo Dave Beale

Protesting in Manchester in January, photo Dave Beale

13 April 2011

Con-Dems' economic policy... austerity, austerity, austerity!

'The worst is yet to come'. The Con-Dem chancellor, George Osborne, claims his budget (24 March) is the "most pro-growth budget for a generation", writes Lynn Walsh, Editor of Socialism Today.

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6 April 2011

Ireland's economy on the brink

Within the first month of taking office, after 14 years in opposition, the shine has already come off Ireland's Fine Gael/Labour coalition government, writes Michael O'Brien, Socialist Party (CWI Ireland).

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Hannah Sell, Socialist Party deputy general secretary, addressing sStudents protest outside parliament on Day X as tuition fees debated, photo Suzanne Beishon

Hannah Sell, Socialist Party deputy general secretary, addressing sStudents protest outside parliament on Day X as tuition fees debated, photo Suzanne Beishon

27 January 2011

Socialist Party's Hannah Sell on Jeremy Vine show

"Mervyn King says we'll all have to take a big pay cut if the economy is to recover. Are we all in it together?" Hannah Sell, Socialist Party deputy general secretary, argues that we are not in it together

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