Atoning for their mortgage and pension mis-selling scams has cost the UK banks billions, but their payouts perversely kept consumer spending alive. What happens now?
Austerity
Pluto Press: Grenfell One Year On
Tomorrow is the first anniversary of the Grenfell disaster. What is coming to light is that the causes were all elements of austerity Britain: profit, racism, class war, arrogance, contempt. That is not the end […]
Climate Crisis
ETUC/NEF: Examining the Impact of EU Fiscal Rules on Social and Green Investments
Just three EU countries out of 27 can meet their social and climate commitments under new EU Fiscal Rules. New joint report by the ETUC and NEF. Read the report HERE.
Economics
DeStatis – German Recession: Stock of orders in manufacturing in May 2024: -5.4% year on year
Stock of orders in manufacturing, May 2024 -0.4%, in real terms, on the previous month (seasonally and calendar adjusted) -5.4%, in real terms, on the same month a year earlier (calendar adjusted) Read HERE
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