Birmingham’s bin workers once again have had to strike to stop job losses and pay cuts, after the Labour council reneged on a previously agreed deal.
Royal Mail was privatised in 2013. The initial public offering went for a paltry £1.98 billion for the country’s postal services. This was a bung to the financial speculators by Vince Cable, the then Business Secretary in the Tory-Lib Dem government. On the first day of trading, share prices jumped 38%, making a tidy sum for the financial speculators.
For the first time ever, McDonald’s workers in Britain are be striking. The first day of this historic strike, on the 4th of September will see some of the worst treated, lowest paid and precarious workers taking on the notoriously anti-union McDonald’s at its restaurants in Cambridge and in Crayford, south-east London.
Like most working class people, our family has been hit hard by the austerity agenda imposed over the last ten years by Westminster and Stormont to bail out the bankers and super-rich after the economic crisis they created.
The surge in price rises continues unabated. Official figures released in May put inflation at a rate of 2.9%, with most economists predicting further price rises this year.