Latest editorial
[Christopher Bill / Creative Commons]
BIG business has refused to let a good crisis go to waste, according to union Unite, as corporate profits soar by an astonishing 89 per cent while working people continue to struggle.
In a new report, the union has shown that profits for firms in the FTSE 350 across key sectors of the economy have continued to rise while wages lose value and the cost of living grows at the fastest rate in a generation.
Profits being made by the “big four” energy companies — rising by 84 per cent over this period — have been well publicised.
Our economic system is broken – and unless we break with the government’s obsession with short-termist private profit, things are destined to get worse, warns Mercedes Villalba
Climate justice and workers’ rights movements are uniting to make the rich pay for our transition to a green economy, writes assistant general secretary of PCS JOHN MOLONEY, ahead of a major demonstration on September 20
