Labour’s persistent failure to address its electorate’s salient concerns is behind the protest vote, asserts DIANE ABBOTT
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Interest rate hike risks financial crisis
The Bank of England has been swinging its interest rate bludgeon for the last year, and the wreckage is starting to pile up, warns JAMES MEADWAY
The Bank of England
Washington’s lawless behaviour towards countries in the region it considers its ‘back yard’ should be condemned by all law-abiding people, says LUKE DANIELS
In part I of a serialisation of his new book, JOHN McINALLY takes a look at the early days of organising government workers
Colombia’s success in controlling the drug trade should be recognised and its sovereignty respected, argues Dr GLORY SAAVEDRA
The shadow lord chancellor has recently made a name for himself as an rabid hater of immigration – but there are exceptions to every rule, says SOLOMON HUGHES
Plaid Cymru’s front-bench spokesman on health and social services MABON AP GWYNFOR, in a two-part series, analyses the Caerphilly by-election and the wider political scene in Wales ahead of the 2026 Senedd election
THE Bank of England’s raising of interest rates this week was a poor decision that will do little to nothing to restrain price rises, adds to the financial burdens on households and small businesses and increases the joint risks of recession and financial crisis.
But it’s not all bad news: new figures from Unite the Union show that the four largest banks’ profits are up £7bn since the start of the pandemic, as rising Bank of England interest rates have been turned into higher borrowing costs for households and businesses — while, naturally, savings rates have barely moved.
Sarcasm aside, the best that can be said for the rates rise, with two dissenting members of the rate-setting Monetary Policy Committee voting to keep rates the same, is that the bank is less likely to repeat this madness in future.
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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
