Prem Sikka
This is how Rachel Reeves could deliver a progressive budget
The chancellor has an opportunity to boost the public purpose and deliver redistribution
Nothing will change until the political system is freed from the clutches of corporations and the super-rich
The law is being used to enforce existing power structures for the benefit of the few
Why the banking industry is not a paragon of free markets, efficiency, or honesty
Despite making record profits and paying record returns to shareholders it resents paying taxes.
Rachel Reeves’ budget must reduce inequalities and increase spending capacity of the masses
This is how to secure sustained economic growth
The government must ensure fair distribution of income
'The average real wage of workers has hardly moved from the 2008 level whilst bosses never had it so good.'
If the government wants economic growth it must bring essential industries into public ownership
Successive governments clobber households and small businesses by hiking interest rates to manage inflation, but don’t inconvenience corporations.