"They each pocketed on average a half million pound pay rise at a time when workers’ real wages are being squeezed like never before amid the cost of living crisis."
Tag: inflation
Central Banks continue to hike interest rates despite failure to significantly effect prices
"The banking crisis that emerged last March is still on the horizon again, as rising interest rates drive down the demand for loans and corporate bankruptcies rise."
The Durham Miners’ Gala symbolises the strength of our movement – Ian Lavery MP
"While the political landscape at this time can look particularly bleak, this weekend at the Gala once again reignited my energy & determination to make this a better country" - Ian Lavery MP.
Living standards are being sacrificed at the expense of corporate profits – Beth Winter MP
“The government should raise incomes and control prices, rather than leaving people to be hit by inflation, by interest rate rises, and by falling real pay” - Beth Winter MP.
The Rich List Shows the Wealthy Still Have Much to Celebrate – Jon Trickett MP exclusive
“The richest one per cent pocketed 66 per cent of all new wealth created since the pandemic began. Just 10 individuals now have more wealth than the poorest three billion people on earth” - Jon Trickett MP
Tackling the cost-of-living crisis means bringing pay up and prices down – Beth Winter MP
"The discussion on controlling prices needs to begin now" - Beth Winter MP
The political economy of the cost of living crisis in the UK: What is to be done?
In depth economic analysis on the political economy of the cost of living crisis, and the progressive policy solutions that are being left out of the narrative.
Workers in struggle are leading the fightback, it’s clear that the solution is resistance – John McDonnell
"What way forward for our movement? The solution is deepening this resistance at all levels, and that means joining demonstrations, occupations and the picket lines" - John McDonnell
The wage price spiral refuted – Michael Roberts
In depth economic analysis critiquing claims of a wage-price spiral and why neoliberal economics continue to push for wage restraint.
An Alternative Strategy to Address the Cost of Living Crisis.
John McDonnell and a range of policy experts are advocating an alternative strategy to the cost of living crisis.