7 steps we can take right now to tackle greedflation
Professor Prem Sikka outlines how we can rein in predatory practices
Prem Sikka
The reasons why the UK economy is at the bottom of the G7 growth table
We need to invest directly in new industries, promote equitable distribution of income and wealth, reform corporate governance and take action on dead-weights dragging the economy down.
Raising interest rates won’t solve inflation
Interest rate rises transfer wealth from the public to rentiers
How workers’ rights are being swept away by the Strike (Minimum Service Levels) Bill
The controversial strike reforms have suffered more defeats in the House of Lords. The government has promised to overturn the latest Lords’ amendments.
Here’s why unchecked corporate profiteering is the real reason for high inflation
‘The UK inflation rate is high because of failed government policies’
Here’s why privatisation of the water industry has failed and why public ownership is needed
‘The rot set in 1989, when the Conservative government privatised ten state-owned regional water boards’
Here’s what political parties need to do if they want to tackle the housing crisis
High prices are a barrier to home ownership, but no party has explained how it is going to reduce them and what the consequences of that may be.
The UK economy needs rebalancing in favour of workers
‘Any political party seeking to avoid long-term economic stagnation and social disorder needs to do two things – increase workers’ share of GDP and reduce capital’s share.’
Why the budget fails ordinary people and benefits the rich
Instead of addressing the real problems faced by people, Chancellor Jeremy Hunt’s budget has delivered the usual cocktail of austerity, low wages, higher taxes for the masses, and tax cuts for corporations and the rich.
The growth of the finance industry is strangling the UK economy
‘In pursuit of the high returns in the shortest possible time, the finance industry has moved into the high street.’