The Communist Party has launched a stinging criticism of today’s (3 March 2021) budget by Tory Chancellor Rishi Sunak. Chancellor Rishi Sunak’s Budget is for the profits of the few rather than the wellbeing of the many. He plans to dole out many more billions to big business but still refuses to admit who is going to end up paying for yet another eye-watering bail-out of British capitalism. He claims economic growth will generate some of the tax revenues needed, yet the Office for Budget Responsibility has now cut its economic growth forecasts for every year from now until the end of 2025 except the next one.
British energy company Cairn is set to become the latest in a long list of predatory institutions that drain the Indian people of their resources for profit. A long-running corporate tax case concluded that the Indian government must pay Cairn $1.2 billion in damages after it broke the 2014 UK-India bilateral investment treaty by claiming Cairn’s 10% stake in its Indian subsidiary.
The ongoing pandemic continues to wreak havoc on the UK economy. While the socialist countries have been able to move past this period of turmoil, protecting their economy, and more importantly, saving countless lives; the UK continues to suffer.
What is the future for work and workers? As part of it’s Centenary calendar, the Communist Party is hosting an important conference with leading activists and researchers, to question these fundamental issues and discuss how activism can have an impact.
Vietnam’s astounding economic progress is set to continue into the new year despite COVID-19 and the general disruption in international economies and supply chains caused by worldwide lockdown this year. All the while having far fewer deaths than countries such as the UK even with a much larger population and sharing a massive land border with China, the outbreak’s origin.