Latest editorial
Left MPs fighting for Labour to abandon cuts plans won an influential ally yesterday as top economist Ann Pettifor backed their alternative to austerity.
The Policy Research in Macroeconomics think tank chief warned last month that Labour was walking into a trap by aping Chancellor George Osborne’s deficit reduction rhetoric.
Now she has thrown her weight behind 15 MPs who united on Monday to urge shadow chancellor Ed Balls to defy Tory plans for “prolonged austerity.”
A sharp rise in public-sector investment is required to kick-start the economy, argues MICHAEL BURKE
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
Only an ambitious programme of state-led investment can restore growth and improve living standards, argues MICHAEL BURKE
The 2025 Budget shores up the PM’s political position with headline-grabbing welfare U-turns, but with no improvements on offer to declining public services or living standards, writes MICHAEL BURKE