Labour have demonstrated they are running scared of their own legacy by refusing to levy any form of taxation on the rich
The banking crises have shown the fragility of the banking system and the broader vulnerability of the global financial system.
The budget has rightly been overshadowed by the strikes and protests of the labour movement, not least because the announcement has elicited comment from the Office of Budget Responsibility that we will see the largest fall in living standards since 1956.
This Saturday 18 March a day conference for members of the Workers Party is being held in Birmingham.
Energy supplier Centrica is expecting an almost eightfold increase in net profit. This at a time where 34% of adults in Britain face a choice between ‘heating or eating’ due, among other things, to a twofold increase in energy prices in the last year.
More than 260 million people could be plunged into extreme poverty this year because of skyrocketing inflation while hundreds have become billionaires whose cumulative wealth rose 30 percent, according toContinue reading “Billionaire bonanza”
The Sunday Times has published a piece juxtaposing the dire record of three companies in poisoning the nation’s rivers and lakes with the ongoing bonanza being enjoyed by their directors:Continue reading “Bosses making a killing whilst poisoning our rivers”
Despite rising unemployment, 53% of councils in England have proposed raising council tax bills by the maximum amount of 5%, attempting to balance their budgets on the back of the working class.
A BBC report this week announced that Argentina has enacted a Corona wealth tax, similar in principal to that proposed by the Workers Party of Britain.
The Workers Party of Britain advocates an increase in the personal tax threshold for the poorest-paid working people.