Latest editorial
Trade unions warned yesterday that the Tories are heralding a return to the “same broken model” that led to the 2008 crash, after news that City fat cats are expecting a 21 per cent rise in bonuses.
Senior financiers told researchers that they expected to see a rise this year from £102,000 on average to £124,000 as firms thrive under Chancellor George Osborne.
Millions of public and private-sector workers may be facing frozen wages or pay cuts, but the financial sector is booming — in part because of billions in public cash has been passed directly into the hands of City institutions.
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
Friedrich Merz’s call for a new Plaza Accord ignores how Washington’s 1985 currency ambush destroyed Japan without fixing US deficits — China, a sovereign socialist state with 1.4 billion consumers, cannot be bullied the same way, writes CARLOS MARTINEZ
