It is the Tories who have a 30% strategy

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It is the Tories who have a 30% strategy by Michael Burke First posted on Socialist Economic Bulletin 20.05.14 Ed Miliband is accused of having a ‘35% strategy’, meaning that he is banking on doing only just enough to win an … Continue reading

Despite Britain’s New Thatcherites, only the State sector has recovered.

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First posted Tuesday, 30 April 2013 on Socialist Economic Bulletin Despite Britain’s new Thatcherites, only the state sector has recovered By Michael Burke The British economy is becoming more dependent on the state.  This is revealed in the latest preliminary … Continue reading

The Logic of Privatisation of the East Coast Mainline

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First posted on Thursday, 28 March 2013 – Socialist Economic Bulletin The logic of privatisation of the East Coast mainline By Michael Burke The Coalition government has announced its intention to privatise the East Coast mainline rail network.  The network … Continue reading

20 YEARS OF LOST OUTPUT

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  First posted Monday, 14 January 2013 at Socialist Economic Bulletin 20 YEARS OF LOST OUTPUT By Michael Burke The Office for National Statistics (ONS) reported the latest data on industrial production as: ‘Production rose by 0.3% between October and November. Within … Continue reading

WHY MORE ‘AUSTERITY’ IS ON THE WAY

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First posted Thursday, 30 August 2012 by Socialist Economic Bulletin Why More ‘Austerity’ Is On the Way By Michael Burke The latest monthly public borrowing data, which show a large deficit in government finances, have widely been hailed as a ‘surprise’. However, SEB has … Continue reading

WHY INVESTMENT NOT CUTS IS KEY

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 Questions and answers: Why investment not cuts is key Reprinted from Socialist Economic Bulletin  28.08.12 The debate on the alternatives to the current failed economic policy of the government has intensified. The renewed downturn in Europe, a British government Budget whose … Continue reading

THE UK’S BUDGET DEFICIT IS RISING NOT FALLING

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Re-posted from  Socialist Economic Bulletin   By Michael Burke The latest public sector borrowing data shows that the UK budget deficit* is widening once more. Indeed despite a series of accounting adjustments which obscure the true picture, it is clear that … Continue reading