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Home » Archives by category » Economy
China: free market not going according to plan
By Peter Main 7 July, 2015 The volatility of the Chinese stock markets in the last week is symptomatic of the problems facing President Xi Jinping’s economic strategy. Between June…
Scandal or business as usual?
By Joy Macready 25 March 2015 Whose customers include drug barons, arms dealers, dictators, terrorists and blood diamond dealers? Why, a bank of course. Leaked documents from an ex-employee show…
2015: their New Year’s resolutions and ours
Chancellor George Osborne’s early Christmas present came in the form of the Autumn Statement, which threatened to cut public spending to levels not seen since the 1930s, writes Jeremy Dewar…
Britain: left unprepared for stormy election period
As Britain approaches its most unpredictable election in many decades, Workers Power surveys the state of the economy, the labour movement and the far left Britain stands on the verge…
The poverty of recovery
By KD Tait Six years into the recession women, young people and part-time workers have suffered the biggest drop in living standards since records began in the Victorian era. The…
Recovery or not, workers have to fight
 As the economy shows signs of growth, the bosses are determined to take the lion’s share George Osborne boasts that Britain’s economy is “turning a corner” and that “those…
China: Slowing growth rates not Beijing’s biggest worry
By Peter Main In July it has become traditional for China’s leaders to leave behind the heat and smog of Beijing and head for the seaside resort of Beidaihe. No…
The logic of wealth inequality
Recent figures show workers in Britain have suffered an average six per cent cut in the real value of their wages. Since 2009 the cost of austerity has seen ordinary…
The Cyprus bailout – a new direction?
The vote was close on Tuesday 30 April as a €23 billion bailout deal scraped through the Cypriot House of Representatives in Nicosia with a two vote majority. The deal,…
UK economy: 20 years of pain?
The Tory government’s new Budget, due on 20 March, will be the focus of a TUC evening rally against austerity, supported by Shelter and the Child Poverty Action Group. Called…
