Latest editorial
THE government’s sale of a 7.7 per cent stake in the Royal Bank of Scotland was condemned yesterday by the bank staff’s union Unite.
UK Government Investments confirmed the sell-off on Monday, reducing the public holding in the bank to 62.4 per cent.
Unite national officer Rob MacGregor said that the sale — at a loss of £2 billion in the value of shares bought by the British taxpayer in the bank’s 2008 bailout — is “a betrayal of public finances.”
By making it simpler to support workers in struggle, Strike Map’s new Solidarity Fund aims to strengthen strikes when they need it most, write ROBERT POOLE and HENRY FOWLER
Only an ambitious programme of state-led investment can restore growth and improve living standards, argues MICHAEL BURKE
Years of underfunding are eroding Scotland’s local services and deepening inequality in communities, says VINCE MILLS
If the government really wanted to address public finances, improve living standards and begin economic recovery, it would increase its borrowing for investment, argues MICHAEL BURKE