Campaign news

After Six Wasted Years of Tory Economic Failure - The National Debt Continues to Rise

29th December 2016

John McDonnell MP

The ONS public sector finance figures out last week, show that public sector net debt has increased by £58.6bn since November 2015 and is now at £1,655.1 billion at the end of November 2016, equivalent to 84.5 per cent of GDP.

After six wasted years of Tory economic failure, supported by both Philip Hammond and Theresa May, the deficit has not been cleared as they promised, and the national debt continues to rise.

Yet despite their broken promises on the public finances they continue to hand out huge tax giveaways to big business and a wealthy few, while enforcing spending cuts on everyone else; underfunding our NHS and leaving our care system in crisis for the most vulnerable this Christmas.

Only Labour has a serious plan for public finances with strategic investment underpinned by our Fiscal Credibility Rule, to help build an economy where no one and no community is left behind.

Background

By Ian Hodson It’s great news that a mainstream political party has recognised the importance of taking positive action to raise pay. Since 2008, politicians from all parties along with many in the media, have pushed the narrative that society will somehow improve by imposing austerity and blaming minority groups for the state of the country’s finances. Sadly, many have fallen for this deception and the ‘look over there’ politics that has rose to prominence since the Conservatives returned to power in 2010. [continue...]

Folkestone United – coming together to support migrants Bridget Chapman, Folkestone United, reports [continue...]

No Witch-Hunts In The GMB, Reinstate Keith Henderson (The Online Petition) Keith Henderson Essex LRC member and former Regional Organiser of the GMB Union was dismissed from the GMB last December, Keith has always believed that the real reason for his dismissal was because of his socialist beliefs and the manifestation of his beliefs. [continue...]

Please see our Labour Briefing Website here: LabourBriefing.org [continue...]

The LRC is supporting a broad alliance of campaign groups and trade unions against the proposals in the Welfare Reform Bill (currently before Parliament) and putting forward our alternative based on social justice and welfare for all. [continue...]

Across the country working people are losing their jobs and their homes. Meanwhile the bankers who plunged us into this crisis have been bailed out with billions of pounds of our money. It’s time to fight back. Their Crisis Not Ours! is the LRC’s campaign to bring together workers, pensioners, the unemployed, students, those facing repossession and all those suffering because of an economic crisis that has been imposed on us. The campaign is supporting the demands of the People’s Charter. [continue...]

Rail bosses are using the recession as an excuse to attack jobs and conditions and cut back on services and essential rail works, and hike rail fares - as LEAP research suggested they would. Thousands of jobs are being threatened or have been lost. At the same time rail fat cats are raking in big profits and bonuses on the back of the most expensive fares in Europe. Make no mistake: as the recession worsens so will the attack on rail workers and rail services. [continue...]

The campaign calling on the Government to abandon its plans for privatisation of Royal Mail. The Government has introduced the Postal Services Bill to part-privatise the Royal Mail. With our affiliate union CWU we are fighting to Keep the Post Public! [continue...]

The campaign to demand the Government funds improvements to all existing council housing, and to start building first class council homes to address housing need. For more information see Defend Council Housing website. [continue...]