What is private equity?
Far from creating wealth or adding value, private equity (PE) is another capitalist way to filch wealth already created by workers.
News/Views
Consultants accept new offer
Hospital consultants in England have voted to accept a pay offer. The offer will see most consultants receive increases of between 2.9 and 12.8 per cent on top of 6 per cent already offered in November 2023.
Teachers Pay: Preparing for battle
After a year of unprecedented industrial action, the National Education Union discussed what to do next in its ongoing pay campaign at its Easter conference.
Wales: Fighting for convenience
Local councils are cutting services and closing facilities across the country. One small town in Wales is making a stand.
Financial systems as weapons
As communications systems have become ever more centralised and monopolised, so too has state control of them. They are now weapons of war…
1918: The war of intervention
After the bloody world war between rival imperialisms, the British ruling class and its allies turned their attention to the infant Soviet Union…
Nottingham goes bankrupt [print version]
Local government minister Simon Hoare announced in February that commissioners would be appointed to run Nottingham City Council.
Migration: Legal and soaring [print version]
The increase in net migration into Britain is mainly driven by legal routes and not by people smuggled into the country.
Still fighting the P&O sackings [print version]
P&O Ferries workers are continuing to protest against the notorious sacking and re-hiring scandal.
Up for the Cup – but no more replays
22 April 2024
The FA wants to drop cup ties replays. Like the European Super League it’s an example of how capitalism invades and spoils if left to its own devices.
US arms spending will start wars
22 April 2024
The USA has worsened the prospects of peace in three regions of the world. It has voted funds for increased military support to Ukraine, Israel and Taiwan. Described as enabling defence and security, this action will escalate already dangerous situations.
Middle East: keep Britain out of war!
22 April 2024
Escalating military action in the Middle East threatens a wider war. What can workers in Britain do about it? We need to be united and to assert Britain’s interests, which are not to be involved in foreign wars.