The campaign against the Bank of England’s ongoing theft of Venezuelan gold is gaining support across the labour movement and beyond, writes MATT WILLGRESS
WHEN big corporations supplying critical services exploit their dominant positions, there are two common solutions: from the left, public ownership, and from the centre and right, “more competition.”
The “more competition” plan was tested in energy supply: instead of bringing lower prices and more choice, “more competition” just let a load of spivs cash in while the public was left with a £6 billion-plus bill. Now it looks like the same might be happening in broadband supply.
In energy, the government and the regulator Ofgem were under pressure over the behaviour of the big six energy suppliers. Many felt the top energy firms used their dominance to overcharge customers and generally treat them badly.
Waiting for the grander vision to emerge
PHILIP ENGLISH says military spending will not create the jobs young people need — instead, build an economy based around needs, not profit



