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Them & Us
Them...
- State-owned Network Rail which owns and manages rail infrastructure has sold all property under rail arches to a private owner for £1.46 billion. 5,200 properties spanning 17 million square feet, the majority of which are converted arches which trade as small businesses, have been offloaded to property managers Telereal Trillium.
- Newly-independent Blairite MP Frank Field has joined a millionaire Tory donor to open a new academy school. Field, who quit the Labour Party whip to undermine Jeremy Corbyn, did not respond to requests from website Schools Week for a comment, but a spokesperson did defend his relationship with Tory donor David Ross.
- Dictatorial Turkish president Recep Tayyip Erdogan has appointed himself chairman of Turkey's sovereign wealth fund which presides over assets worth over $200 billion. He has even announced that his son-in-law will act as his deputy.
...and us
- More than 14 million people, including 4.5 million children, are living in poverty. The Social Metrics Commission found that the numbers are higher than previous figures.
- The maximum interest rate on student loans in England and Wales has gone up from 6.1% to 6.3%. At 6.3%, a graduate would need to earn more than £60,000 a year before starting to reduce their debt. A father of one graduate - who due to interest now owes £7,642 on top of their £50,000 student debt - says they may as well be in debt to Wonga.
- 54 privately owned student residential blocks in England remain clad in combustible material similar to the Grenfell Tower cladding. The National Union of Students has said the buildings should not be used until they have been repaired and called for a full list of the affected premises to be published.
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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.
Inevitably, during the crisis we have not been able to sell the Socialist and raise funds in the ways we normally would.
We therefore urgently appeal to all our viewers to donate to our Fighting Fund.
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