You can thank the Tories that banks’ profits are once again out of control
Banks' profits soared in 2023 to eye-watering levels, as Lloyds and HSBC announce a bonanza of bungs for their executives ...
Tag: economics
The UK has tried to derail UN plans for a fair tax system. So, 22 NGOs have got involved.
22 UK NGOs have sent a letter to the prime minister calling on the UK government to reconsider its position ...
More evidence that the Tories ‘economic doom-loop’ has ‘sucked the life’ out of the UK
The Trades Union Congress (TUC) has slammed the Tory government over what it calls its "economic doom loop" that has ...
Slow applause for the billionaires on the Sunday Times Tax List for doing the BARE MINIMUM
The Sunday Times has published its latest "tax list". It's a Who's-Who of very rich people who pay a lot ...
Everyone is kicking off about the latest inflation figures – even the corporate capitalists
To the unsurprise of anyone not rolling in money, UK inflation rose in December. For the Tories, it dashed expectations ...
Global economic production produces things of no social value. Yet why is it so profitable?
It is more than a sad indictment of contemporary economics, it is a perpetual international tragedy that much of global ...
Over half of Americans have not even started saving for their retirement, as a crisis looms
Amid reports that the average American will need to save $1.9m in order to retire comfortably, the finance and investment ...
Thanks to the cost of living crisis, none of us are able to put money away for a rainy day
Recent reports state that UK households are to face a forecasted 11% increase in credit card and loan debt in ...
UK families are suffering the ‘worst decline’ in living standards in the G7
The UK is only country in the G7 where household budgets have not recovered to pre-pandemic levels. That's the verdict ...
More than free bets alone: other surprising freebies offered by online casinos
Every online casino understands that player loyalty will ultimately determine its success or failure. This is why the majority offer ...
TUC warns of ‘debt timebomb’ with households facing £1,400 rise in credit card and loan debt in 2024
The Trades Union Congress (TUC) had warned households are facing a “debt timebomb” with credit card and loan bills set ...
Fat cat bosses are still earning grossly higher wages than workers – even during the cost of living crisis
New research published on Monday 18 December by the High Pay Centre think tank, funded by the abrdn Financial Fairness ...
The Tories have overseen historic period of WORST real wage growth since Napoleonic times
The Conservatives have presided over the worst two periods for economic growth since the 1920s, according to new analysis published ...
Sunak’s bankers’ tax breaks costing the rest of us nearly £2bn in lost public money each year
The government’s decision to cut the banking surcharge is costing the public purse £29 million a week, according to a ...
Today’s inflation figures mean nothing: food prices rocket 30% in 2.5 years while the Tories eye benefit cuts
Inflation has fallen to 4.6% - down from 6.7% in September, official figures now show. However, a think tank has ...
‘Brutal and arrogant’ Tories lifting the bankers’ bonus cap has nothing to do with the economy
Rishi Sunak's Tory government has approved the lifting of the cap on bankers' bonuses. This means that the rule which ...
Even the BBC isn’t taking the Tories seriously on the economy now
The Tories have managed the British economy since 2010 - more than 13 years. Unless you're a seller of defective ...
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