With grim predictability the relentless economic conservatives in this Tory-led government have made the incision that starts the slow bloodletting of our bit of Lloyds on the London stock market.
What else could we expect from an incompetent Chancellor who follows the out-of-date mantra that sees salvation only in giving up government powers over our society and handing them to discredited "market forces."
Yesterday's sale of 6 per cent of the bank was well-trailed, and reflects the dogmatic phobia among the right of having to do anything more than set fragile rules within which, it is claimed, markets will deliver us to riches.
The question is not simply how much we spend on defence, but what we understand defence and security to mean, says SIMON BRIGNELL
Critics of UBI underestimate both its political significance and its economic potential, writes BERT SCHOUWENBURG
PHILIP ENGLISH says military spending will not create the jobs young people need — instead, build an economy based around needs, not profit



