Fownhope’s Heart of Oak Society traces its roots to the age of friendly societies, when communities provided their own safety net. Its anniversary celebrations reveal a tradition still very much alive, says MARK SEDDON
Latest editorial
Is economic uncertainty all about the Leave vote?
Decades of unfettered and unregulated capitalism have distorted our economic system, writes JOHN ELLISON
ANGUS REID explains the significance of Cuba’s egalitarian in letter and spirit Family Code and the pertinent lessons it holds for democracies anywhere in the world
Special report by PEOPLE’S WORLD
NICK WRIGHT considers how the isolation of Israel and a new film on the controversial Italian communist leader are creating new reference points for Italy’s left
CARLOS MARTINEZ says Cuba’s achievements in the face of a criminal blockade are startling, but the island’s future if the United States succeeds in crushing it looks bleak
AMNON BROWNFIELD STEIN reports that far-right MPs who mobbed the event organised by Hadash may have helped raise awareness of the brutality of the Israeli right
POST-EU-referendum economic crisis is with us. On July 7 it was reported that the share values of the FTSE 250 index of leading companies — many of them British, not multinationals — was down on average 10 per cent since the referendum outcome was announced, and that the falling British pound had reached a level against the dollar not seen since 1985.
Depreciation of the pound implies both dearer imports and a much needed stimulant for exports.
To cap that, the mark-down of commercial property share values has caused the managers of huge retail property funds to bar withdrawals by investors, so that sell-offs can be conducted in an orderly fashion.
Similar stories
CLAUDIA WEBBE says the US is tightening the noose to destroy Cuban socialism — the need for immediate, international solidarity is urgent
If the government really wanted to address public finances, improve living standards and begin economic recovery, it would increase its borrowing for investment, argues MICHAEL BURKE
As the dollar falters and US power turns predatory, Britain and Europe must abandon transatlantic illusions and build a collectivist alternative before the system implodes, writes ALAN SIMPSON
