As Colombia approaches presidential elections next year, the US decision to decertify the country in the war on drugs plays into the hands of its allies on the political right, writes NICK MacWILLIAM
Banker’s bonuses: another Labour betrayal
We are lurching backwards politically now that both major parties are united in servicing the City before all else, writes BERNIE EVANS
Labour leader Sir Keir Starmer and shadow chancellor Rachel Reeves during a visit to the London Stock Exchange Group, September 22, 2023
The move against alleged PKK members that sparked outrage as a community centre in north London was raided last year has now come to trial, writes TONY BURKE, but in the meantime, the peace process abroad has changed the situation almost entirely
A new report points a way to overcome complacent framing of climate issues, ‘by sparking a wider public reckoning with climate realities,’ and reconnecting with working-class people. IAN SINCLAIR reports
We cannot understand today’s world without understanding the rise of China – and we cannot understand China without understanding how it was shaped by the second world war, writes JENNY CLEGG
NICK WRIGHT reports from Italy, where 80 cities saw Gaza strikes as unions paralysed transport and massive crowds clashed with police in Milan — but France is also kicking off, and Westminster, in a very different way, is facing a crisis of legitimacy too
Escalating anti-China rhetoric from the West has a clear purpose – to manufacture consent for the new cold war, and potentially a hot one, argues CARLOS MARTINEZ
WITH plans to “unashamedly champion Britain’s financial services sector,” cut down on “10,000 pages of regulation,” and impose no windfall taxes on banks despite their record profits, it came as little surprise that a Labour government will not reinstate the cap on bankers’ bonuses.
In July last year, for example, Natwest announced half-year profits of £3.58 billion, up from £2.6bn the previous year.
Imagine how much they and the other profiteering banks will be paying in bonuses to people who will have contributed nothing towards the higher profits, which were simply made by the exploitation of British customers, delaying an increase in savings rates after raising them for borrowers immediately after the Bank of England announced hikes in the base rates.
More from this author
BERNIE EVANS despairs of a government that is asking the crooks sucking Britain dry how to get the economy back on track
Labour’s ex-banker Chancellor plans deregulation while City profits soar and customers suffer — between money laundering scandals and the exploitation of Covid loans, it’s clearly time to end this madness, says BERNIE EVANS
Everyone knows the royals cost us all a fortune, but recent revelations have shown mind-boggling greedy behaviour, like charging hospitals and cancer charities rent — it’s time for action, writes BERNIE EVANS
Raising capital gains tax to match income tax is not only economically sound but morally just, potentially raising billions for public services — it’s an absolute no-brainer for any Labour government, argues BERNIE EVANS
