Excessive deregulation means that the UK is hurtling towards the next crash
Deregulation creates opportunities for bankers to take reckless risks with other people’s money, collect bonuses and destabilise economies.
economy
Parmjit Dhanda: Heathrow Expansion can Deliver the Growth Britain Needs
In 2015, the Independent Airport’s Commission (led by Sir Howard Davies) concluded that, by 2060, a new runway at Heathrow would create £147 billion for the UK economy.
The privatised water industry shows how the British economy is rife with predatory practices
‘With the full approval of the state, too many industries are dominated by organisations of dubious practices, if not downright criminal activities.’
Revealed: Who the public still trust on the economy
Labour have highlighted the need for tough choices
Labour’s Darren Jones takes Tory MP apart on Question Time panel for wrecking the economy
“Did Labour want that inheritance? Absolutely not.”
The budget has missed an opportunity to create a fairer tax system, reduce inequalities and boost people’s purchasing power
The government will need to abandon Tory economic policies, redistribute income and wealth, eradicate poverty, strengthen worker rights, and take essential services in public ownership.
Chart shows how poorest households gain most, while wealthiest pay most after Labour’s budget
With economists and analysts still digesting Labour’s first budget in 14 years, one thing is becoming increasingly clear, those on lower incomes stand to benefit the most while the wealthiest households will pay the most. Chancellor Rachel Reeves set outtest
How trade unions responded to the budget
“Today’s budget is a vital first step towards the growth, jobs and living standards working people desperately need.”
5 key takeaways from Labour’s first budget in 14 years
Chancellor Rachel Reeves laid out her plans to rebuild Britain once more, as she set out Labour’s policies to repair public services, help those struggling to make ends meet and repair the economy.
IPPR: Why Labour’s first budget in 14 years gives us cause for hope
‘We must celebrate the wins when they come, but the case for bold ambition on areas such as fair taxation and the green transition must be made and remade throughout the course of this parliament.’