George Osborne’s loyalty to austerity has been criticised yet again this week in light of figures which reveal that wages may no longer cover the cost of living.
Whilst people’s living standards continue to fall, figures from The Office of National Statistics this week have shown that real earnings have also decreased by 1.6% over the past year, with levels this low last being seen at the turn of the century.
'Selling off NHS for profit': Tories' and Liberal Democrats' links with private healthcare firms revealed
PM David Cameron and Health Secretary Jeremy Hunt are among 64 Tory MPs named in a study by Unite - Lib Dems Nick Clegg and Vince Cable are also on the listRead more
The TUC has released research showing that only one in forty jobs created since the recession is full-time.
Much has been made of growth and unemployment in the news recently, with official figures showing unemployment having fallen below 2m. However, stagnant wage growth has posed a challenge to the spin around the figures.Read more
A property company controlled by a millionaire Tory MP said it would sell its stake in an east London estate where hundreds of residents face massive rent rises.Read more
The Daily Mail front page caught my eye yesterday: it announced that trade unions were now paying their members to go on strike. I confess to being almost impressed at that infernal organ's ability to alchemise scandals out of the prosaic, and it got me thinking about the other myths that are commonly peddled about trade unions. Let's have a look at six regulars, and give them a good old busting.Read more
New polling reported in the Financial Times shows public enthusiasm for austerity waning. After four years of assurances that Osborne’s axe-wielding would be necessary to bring the public finances back under heel, the failure of his programme is becoming apparent. The Chancellor expected the budget deficit this year to be £40bn, but it’s actually closer to £100bn, having risen by 10% in the last year.Read more