Category: Economy

Page of 7

Why are you prioritising profits over people, Mr Rees-Mogg?

Editor-in-chief
Jacob Rees-Mogg

As a Yeovil resident and writing in a personal capacity rather than as a county councillor, Oliver Patrick has asked his MP Marcus Fysh to forward a letter to Jacob Rees-Mogg – the new Secretary of State for Business, Energy and Industrial Strategy. In the letter Oliver says he has “grave concerns” over the way […]

Truss and Kwarteng are panicking about the £. So they should

Andrew Levi

The Sunday Times reports that Liz Truss and Kwasi Kwarteng are panicking about the £. So they should. Or rather, they should take the necessary action. Now. Andrew Levi sets out what they need to do to avert disaster: ✅ massive extra govt spending (otherwise business, economic and social collapse) ✅ tax back much of […]

Johnson was a disaster. Truss has set out to be worse

Richard Murphy

Yesterday [6 September 2022] was bad. It was, in fact, very, very bad. If Johnson was a disaster, Truss has set out to be worse. Richard Murphy very much doubts that any prime minister has set out to create so many conflicts from the outset of their premiership in the way that Truss has. The […]

The Truss growth plan: more money for the rich

Mark E Thomas

Truss has launched her so-called ‘plan for growth.’ This article shows that the likely impact of that plan is to redistribute wealth upwards at an increasing rate, impoverishing most of the UK population. The post-war period 1945-1980 was known as the Golden Age of Capitalism; the period from 1980-2015 was the age of Market Capitalism. […]

Truss trips up over pay policy, but keep your eyes peeled…

Rachel Marshall

“Let me be clear.” It’s the politician’s go-to phrase when they’re in a tight spot and an indicator that a swerve, obfuscation or outright lie is incoming.  And there we were again, as our Liz was being clear about her mess of a policy around regional pay. Truss is a serial offender at being “absolutely […]

“My small business is in ruins and I see no way out.” An update

Anthea Simmons

More than a year ago we published this article about two small businesses being ruined by Brexit. We now have an update from the second of those profiled – Steve Shovlar. Over to you, Steve. (Oh, and just to explain, ‘Sir’ Steve references the ludicrous award of a knighthood to Gavin Williamson, a serial failure […]

Brexit’s impact on Bournemouth

Sarah Cowley
UK and EU flags on jigsaw puzzle pieces, held apart

Perhaps the journalist for Bournemouth Echo had guessed that Jacob Rees-Mogg was about to be handed the ‘exciting’ challenge of proving the advantages of Brexit. None seem to be immediately discernible. The Public Accounts Committee (PAC) released a report on 9 February, which revealed that “the only detectable impact so far is increased costs, paperwork […]

Seeking driving work in the times of Brexit and the hostile environment

Tomasz Oryński
Articulated lorry cab

You might remember my articles from last year, when I explained why people don’t want to work as lorry drivers anymore. I came with several reasons why Britain suffers from a driver shortage. Surely now, when we have established that the economy does needs truckers, companies would be doing everything to attract them, right? Surely […]

“It’s business, Boris…but not as we knew it”

Julian Andrews
mussel fishing vessel

Imagine that you run an innovative, environmentally sustainable enterprise which employs your wife, your kids and ten local people. You’ve been in the business for over 30 years and you know exactly what you’re doing. You and your family have invested decades’ worth of emotion, aspiration, knowledge and money in it. You’ve won the industry’s […]

Democracy in danger: call to action

Sadie Parker
Green peers Jenny Jones and Nathalie Bennett challenge Patel's dreadful Bills

Sadie Parker explains why we need to act now to arrest the erosion of our democracy and rights. In January 2022, two of the worst Bills ever conceived by a British government return to the House of Lords: the Nationality and Borders (NB) Bill on 5 January, and then on 10 January it is the […]

Liz Truss: the free market ideologue now ‘negotiating’ Brexit

Tom Scott

This 2019 article is from Tom Scott and Molly Scott Cato’s Cabinet of Horrors blog. It remains extremely pertinent, especially so given Truss’s move to ‘negotiate’ Brexit following Frost’s resignation. That’s the same Brexit Johnson and Frost claim to have got done… It would be easy to dismiss Liz Truss as an intellectual lightweight, and […]

Johnson’s high-wage hype: a fake plan for a real crisis

Mick Fletcher
shot of HGV from a bridge

It is really hard to believe they are serious. A predictable shortage of labour because of Brexit, dismissed in the referendum campaign as ‘project fear’, has suddenly become part of the plan all along. Loyal Tories have apparently swallowed Johnson’s claim that crises in the supply chain show we are moving to a high-skill, high-wage […]

Why on earth is the government mucking about with our data privacy laws?

Mariano Delli Santi

Thursday 9 September, evening: the UK Government published their long-awaited proposal for a new UK data protection regime. The new framework is the peak of a journey which Open Rights Group has followed closely, starting from the National Data Strategy and down to the TIGRR report and the Digital Regulation Plan. We will analyse and react to Government consultation thoroughly, […]

What can be done about tax havens? Part 1: the abuse of tax havens by multinational corporations

Richard Murphy

In the first four videos in this series on tax havens I have explored how they work, what they abuse, and why that abuse should worry anyone who is concerned for fair markets, the rule of law and democracy, all of which tax havens (or secrecy jurisdictions as I prefer to call them) actively seek to undermine.   This then leads to the obvious question, which […]

A beginner’s guide to supply chains

Eric Gates

The term ‘supply chain’ is bandied around frequently in discussions about Brexit. Since it appears  that some cabinet ministers have a somewhat hazy grasp of the phrase, I wonder if it would be helpful to explain it in simple terms. I am not trying to imply that readers of West Country Voices have an understanding […]