Category Archives: economy

Social Security spending | Notes from the north

“Much has been said in the past about the UK as a tax haven. Certainly, from reports in the past, billions are lost due to “sweetheart deals” between big businesses and the tax authorities in cases where big business won’t pay what they are supposed to pay. This report, from April 2013 highlighted the case of just 4 such deals, which were worth £4.5 billion in total. If the agreements reached managed to get in £4.5 billion to the treasury, then that means several billion more is lost. But how much of the…”

Source: Social Security spending | Notes from the north

Labour didn’t lose the election in 2015…. | Paul Bernal’s Blog

Paul pretty much nails it. Cowardly in politics, cowardly in opposition, fear of the media all leads people to one of two conclusions. First, that the Tories are right about the Labour Party and second that the Labour Party generally agree with everything the Tories are doing. That there is no difference between the two parties, and hasn’t been since Tory Blair took leadership, seems quite obvious to many of us who would really like our real Labour Party back.

I am tempted to join the Labour Party simply so that I can have a say in the leadership elections, not that I expect to make a difference (much like in the General Election, I pretty much expect the Right to win). The words “Turn left. No, your other left!” just popped into my head for some reason!

Labour didn’t lose the election in 2015…. | Paul Bernal’s Blog.

March For The Homeless A Huge Success: This Is Exactly What The Capital Needs | the void

The march stopped briefly at David Cameron’s backdoor, the often forgotten other end of Downing Street next to St James Park, before making its way to Buckingham Palace where police were forced to hurriedly make a line in front of the gates to prevent the Palace being stormed. Sort of. Then it was onto the Pall Mall squat which had been occupied in protest at London’s housing crisis and was conveniently evicted on the morning of the march. A line of bailiffs were guarding the building and as the crowd approached one of them unexpectedly lashed out at a protester punching him in the face before being restrained by his colleagues and bundled inside. This took place in full view of several police officers who chose to do precisely fuck all about an unprovoked and vicious assault. Is it any wonder people call them the filth?

via March For The Homeless A Huge Success: This Is Exactly What The Capital Needs | the void.

Conservative negative campaign strategy: “share the lies and win a prize” | Politics and Insights – kittysjones

“There are no positive messages on offer from the Conservatives to potential voters of an aspirational nature on their site, instead, all we see are desperate “warnings” about a Labour government, which border on hysteria, and some have veered from labels such as “Trotskyism” to scenes from 28 Days Later.”

via Conservative negative campaign strategy: “share the lies and win a prize” | Politics and Insights – kittysjones.

The EU needs to crack down on the real scroungers – tax avoiders | Comment is free | theguardian.com

Tax avoidance is robbery, regardless of what any silver-tongued outrider of the corporate world tells you. Companies depend on the labour of their wealth-creating workers: a workforce expensively trained up by a state education system, kept healthy by state healthcare, and whose low pay is subsidised by the state.

The private sector depends on a bailed-out financial system, state-funded infrastructure, state support for research and development, and a law and order system to protect them and their property.

via The EU needs to crack down on the real scroungers – tax avoiders | Comment is free | theguardian.com.

Robin Hood Tax | Something to consider

A tax on banks that would give billions to tackle poverty and climate change, here and abroad.

This tax on the financial sector has the power to raise hundreds of billions every year globally. It could give a vital boost to the NHS, our schools, and the fight against child poverty in the UK – as well as tackling poverty and climate change around the world.

via Robin Hood Tax | Robin Hood Tax.

Osborne has NOT halved the EU’s £1.7bn bill | Vox Political

This is how George Osborne probably looked after the fire in his pants caused by his incessant lying about the EU’s £1.7bn bill burned away the rest of his suit. Note that his briefcase is still empty of policies and all he has to offer us is the carrot of false promises [Image: Kaya Mar www.kayamarart.com]

[Image: Kaya Mar – www.kayamarart.com]

Another Tory lie busted – and in a matter of hours.

George Osborne turned up on TV today, buoyed up by a cloud of his own smugness, announcing that thanks to his amazing Chancellorial skills, the UK will have to pay only half of the £1.7bn budget surcharge demanded by the European Union.

via Osborne has NOT halved the EU’s £1.7bn bill | Vox Political.

Ripped-off Britons: Two thirds of corporate profits since the 1980s have come from keeping wages down

Leading economist Gavyn Davies has argued that low wage growth accounts for more than two thirds of corporate profits since the 1980s. As a substantial proportion of these profits have been used to pay dividends to shareholders, executives who are directly paid in restricted shares have directly increased their pay at the expense of their workers.

via Ripped-off Britons: Two thirds of corporate profits since the 1980s have come from keeping wages down.

It’s the Tories that want something for nothing: the democratic contract and government responsibility | Politics and Insights – kittysjones

I don’t remember any consent amongst the public to accept diminished living standards in return for Cameron’s proposal of national fiscal security (which he has consistently and spectacularly failed to deliver) and the maintenance of the “market-state”. Nor was there consent for authority, inequality and hierarchy, or an acceptance of being less than we can be and having less than we can have.

via It’s the Tories that want something for nothing: the democratic contract and government responsibility | Politics and Insights – kittysjones.

Coppola Comment: Anti-nationalism

The Conservatives need to realise that their figures don’t add up: the Liberal Democrats need to be reminded that the deficit is not the economy: and Ed Balls needs to remember that he once knew some economics. The tax and spending proposals of all three parties demonstrate either total ignorance of the reasons why the UK’s fiscal deficit is not reducing as planned, or – more likely – wilful ignoring of the truth for political reasons.

via Coppola Comment: Anti-nationalism.