Labour needs a radical alternative to Jeremy Hunt’s wages of misery
As ever more workers take strike action to defend their living standards, Labour must be on their side.
ByAusterity
Austerity is a set of Conservative political-economic policies that cut government spending and increase taxes. These polices aim to reducing government budget deficits and the role of the welfare state. In the UK, austerity has been implemented from 2010 to 2019 under the Coalition and Conservative governments, and again in 2021 to the present. Here you can find all of our latest news, analysis and comment about austerity.
The Autumn Statement was an elegy from a Conservative Party in mourning
While Labour is setting the terms of the next election, the Tories are unable to move on from the legacy…
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What will Jeremy Hunt unveil in his Autumn Statement today?
The Chancellor is expected to announce £24bn of tax rises – and some senior Tory MPs are already expressing dissent.
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Rishi Sunak can’t blame financial markets for his spending cuts
Investors panicked by the reckless mini-Budget won’t be happy when the Autumn Statement’s austerity weakens growth either.
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Labour must resist the siren calls of austerity
The party should enter the debate over the Autumn Statement prepared to fight and win an ideological battle.
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Fascism’s liberal admirers
Austerity is a fiction designed to uphold capitalism – and it has a dark history.
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Leader: The Labour dilemma
If Keir Starmer is to lead a transformative government of the kind the UK needs, he must be more imaginative.
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There is an alternative to austerity
Rather than cutting public spending again, the government should finally tax the UK’s vast reserves of housing wealth.
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Escaping the austerity trap
Inflation is at a 40-year high and the UK economy has stalled – now is Labour’s moment to lead a…
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Ha-Joon Chang: “Talk of a ‘fiscal black hole’ is an insult to the concept”
The South Korean economist on the case against austerity and his new book Edible Economics.
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Can anyone save the NHS?
Short-term sticking plasters rather than long-term healing may be too tempting for Rishi Sunak’s unpopular government.
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The “fiscal black hole” is a dangerous myth to justify austerity
Imposing unnecessary spending cuts would trap the UK in an economic doom loop.
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Labour needs a true alternative to Rishi Sunak’s austerity
The moral case against spending cuts is overwhelming – and so is the economic one.
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Inside the BBC reckoning over its economic coverage
With austerity looming, a review is investigating whether journalists have been prone to bias and misleading analogies.
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The real fantasy economics is Rishi Sunak’s claim that spending cuts are unavoidable
The fiscally responsible approach is to build a strong economy through public investment and tax increases on the wealthy.
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Who will bear the brunt of Rishi Sunak’s austerity?
At his first PMQs as leader, Sunak successfully evaded questions on where cuts will fall.
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There is no mandate for austerity 2.0 – we need a general election now
The 2019 Tory manifesto promises of extra NHS and school funding now read like a joke.
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The market revolt against Liz Truss does not prove that austerity was justified
Far from vindicating the Cameron-Osborne approach, the last few weeks merely prove what a tragic error it was.
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Britain braces itself for the devastation of austerity 2.0
Britons on low incomes dread the Liz Truss government’s “reverse Robin Hood” plan, which prioritises bankers over benefit claimants.
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Who pays for Liz Truss and Kwasi Kwarteng’s mess? Welfare claimants, as always
The government’s giveaway to the rich may be matched by real-terms cuts to benefits for the poorest and most vulnerable.
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