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Sunday, June 16, 2024

The Socialist issue 838

7 January 2015

Bankers get bonuses... workers get the boot

PDF | Audio | 2015 Back issues


The Socialist issue 838

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Socialist Party news and analysis

spotBankers get bonuses… workers get the boot

City Link redundancies: It was a happy new year for City banking bosses. With their bonuses, 121 members of Goldman Sachs were paid an average of £3 million each last year. It was not such a happy new year for everyone however

City Link workers and fellow trade unionists protesting outside the bankrupt company's headquarters on New Year's Day 2015, photo Coventry SP

City Link workers and fellow trade unionists protesting outside the bankrupt company’s headquarters on New Year’s Day 2015, photo Coventry SP


spot2015: Deepening crisis – build the fightback!

spotNHS crisis: Government cuts to blame – not patients

The ongoing crisis in the National Health Service (NHS) has become the latest general election battleground for the establishment parties – with Labour, Tories, Lib Dems and Ukip all pledging to make it work

spotBenefit sanctions ruin lives

spot‘Election fever’ – working class alternative needed

Come to the TUSC conference, 24 January: Yet again the Labour Party leadership has reaffirmed its commitment to Tory austerity should it come to power in May

spotScottish Labour leadership: more of the same

Jim Murphy’s election as Labour’s new Scottish leader has underlined the need for the affiliated trade unions to break from Labour

spotThem & Us

Fat cat City bankers were paid an average of £1.3 million last year, making their pay packages worth almost 50 times the average annual wage in the UK

International socialist news and analysis

spotGreece: towards a Syriza government?

At the end of last year a constitutional crisis arose in austerity-ridden Greece with the failure to elect a president. An early general election to be called for 25 January with Syriza (a left party) leading the polls. The Socialist spoke to Andros Payiatsos from Xekinima (CWI in Greece)

Xekinima (CWI Greece) are participating in the elections and other struggles

Xekinima (CWI Greece) are participating in the elections and other struggles


Socialist Party reports and campaigns

spotThe battle for Sedgehill school

No to Academies!: Parents, teachers and school students in Lewisham are angry. Labour-run Lewisham council in south London plans to dismiss the governors and headteacher at Sedgehill school and impose an ‘interim executive

'Save Sedgefield' demo, 12 December 2014

‘Save Sedgefield’ demo, 12 December 2014


spotStealing school fields? It’s child’s play

School playing fields are not “surplus land”. So said close to 100 concerned parents and local residents at Parkland Primary School, Swansea, in December

spotSocialist Students campaigning reports

Socialist Students is a democratic campaigning organisation with groups in universities and colleges throughout the country

spotAppeal to readers: cash needed to fight the cuts

The Socialist Party launched its general election appeal before Christmas. We are aiming to raise £50,000 over the next few weeks to help pay for the leaflets, posters and other essential material essential

spotJoin the Socialists to fight for rent control

“Almost nobody in the UK is opposed to rent controls for housing” read the Independent headline

Socialist Party workplace news

spotSave the jobs of City Link workers

Renationalise mail distribution: Over 3,000 City Link workers are now facing the New Year dole queue with the company put into administration

Nuneaton RMT branch secretary and Socialist Party member Paul Reilly at the City Link protest, 01.01.15, photo Coventry SP

Nuneaton RMT branch secretary and Socialist Party member Paul Reilly at the City Link protest, 01.01.15, photo Coventry SP


spotBarbour workers strike against worse conditions

spotLondon bus drivers to strike for single contract

London bus drivers in the Unite union are due to strike on 13 January in demand of a standard contract across the capital’s bus network

spotWorkplace news in brief

Socialist Party member John Reid has been elected as the London Transport member for the RMT union’s council of executives

Readers’ comments

spotState of the arts

Art is too often put out of ordinary people’s reach by extortionate prices and a snobbish social elite. So why is big art such big business? And what does that mean for working class artists?

Art & revolution: painting by Juan Pedro Flores Gonzales

Art & revolution: painting by Juan Pedro Flores Gonzales


spotWhy I’m backing TUSC

I come from a strong Labour background. My uncle, Walter Harrison, was Labour MP for Wakefield. His obituaries said he would go to any lengths to delay the onslaught of a Thatcher government

spotDefending working class history

The People’s History Museum in Manchester has launched a campaign to plug a £200,000 funding shortfall when it loses central government funding in April, writes Tony Mulhearn

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