MBDA’s Alabama factory makes components for Boeing’s GBU-39 bombs used to kill civilians in Gaza. Its profits flow through Stevenage to Paris — and it is one of the British government’s favourite firms, reveals SOLOMON HUGHES

BRITAIN’S economy is in dire straits. New figures released by the International Monetary Fund (IMF), which cannot be accused of anti-capitalist bias, estimate that the UK economy will shrink by 0.3 per cent this year, making it the worst-performing G7 economy.
This will have disastrous consequences for ordinary people already suffering from the worst cost-of-living crisis in decades amid soaring inflation and declining real wages.
That the Tory government’s savage austerity policies offer no way out of this crisis — indeed, are a major cause of Britain’s economic problems — is an issue that is well understood and debated within the labour movement.



