You can read 9 more articles this month
THE economy is nose-diving thanks to Tory mismanagement, trade unions and Labour warned yesterday.
As new figures revealed falling productivity for the fourth successive quarter, shadow chancellor John McDonnell said: “With our economy shrinking last quarter, business investment tumbling, and scandal after scandal in the finance sector, it’s clear that the Conservatives cannot be trusted on the economy.”
The latest labour force survey by the Office for National Statistics showed that real wages are still falling and are worth less than 10 years ago.
TUC general secretary Frances O’Grady said: “With wages not yet recovered from the financial crisis, workers now face the risk of a new recession.”
She called for abolition of insecure zero-hours contracts.
General union GMB warned that 525,000 more jobs were expected to go in a “no deal” departure from the EU.
Neil Foster, GMB national research and policy officer, said: “This prime minister does not appear to care about anyone else’s job other than his own.”
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by joining the 501 club.
Just £5 a month gives you the opportunity to win one of 17 prizes, from £25 to the £501 jackpot.
By becoming a 501 Club member you are helping the Morning Star cover its printing, distribution and staff costs — help keep our paper thriving by joining!
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by become a member of the People’s Printing Press Society.
The Morning Star is a readers’ co-operative, which means you can become an owner of the paper too by buying shares in the society.
Shares are £1 each — though unlike capitalist firms, each shareholder has an equal say. Money from shares contributes directly to keep our paper thriving.
Some union branches have taken out shares of over £500 and individuals over £100.
You can’t buy a revolution, but you can help the only daily paper in Britain that’s fighting for one by donating to the Fighting Fund.
The Morning Star is unique, as a lone socialist voice in a sea of corporate media. We offer a platform for those who would otherwise never be listened to, coverage of stories that would otherwise be buried.
The rich don’t like us, and they don’t advertise with us, so we rely on you, our readers and friends. With a regular donation to our monthly Fighting Fund, we can continue to thumb our noses at the fat cats and tell truth to power.
Donate today and make a regular contribution.