The significance of the rejection of Bullock by the Trade Unions

In the 1970s, the trade unions were so strong they had political power, as the media never stops reminding us.  This power was such that a government report (the Bullock report) offered the unions an official role in deciding economic policy.  Now the majority of workers are not in a union, and wages and conditions have declined … Continue reading The significance of the rejection of Bullock by the Trade Unions

Profiteering is breaking the economy

A report by Unite The Union Part of the  “Unite Investigates” series Unite's latest report has analysed nearly 17,000 companies in the UK and found that average profit margins have soared by 30% compared to the pre-pandemic period. This report is the largest post-pandemic study of UK profit margins to date. We have exposed that corporate profiteering isn’t … Continue reading Profiteering is breaking the economy

Quantitative Easing, or “How will you pay for it?’

Parliament Notes QE, or printing money, is capitalism’s cunning plan to overcome economic and financial crises.   In the massive economic crisis of the 1930s, the US state financed public works with money it hadn’t ‘earned’ from taxes.  The economies of the US and Europe have practised it since to avoid the worst disasters of the 2007/8 financial … Continue reading Quantitative Easing, or “How will you pay for it?’

Editorial – Budget Battle Lines

Editorial Budget Battle Lines The next UK budget is on 3rd March.  We don’t know what position Sunak will take on the hugely increased fiscal deficit.  Will he return to austerity policies quickly or defer for a year?  Certainly the Labour Party response to Sunak’s budget will be an opportunity to clearly separate Labour from the Conservatives.   There have … Continue reading Editorial – Budget Battle Lines