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.... In the past 20 years, the proportion of women councillors has grown by 5%, but at this rate it will take another 68 years to reach equal representation. Labour MP Jess Phillips said it was time to consider a change to the law. ... [Read full article on Guardian ]
Saturday 19th of August 2017 11:05:27 PM
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....”. Pro-EU Labour MP Pat McFadden said: “For the second day running the government is trying to reinvent the wheel. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 06:27:16 PM
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....”. The local Labour MP, Albert Owen, said the prospect of a hard border on the needed urgent government attention. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 06:00:31 AM
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....It also claimed the regulator had made errors when assessing 21st Century Fox’s compliance with the UK broadcasting code, drew “wrong conclusions” from allegations of sexual and racial harassment at Fox News, and ignored the role James Murdoch would play as chief executive of 21st Century Fox. Bradley asked Ofcom for more analysis after her department received new submissions on the takeover, including from Avaaz and MPs including former Labour leader and longtime Murdoch critic Ed Miliband. ... [Read full article on Guardian ]
Monday 21st of August 2017 06:12:54 PM
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. Labour MPs have accused ministers of playing a “sick joke” after it emerged that a government job overseeing regeneration in Tees Valley will be based in London. ... [Read full article on Guardian ]
Friday 18th of August 2017 10:54:24 AM
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.... Are any of these more palatable?. The taxpayer’s share of the cost of running the railways has been proportionately reduced under successive governments, starting with Labour in 2005. ... [Read full article on Guardian ]
Saturday 19th of August 2017 02:59:16 PM
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Latest Finance News related to Labour

Ofcom could face judicial review over Murdoch's Sky takeover image
Source : Guardian [Read Article] Monday 21st of August 2017 06:12:54 PM
....It also claimed the regulator had made errors when assessing 21st Century Fox’s compliance with the UK broadcasting code, drew “wrong conclusions” from allegations of sexual and racial harassment at Fox News, and ignored the role James Murdoch would play as chief executive of 21st Century Fox. Bradley asked Ofcom for more analysis after her department received new submissions on the takeover, including from Avaaz and MPs including former Labour leader and longtime Murdoch critic Ed Miliband. ...
Councils need 12,000 more women to close gender gap image
Source : Guardian [Read Article] Saturday 19th of August 2017 11:05:27 PM
.... In the past 20 years, the proportion of women councillors has grown by 5%, but at this rate it will take another 68 years to reach equal representation. Labour MP Jess Phillips said it was time to consider a change to the law. ...
Seven ways to cut the cost of Britain’s rail tickets image
Source : Guardian [Read Article] Saturday 19th of August 2017 02:59:16 PM
'Sick joke' to locate Redcar steelworks job in London, says Labour image
Source : Guardian [Read Article] Friday 18th of August 2017 10:54:24 AM
. Labour MPs have accused ministers of playing a “sick joke” after it emerged that a government job overseeing regeneration in Tees Valley will be based in London. ...
UK to seek Irish border waivers on customs and food safety after Brexit image
Source : Guardian [Read Article] Wednesday 16th of August 2017 06:27:16 PM
....”. Pro-EU Labour MP Pat McFadden said: “For the second day running the government is trying to reinvent the wheel. ...
'Potential for chaos': Welsh port fears post-Brexit customs delays image
Source : Guardian [Read Article] Wednesday 16th of August 2017 06:00:31 AM
....”. The local Labour MP, Albert Owen, said the prospect of a hard border on the needed urgent government attention. ...
Corbyn vows 'flexible' state pension age but won't reveal funding for £20BILLION reforms  image
....The Government recently raised the official retirement age to 68 for people in their thirties and forties. The Labour leader blasted the move and promised to keep the state pension age at 66, as the party heads on a State Pension tour of the country. ...
Rail users face steepest fare rise in five years as inflation hits 3.6% image
Source : Guardian [Read Article] Tuesday 15th of August 2017 08:32:02 AM
....“Although inflation is likely to start falling next year, we understand some families are concerned today about the cost of living,” a Treasury spokesperson added. Labour said the latest rise meant the average commuter will be paying £2,888 for their season ticket in January, £694 more than they paid in 2010. ...
Advertise all UK jobs with flexible working to tackle pay gap – report image
Source : Guardian [Read Article] Tuesday 15th of August 2017 05:26:47 AM
.... All employers with more than 250 staff will have to publicly report their gender pay gap from next year. However, Labour criticised the government earlier this month for being happy to “talk the talk” while failing to take action, after the Guardian found that it would take the civil service more than 37 years to achieve pay equality between men and women, amid widening gaps at one in four government departments over the past decade. ...
Ten years after the crash, there’s barely suppressed civil war in Britain | Aditya Chakrabortty image
.... Whatever technical reforms have followed on from the crash, the economic and business model that created it remains intact. We could have used the nationalised banks to direct credit to strategic industries and regions; instead, Labour and the Tories insisted on treating them as if they were still private sector industries. ...
We helped save Europe: now Europe could save us from Brexit image
Source : Guardian [Read Article] Sunday 13th of August 2017 06:00:06 AM
.... Parris accuses the party of being criminally irresponsible in landing Britain with the triggering of article 50 without the vaguest plan, and with Brexit meaning different things to different party members. By contrast, when the question came up during the early years of the post-1997 Blair/Brown Labour government, a quite phenomenal degree of work went into the pros and cons of putting the pound into the single currency. ...
Tourist areas need investment in jobs, not just better roads | Letters image
Source : Guardian [Read Article] Saturday 12th of August 2017 11:05:01 PM
.... The reason that such a party would be a threat is because of the narrow ideological line he pursues. If the Labour party presented itself as the broad church it is, there would be no space for a new centre party. ...
New Tata Steel scheme secures pensions for 130,000 workers image
Source : Guardian [Read Article] Friday 11th of August 2017 08:48:29 AM
....”. Stephen Kinnock, the Labour MP for Aberavon, home of the Port Talbot steelworks, said: “Today’s news brings a welcome end to the uncertainty faced by 130,000 current and former steelworkers, their families and steel communities across Britain, including the thousands involved in the steel and connected industries in my constituency. ...
Jacques Delors foresaw the perils of austerity. How we need his wisdom now | Mark Seddon image
....If the EU is to restore the damage that greater economic integration has caused to southern Europe – and to restore its public reputation – it desperately needs an end to austerity, and a new economic and social direction that presents an alternative to hyper-globalisation and the race to the bottom. Such a model could become attractive to many of those traditional Labour voters who opted for Brexit, especially if all that is on offer after Britain leaves the EU is a one-sided trade deal with the United States resting on chlorinated chicken imports and a rendered (in favour of US privateers) NHS. ...
10 years after the crash, alternatives are emerging | Letters image
Source : Guardian [Read Article] Thursday 10th of August 2017 06:12:03 PM
....Les BrightExeter, Devon. • As we commemorate the 10th anniversary of the global financial crisis, could we ask Conservative and Lib Dem politicians, together with the media, to stop blaming the last Labour government for the financial meltdown? The responsibility for the crash lies with the banks – although they seem unable to accept that or change their ways. ...
The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen image
.... Or worsening conditions can be blamed on the government’s less-than-stellar negotiating strategy and the appearance that it is entering discussions with its EU partners unprepared. But the inconclusive election reflects the divisions within the Conservative and Labour parties on the Brexit issue. ...
Alistair Darling: 'RBS said it would run out of money in early afternoon' image
Source : Guardian [Read Article] Wednesday 9th of August 2017 07:59:03 AM
....Alistair Darling has revealed his “most scary moment” of the financial crisis, which began a decade ago. The former Labour chancellor of the exchequer said he received a shocking phone call from Royal Bank of Scotland in 2008, revealing a run on the bank. ...
Britain’s young suffer as austerity continues to take its toll | Letters image
.... With new crises being highlighted almost daily, the latest being the closure of maternity wards, and pregnant women being “pushed from pillar to post”, Munby’s example should be followed (Maternity wards closed 400 times as shortage of beds and staff grows, 8 August). At a time when the “austerity chickens” are coming home to roost, and Labour protests are not always getting the media attention they deserve, he cannot be the only dignitary to be appalled by the current situation. ...
Murdoch’s Sky takeover bid delayed as Ofcom is asked for further input image
....It is understood that Ofcom has been asked for its comments on a range of broadcasting standards issues, and not that one particular piece of evidence has transformed the government’s view of the deal. The submissions to the DCMS included the threat of legal action from a group of high-profile MPs including the former Labour leader and longtime Murdoch critic Ed Miliband, and Avaaz, the campaign group, if the government did not ask the CMA for a full investigation into the deal on the grounds of broadcasting standards. ...
Path internships show government is on the wrong track | Greg Jericho image
Source : Guardian [Read Article] Saturday 5th of August 2017 10:14:46 PM
....Common sense tells you that when other nations with whom we share deep cultural ties such as the UK, Ireland, New Zealand, USA, Germany and France already allow same-sex marriage, then clearly that we are still debating it shows us not merely to be behind the times but pretty much hostage to bigotry. The latest Household, Income and Labour Dynamics in Australia (Hilda) survey released this week also shows just how far behind the rest of the nation lags the government. ...
Only a big-spending budget can save us from years of low interest rates image
Source : Guardian [Read Article] Saturday 5th of August 2017 04:00:16 PM
....The institute’s top brass are not the only ones to believe that the UK’s banking system is continuing to act as a dead weight on economic growth. Lord King, the former governor of the Bank of England, was always a little unhappy in the years after the crash when asked about the Labour government’s reluctance to follow the US example on bailing out the banks. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
Brexit is putting firms off giving pay rises, says Bank of England image
Source : Guardian [Read Article] Thursday 3rd of August 2017 11:13:47 AM
....The former shadow business secretary Chuka Umunna said it was “more evidence of the cost of hard Brexit [that] the Bank of England forecasts lower growth and higher inflation”. The Labour MP Peter Kyle called on the government to urgently answer the question of what benefit Brexit would bring if it was forecast to leave us poorer. ...
We could end the buy-to-leave scandal – if the political will was there | Polly Toynbee image
.... The area is dying, she says, warning that all the reasons that made it desirable will be lost. John Healey, Labour shadow housing minister, says there are some 200,000 long-term vacant properties, including “those bought and left empty by speculative investors,” in the wealthiest areas. ...
The day the credit crunch began, 10 years on: 'the world changed' image
Source : Guardian [Read Article] Wednesday 2nd of August 2017 04:15:56 PM
.... As news was breaking, he recalls court members being told to gather at McDonald’s at Liverpool Street station to be ferried into the Lothbury entrance to the Bank. “We were told there was a massive run on Northern Rock,” said Myners, who was made a peer a year later when the Labour government appointed him City minister during the 2008 banking crisis. ...
Price cap still possible, government warns energy companies image
Source : Guardian [Read Article] Tuesday 1st of August 2017 07:19:42 PM
.... Wholesale prices are the bigger portion of household bills and are coming down,” a department spokesman said. Plans for the reform of energy markets, via price capping or bill freezes, were in the manifestos of all major parties, including Labour, the Conservatives and the SNP. ...
British Gas raises electricity prices by 12.5% image
Source : Guardian [Read Article] Tuesday 1st of August 2017 06:50:36 AM
....“There was an agreement coming into the election that there should be a price cap operating across the market and action should be taken on the standard variable tariffs that so many customers are on. Unfortunately the government has changed their minds about that now and we want to press them to change their minds,” the Labour MP told BBC Radio 4’s Today programme on Tuesday. ...
Unsecured consumer credit tops £200bn for first time since 2008 image
Source : Guardian [Read Article] Monday 31st of July 2017 08:55:04 AM
....Gareth Shaw, a money expert at Which?, said the FCA “must act swiftly to crack down on these exorbitant fees and to restrict unarranged overdraft charges to the same level as for arranged overdrafts, as further delay will only cost consumers”. Rachel Reeves, the Labour MP who has campaigned for action on overdraft charges, said the FCA needed to come up with solutions. ...
Labour used to be the party that saw the folly of leaving the EU image
Source : Guardian [Read Article] Saturday 29th of July 2017 11:05:04 PM
. What have David Cameron (Tory prime minister, 2010-16), and Harold Wilson (Labour prime minister, 1964-70 and 1974-76) got in common?. ...
Bosses are failing to honour minimum pay laws, warns Britain’s job market tsar image
....”. Metcalf oversees the remit of HMRC’s national minimum wage enforcement team, the Gangmasters and Labour Abuse Authority, and the Employment Agency Standards Inspectorate. ...
‘I wonder if it’s worth getting up’: life in Corby, the debt capital of Britain image
....Corby Borough Council leader Tom Beattie testifies to that gap. “The level of wages in Corby – compared to the rest of the county, not just the rest of the country – is lower here than elsewhere and I think that’s a reflection of the sorts of jobs we have, at the lower end of the skills scale,” says the Labour councillor. ...
Tesco covers tampon tax for customers by cutting prices image
Source : Guardian [Read Article] Friday 28th of July 2017 05:36:40 PM
.... In March, the Department for Digital, Culture, Media and Sport announced the latest tranche of grants, which took the total handed out to £17m. Paula Sherriff, the Labour MP who has led the campaign against the tampon tax, has praised Tesco’s decision and called on its rivals to follow suit. ...
Chancellor appoints Sir David Ramsden to Bank of England deputy role image
Source : Guardian [Read Article] Thursday 27th of July 2017 05:28:15 PM
....Known for his role in keeping the UK out of the euro, Sir David is a life-long civil servant who has risen through the ranks of the Treasury to be its most senior economist and head of the government’s economic service, which effectively puts him in charge of economic advisers across Whitehall. In the late 1990s, Labour chancellor Gordon Brown put Sir David in charge of evaluating Britain’s readiness to join the euro. ...
BBC women let pay gap happen, review co-chair says image
Source : Guardian [Read Article] Thursday 27th of July 2017 03:18:53 PM
.... The study found that when like-for-like male and female workers were compared, men were 25% more likely to get a pay rise when they asked. Labour MP Stella Creasy tweeted that women do ask for pay rises but men are more likely to get them, citing the study. ...
Labour softens stance on staying in single market after Brexit image
Source : Guardian [Read Article] Thursday 27th of July 2017 10:49:04 AM
. Two senior Labour figures, Keir Starmer and John McDonnell, have indicated they want to keep open the options of the UK staying in the single market and customs union in comments that appear to soften the party’s stance on Brexit. ...
How to beat summer holiday childcare costs as prices soar 50 per cent image
Source : Daily Express [Read Article] Tuesday 25th of July 2017 08:11:00 AM
....Working parents have to figure out childcare options for their little ones over the summer holidays ranging from hiring nannies or child minders, or leaving them at summer school. But over the past seven years the cost of childcare in the UK has soared by 50 per cent, while people’s pay packets have not kept pace, increasing by just 13 per cent, research from The Labour Party shows. ...
UK labour market tsar vows to jail rogue bosses image
Source : Guardian [Read Article] Tuesday 25th of July 2017 05:01:01 AM
....The comments were part of Metcalf’s first major public intervention since being appointed to oversee a crackdown on exploitation in the workplace in January, giving him oversight on the policing of a range of offences from modern-day slavery to non-payment of the minimum wage. In a report on the scope of his new job Metcalf trumpeted more effective deterrents as he set out his “strategic priorities” for the three government enforcement agencies within his remit: HMRC’s national minimum wage (NMW) enforcement team, the Gangmasters and Labour Abuse Authority (GLAA) and the Employment Agency Standards Inspectorate (EAS). ...
Leaseholds on new-build houses in England to be banned image
Source : Guardian [Read Article] Monday 24th of July 2017 11:01:37 PM
....2m were leasehold houses. Justin Madders, Labour MP for Ellesmere Port and Neston, who has many constituents suffering from leasehold problems, said: “What has occurred in this sector should be regarded as a national scandal. ...
State pension changes will cost 7 million people £10,000 each image
Source : Guardian [Read Article] Sunday 23rd of July 2017 11:01:20 PM
.... The change will affect Britons born between 1970 and 1978, who will now have to wait another year to receive their state pensions, a move which the government found would save £74bn. New analysis from the House of Commons library found that each person affected by the change stood to lose around £9,800, which Labour called “disgraceful and unjustified”. ...
While Hammond looks for a magic money tree, Labour has found one | Larry Elliott image
....The Treasury has always been opposed to a financial transaction tax, in large part due to its institutional capture by the City. Official attitudes would change, though, with a Labour government. ...
Yes, the gender pay gap rules are flawed. But they’re the best hope of making things better image
....MPs last week turned up at the offices of controversial ticket resale site Viagogo, fed up with the company’s reluctance to engage in a parliamentary investigation into ticket touting. Conservative MP Nigel Adams and Labour’s Sharon Hodgson were sent packing – but even so they demonstrated their persistence in tackling the subject of secondary ticket sales. ...
Full speed ahead for train builders as minister pulls plug on electrification image
.... Observers are worried. Lilian Greenwood MP, Labour chair of the transport select committee, says failure to provide specific details is “deeply concerning”. ...
Big, bold … and broken: is the US shopping mall in a fatal decline? image
Source : Guardian [Read Article] Saturday 22nd of July 2017 11:00:36 AM
.... Just as Macy’s, Sears and co used to anchor US malls, retail employment has been a solid anchor for the jobs market, generating on average 200,000 jobs per year in the 2014-6 period. The retail industry has lost an average of 9,000 jobs a month this year, according to the Bureau of Labour Statistics, compared with average monthly job gains of 17,000 last year. ...
Boots apologises over morning-after pill pricing row image
Source : Guardian [Read Article] Friday 21st of July 2017 01:34:17 PM
....Boots has said it is “truly sorry” for the way it responded to a campaign calling for it to cut the price of emergency contraception and said it is looking for cheaper alternatives. The announcement, late on Friday night, came after news that the women’s parliamentary Labour party (PLP) had written to the store’s chief pharmacist to express “deep concern” about the company’s refusal to reduce the price of emergency contraception, and as calls for a boycott continue to grow. ...
The real cost of regeneration image
Source : Guardian [Read Article] Friday 21st of July 2017 05:00:09 AM
.... But underneath was a gradual process of decay: as Owen Hatherley, an architecture critic, told me, these estates steadily degenerated as the gap widened between “what councils expected their budgets to be when they were building them, and what council budgets actually were after 1984”. The schism between local and central government was so marked that by 1997, even a Labour government “didn’t trust the council to wash the dishes, let alone maintain housing,” Hatherley said. ...
The promise of a new era at Sports Direct must also mean new personnel image
Source : Guardian [Read Article] Thursday 20th of July 2017 06:48:36 PM
....Some submissions may be copycat petitions. Some – like the letter from Ed Miliband, the former Labour leader, and Sir Vince Cable, the new leader of the Liberal Democrats – have infuriated a Murdoch camp that wants to see “political interference” at every turn. ...
SSE loses 230,000 customers in 'highly competitive' UK market image
Source : Guardian [Read Article] Thursday 20th of July 2017 05:28:01 PM
....Of the big six, SSE has the highest percentage of customers – 91% – on standard variable tariffs, the default rates that bill-payers move on to when cheaper, fixed, deals come to an end. Such tariffs were criticised as a “rip-off” by Theresa May and ministers during the general election campaign, and both the Conservatives and Labour threatened to impose a price cap on them. ...
MPs threatened with arrest after protest at Viagogo office in London image
Source : Guardian [Read Article] Thursday 20th of July 2017 04:48:26 PM
....Two MPs have been threatened with arrest after attempting to “doorstep” the bosses of Viagogo at the controversial ticket resale company’s “secret” offices in central London. Conservative MP Nigel Adams and Labour’s Sharon Hodgson said they felt they had no choice but to turn up at Viagogo’s offices on Fenchurch Street in London on Thursday as the “shifty, slippery and secretive” company continues to ignore all official correspondence after snubbing the parliamentary inquiry into ticket touting. ...
Jeremy Corbyn could rip away YOUR state pension: Labour set to 'means-test' key benefit image
....55 per week - is safe under Prime Minister Theresa May. However all options for saving money remain on the table for Labour, including means-testing. ...
Culture secretary keeps Rupert Murdoch waiting over Sky deal image
Source : Guardian [Read Article] Thursday 20th of July 2017 11:26:27 AM
....”. The deputy Labour leader and shadow culture secretary, Tom Watson, chastised Bradley, saying she did not need to operate on Fox’s corporate timeline and there was no need to come back with a decision while parliament was in recess. ...
Grayling sparks fury by scrapping rail electrification plans image
Source : Guardian [Read Article] Thursday 20th of July 2017 11:21:48 AM
.... This means that we no longer need to electrify every line to achieve the same significant improvements to journeys, and we will only electrify lines where it delivers a genuine benefit to passengers,” he said. Labour said the news showed the Conservatives had been “taking people for a ride”. ...
It’s not just the BBC: pay disparity is a blight on the whole UK | Polly Toynbee image
.... He (yes, usually he) gets four times more in a year than she (usually she) gets in a lifetime’s work. Labour’s manifesto promised a strong disincentive to companies paying over the odds by charging firms a 2. ...
Why my ‘gig economy’ review favours gradual change over quick fixes | Mathew Taylor image
.... The thing about gradualism is that it opens up new possibilities. If the government turns parts of my report into legislation – and given Brexit this is a big “if” – the Labour movement will face a choice: welcome significant but gradual change while arguing for more in the future, or reject reform on the grounds that only a transformation of our economy and our system of industrial relations can deliver meaningful progress. ...
GlaxoSmithKline to sell UK Horlicks brand and scrap factory plans image
Source : Guardian [Read Article] Wednesday 19th of July 2017 02:51:53 PM
....”. Cameron said the move was “a major investment that will create many highly skilled jobs and provide a huge boost to the area”, while the area’s Labour MP, John Woodcock, called it “a major vote of confidence” in the workforce. ...
Forced to work until you are 68! State pension age rise brought forward SEVEN years image
....However, experts said the Government is set to face a huge battle to get the accelerated state pension age passed through parliament. In the run-up to the election Jeremy Corbyn had promised to scrap increases to the that were already planned as part of the Labour manifesto. ...
State pension age to increase seven years earlier than planned image
Source : Guardian [Read Article] Wednesday 19th of July 2017 01:44:22 PM
....He said failing to act “would be irresponsible and place an extremely unfair burden on younger generations”. However, Labour and charities were quick to condemn the plans, with the shadow work and pensions secretary, Debbie Abrahams, describing them as “anything but fair”, and arguing that many pensioners faced a “toxic cocktail” of ill-health long before they reached 68. ...
Russell Group urges rethink on student loan interest rate image
Source : Guardian [Read Article] Tuesday 18th of July 2017 05:40:15 PM
....”. Labour’s shadow education secretary, Angela Rayner has been granted an emergency debate on tuition fees in the Commons on Wednesday. ...
Now we find out the real cost of austerity – our lives cut short | Owen Jones image
.... They made apocalyptic warnings of what would happen if they did not eliminate the deficit by 2015; they didn’t get close, and now that target has vanished off to the distant mid-2020s. They added more debt then every Labour government. ...
How could we cope if capitalism failed? Ask 26 Greek factory workers | Aditya Chakrabortty image
.... Dissenters are told they are “talking Britain down”. Any actual outbreaks of democracy, such as members of the Labour party wanting more of a say over their representatives, are leapt upon as an instance of mob rule. ...
UK 'sleepwalking' into food insecurity after Brexit, academics say image
Source : Guardian [Read Article] Sunday 16th of July 2017 11:01:34 PM
....“This will hamper not just food safety but environmental protection [and] employment protections,” he said. Mary Creagh, a Labour MP who supports the Open Britain pressure group, said the report “sets out the truly worrying consequences of a hard Brexit”. ...
The Guardian view on the 1%: all gain, no pain | Editorial image
Source : Guardian [Read Article] Sunday 16th of July 2017 06:59:34 PM
.... So they get paid whatever they can get away with. Labour have their answer: taxing the rich and spending to reshape the welfare state. ...
Workers’ rights need more protection in the gig economy | Letters image
Source : Guardian [Read Article] Sunday 16th of July 2017 04:37:34 PM
.... If gig companies are required by law always to abide by the minimum wage, even if that means a loss in flexibility, they will need to regulate the supply of labour or pay from their profits the minimum wage when there is not the level of demand to pay all workers at that rate. Frank Field MPLabour, Birkenhead. ...
Election euphoria won’t last if Labour doesn’t foil Brexit folly image
Source : Guardian [Read Article] Sunday 16th of July 2017 05:59:13 AM
....Now, one of the many rival, or complementary, explanations for the recent election result was that it constituted a final revolt against austerity. The Labour party under Jeremy Corbyn and John McDonnell most certainly struck a chord with its emphasis on the economic and social damage George Osborne’s austerity policies have wrought – and which, despite some minor concessions, are still largely in force. ...
British Airways cabin crew strikers prepared for long haul image
Source : Guardian [Read Article] Saturday 15th of July 2017 03:00:09 PM
.... That has been exacerbated by £250 rewards dangled before those who now come to work: paid for from bonuses stripped from strikers, as internal emails to staff show. Labour has backed the strikers: an early-day motion tabled by Lisa Nandy MP notes that group chief executive Willie Walsh is paid 533 times the starting basic pay of a mixed fleet crew member. ...
Top 1% of households in UK fully recovered from financial crisis image
Source : Guardian [Read Article] Friday 14th of July 2017 11:01:36 PM
....It added that the year running up to last month’s general election had seen weaker wage growth, higher inflation and frozen welfare benefits and that these offset any gains from rising employment. Groups that strongly supported Labour in the election – those aged under 35 who have been frozen out of home ownership by low wages and high prices – have fared particularly badly. ...
Retirement age MUST rise or young families pay the price, pension committee head warns image
....The growing cost of retirement payouts will have to be paid by either pushing back the official retirement age, or through lowering the welfare of working age people, according to the politician whose reappointment as chair of the pensions committee was confirmed this week. Despite Jeremy Corbyn's campaign pledge to keep the triple lock, the Labour MP said he is "very happy" to keep pushing for the state to drop the guarantee. ...
British companies must have voices heard on Brexit, says MP image
Source : Guardian [Read Article] Friday 14th of July 2017 05:26:11 PM
....Rachel Reeves, the chair of the House of Commons business select committee, says she will use her powerful new role to ensure Britain’s companies can make their voices heard on Brexit. The Labour MP for Leeds West, and former Bank of England economist, beat three of her colleagues, including Liam Byrne, to the job on Wednesday, in an election among MPs from all parties. ...
Ofcom made serious errors over Murdoch Sky bid, say high-profile MPs image
Source : Guardian [Read Article] Friday 14th of July 2017 03:31:40 PM
....A group of high-profile senior MPs have claimed that Ofcom made a “serious legal error” in its handling of Rupert Murdoch’s bid for Sky and could face a judicial review unless the government orders a full investigation into the threat to broadcasting standards from the deal. Ed Miliband, the former Labour leader, Sir Vince Cable, the Liberal Democrat leadership candidate, Kenneth Clarke, the former Conservative chancellor, and Lord Falconer, the Labour peer and former lord chancellor, claim in a letter to the government that there was a “fundamental failure” in Ofcom’s investigation into the proposed £11. ...
The Tories have failed to fix the roof – and now storms are brewing | Larry Elliott image
....It was one of George Osborne’s most effective soundbites. Before, during and after the 2010 general election, the man who served as David Cameron’s chancellor for six years blamed his austerity measures on Labour’s failure to “fix the roof while the sun was shining”. ...
Heathrow night flights to continue until third runway is built image
Source : Guardian [Read Article] Thursday 13th of July 2017 12:54:07 PM
....Theresa May’s loss of her majority is unlikely to significantly affect the chances of the vote passing through the House of Commons. Although the Labour leader, Jeremy Corbyn, and the shadow chancellor, John McDonnell, whose constituency borders the airport, are personally opposed to third runway expansion, a majority of the party’s MPs are in favour. ...
UK public finances face twin threat from Brexit and downturn, says OBR image
Source : Guardian [Read Article] Thursday 13th of July 2017 12:07:53 PM
....Hammond described the report as a “sober analysis” and a “stark reminder of why we must deliver on our commitment to deal with our country’s debts”. He added: “The Labour party would ignore these warning signs from the OBR, adding to the bill that our younger generation will have to pay. ...
Southern rail: unions say £13.4m fine is ‘less than a slap on the wrist’ image
....Southern rail’s owner has been fined £13. 4m by the government, prompting a Commons clash with Labour over whether the company or unions were primarily to blame for two years of disruption to services between London and Brighton. ...
Chancellor needs to find an extra £33bn a year to end austerity, says IFS image
....4% last year and is the lowest it has been since 2003-04. Labour has argued that a deficit of 2. ...
May says she will help gig economy workers but fails to pledge new laws image
....However, she did not promise to implement all his ideas and stressed the importance of enforcing existing legislation and cooperation by companies, implying she may first go down a route of persuading business to change its practices voluntarily. She defended the continuation of zero-hours contracts, which Labour has pledged to abolish, saying the UK could not turn the clock back on new working practices. ...
The Taylor review could make things worse for workers. What a surprise | Owen Jones image
....Matthew Taylor – asked by the Tories to convene the review – is an eloquent writer. He also hails from the “true believer” wing of New Labour. ...

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