"Successive UK govts have expected the City of London to revive the economy. This faith is misplaced."

"In 2024, £25.3bn new shares issued on the London Stock Exchange
£92.1bn paid in dividends
£57.1bn paid in share buybacks."

"Companies sweat assets, leads to low productivity."

"Yet no govt reforms."

#PremSikka #StopNeoliberalism

https://leftfootforward.org/2025/08/our-state-has-become-a-guarantor-of-corporate-profits/

Our state has become a guarantor of corporate profits

Equitable distribution of income and wealth would go a long way towards stimulating domestic demand and investment...

Left Foot Forward: Leading the UK's progressive debate
Trump’s newborn savings accounts a ‘back door for privatizing Social Security,’ Bessent says

The accounts, known as ‘Trump accounts,’ were set up in the GOP’s new tax and spending law, the One Big Beautiful Bill Act.

The Washington Post
Trump’s newborn savings accounts a ‘back door for privatizing Social Security,’ Bessent says

The accounts, known as ‘Trump accounts,’ were set up in the GOP’s new tax and spending law, the One Big Beautiful Bill Act.

The Washington Post
A Better Future - emptywheel

But the billionaires and their allies will burn money and the planet to control our future.

emptywheel
A Better Future - emptywheel

But the billionaires and their allies will burn money and the planet to control our future.

emptywheel
Establishment holds emergency meeting to come up with smear for Corbyn's new party

The establishment has gone into panic mode after Jeremy Corbyn launched a website where people can sign up to support his new party.

Normal Island News
Establishment holds emergency meeting to come up with smear for Corbyn's new party

The establishment has gone into panic mode after Jeremy Corbyn launched a website where people can sign up to support his new party.

Normal Island News
Jeremy Corbyn launches new party to 'take on the rich and powerful'

The former Labour leader joins forces with fellow Independent MP Zarah Sultana to launch "a new kind of political party".