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Tories aid millionaires by intensifying the assault on millions

23rd March 2012 Socialist Action 0

By Stephen MacAvoy

George Osborne’s latest budget launched another assault on living standards of millions of people whilst defending narrow interests and further entrenched the policies that are creating economic stagnation. Only a clear break with these policies will prevent a detrimental impact on the living standards of the majority and years of slow growth.

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Economic stagnation underlines error of Labour policy retreat

26th January 2012 Socialist Action 0

By James Wilkins

The latest economic figures showing that the British economy shrank in the last quarter of 2011 underlines the damage that Tory economic policy is causing – both to growth and living standards. A clear alternative to its ‘austerity’ policies is needed, but the Labour front bench’s recent further capitulation to the Tory economic framework weakens both the struggle for such an alternative and its own electoral position.