Mask-off outbursts by Maga insiders and most strikingly, the destruction and reconstruction of the presidential seat, with a huge new $300m ballroom, means Trump isn’t planning to leave the White House when his term ends, writes LINDA PENTZ GUNTER
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Banker’s bonuses: another Labour betrayal
We are lurching backwards politically now that both major parties are united in servicing the City before all else, writes BERNIE EVANS
Labour leader Sir Keir Starmer and shadow chancellor Rachel Reeves during a visit to the London Stock Exchange Group, September 22, 2023
BEN CHACKO speaks with Knesset member OFER CASSIF about rising political violence, the prospects for peace and his continuous ‘silencing by suspension’
The City is leaning on Rachel Reeves to cut welfare spending — when what’s needed is cuts to all the benefits given to the mega rich, corporations and banks to help them not pay or blatantly dodge their fair share of tax, explains BERNIE EVANS
The choice between two Blairites to revamp the tepid centrism of our ruling party doesn’t even come as cold comfort as we wander the city streets suffering from their third decade of austerity and the fifth of wage stagnation, writes MATT KERR
ANN HENDERSON looks at the trailblazers of the Women’s Trade Union League and their successful fight for female factory inspectors — a battle that echoes in today’s workplace campaigns
HENRY FOWLER puts the strike of public-sector workers in New Zealand in the wider context of deteriorating employment conditions throughout the world’s major economies
MAT COWARD looks back at a protest 105 years ago this month, whose reporting by the media bears uncomfortable similarities with demos today
WITH plans to “unashamedly champion Britain’s financial services sector,” cut down on “10,000 pages of regulation,” and impose no windfall taxes on banks despite their record profits, it came as little surprise that a Labour government will not reinstate the cap on bankers’ bonuses.
In July last year, for example, Natwest announced half-year profits of £3.58 billion, up from £2.6bn the previous year.
Imagine how much they and the other profiteering banks will be paying in bonuses to people who will have contributed nothing towards the higher profits, which were simply made by the exploitation of British customers, delaying an increase in savings rates after raising them for borrowers immediately after the Bank of England announced hikes in the base rates.
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The economic value of disability benefits far outweighs their cost, argues Dr DYLAN MURPHY
Campaigners slam the Chancellor after Britain’s four biggest banks made a record £45.9bn in profits for 2024
Labour’s ex-banker Chancellor plans deregulation while City profits soar and customers suffer — between money laundering scandals and the exploitation of Covid loans, it’s clearly time to end this madness, says BERNIE EVANS
In the first of two articles, ROBERT GRIFFITHS argues that despite a parliamentary majority, Labour’s timid Budget fails to seize a historic opportunity and lacks the ambition needed to address Britain’s deep social and economic crises