Feature: Parents Are Having to Steal Formula Milk. Make It Free Again
by Sarah Woolley
National Milk fed 85% of British babies in 1974. As £19 formula pushes parents to desperation, why aren’t we bringing it back? Sarah Woolley reports.
Tag: inflation
Opinion: Supermarket Loyalty Schemes Are Turning Privacy Into a Luxury
by Jake Hurfurt
With inflation soaring, supermarkets are taking advantage of cash-strapped shoppers and getting them to part with their data.
Analysis: Jeremy Hunt Is Desperate to Ditch the Energy Price Cap. Too Bad His Own Voters Need It
by Ell Folan
Last week chancellor Jeremy Hunt was again forced to U-turn on lifting the energy price cap. Try as they might to ditch it, necessity has bound the Tories to the policy, writes Ell Folan.
Analysis: Who Would a Housing Crash Hurt?
by Matteo Tiratelli
Even if the fabled crash happens, writes Matteo Tiratelli, it might not be good news for renters.
Analysis: Britain’s No-Growth Economy Means Politics Is Only Going to Get More Chaotic
by Aaron Bastani
In the democratic era, economic growth has funded the policies both parties have used to generate consent. Now our economy is stagnating, we should only expect more instability, writes Aaron Bastani.
Analysis: Cost of Living Crisis? Not for the Rich
by Ell Folan
Ordinary people are feeling the pinch on energy, food and rent – while in their well-insulated, mortgaged homes, the rich are hardly feeling anything at all. Ell Folan explains.
Explainers: Why Postal Workers Are Going on Strike
While company management are paid in the millions, and receive bonuses for failure, postal workers at Royal Mail are being treated like mud. Today they are going on strike. Aaron Bastani explains the reasons behind the strike – and how bosses at the top are out of control.
Analysis: The Coming Recession Will Be Worse Than 2008
by Aaron Bastani
Britain’s economy has been spluttering since the dawn of the iPhone. There is no law of nature that says this won’t continue for the next 15 years - or longer. A political elite that thinks otherwise is taking your consent for granted.
Explainers: Why BT Workers Are Going on Strike
BT recorded £2 billion in profits before tax last year. Its CEO, Philip Jansen, enjoyed a salary of £3.5 million. Yet it’s now offering engineers & call centre workers a real terms pay CUT. Aaron Bastani explains why BT workers have had enough.
Explainers: The Establishment’s Plan to Deal With Inflation
As inflation rises the establishment has a solution: we all need to get poorer. The alternative is for profits to fall – but that is unacceptable to the powerful. Aaron Bastani on how only unions can save us.
Opinion: Of Course Sunak Says Inflation Can’t Be Fixed. Fixing It Would Mean Taxing Billionaires Like Him
by James Meadway
If everyone is paying more for things, but most of us aren’t earning more money, someone is pocketing the difference, writes James Meadway.
Analysis: Middle Britain is About to Get Monstered By Our Economic Model
by Aaron Bastani
The Bank of England is predicting that inflation could hit 10% this year. If so, it'll hit Middle Britain for six, argues Aaron Bastani.
Analysis: The Tories Expect Massive Public Demands on the Cost of Living Crisis. Why Aren’t We Making Them?
by James Meadway
Rishi Sunak knows his spring statement was a failure and is already bracing for pushback. Let’s exploit his weakness, writes James Meadway.
Opinion: How to Solve the Cost of Living Crisis? Pay Rises, Now!
by James Meadway
With inflation in the UK hitting a ten-year high, a significant squeeze on living standards lies ahead, writes James Meadway. The most obvious way to stop this is to pay workers more.
Analysis: Bitcoin’s Wild Fortnight Is a Reminder of Why Crypto Won’t Replace Conventional Currencies Any Time Soon
by James Meadway
Elon Musk might have changed his mind on bitcoin, but China hasn’t. It's a reminder, writes James Meadway, that whatever the whims of billionaires, cryptocurrencies remain at the mercy of central banks.
Why Has the Bank of England Decided to Raise Interest Rates?
by Grace Blakeley
Our current economic malaise won’t be solved by an interest rate hike. If anything, last week's move from the Bank of England is likely to make things far worse, argues Grace Blakeley.
Zimbabwe in Crisis: Who Will Replace Robert Mugabe?
by Ayo Awokoya
Zimbabwe is teetering on the edge of a precipice — and potentially a military coup. The country, long dogged by political turmoil and economic instability, is facing more uncertainty than ever before as infighting within its ruling party intensifies.
What is deflation and what does it mean for the working class?
by James Meadway
Yesterday the UK went into deflation. George Osborne praised the "good news" while many economists were far more cautious. James Meadway from the New Economics Foundation explains what deflation is and what it means for the economy, wages and the working class.