By John Sillett
The recent collapse into administration of shop group Arcadia and Debenhams’ department stores was shocking, but not unexpected. Both companies have had their assets looted by their owners; Arcadia’s owner Philip Green has become widely seen as the unacceptable face of capitalism. Whilst the vultures pick over the bones of Topshop and its relations, there has been an avalanche of redundancies in many sectors, from construction to engineering. The pandemic has hastened the collapse or rationalisation of companies depending on footfall, like retail, hospitality and tourism.
Between 2013 and 2019, an era of ‘austerity’, most of us noticed a marked deterioration in the quality of our public spaces and infrastructure – existing roads and pavements not maintained, school buildings getting shabbier, public facilities closing. During that period, Norfolk County Council oversaw at least £725m of funded infrastructure projects. Incredibly, more than £650m of this was for building or widening roads.
by Edward Grierson
It goes without saying that the current wage situation in the UK is not good. Following the disastrous speculation on the banks’ behalf that led to the recession, real wages for UK workers fell by 10.4% from 2007-2015, a decline only matched by Greece. Even worse has been the combination of this wage drop with the continued pay gap between employees and the people who employ them: as of 2015, the salary of a UK CEO was nearly 130 times that of the average UK worker’s salary.
The reason why this is a concern, why we should be worried about falling wages, surely is obvious.Continue Reading
by Aline Zouvi
Comics journalism covering the impeachment of Brazil president Dilma Rousseff, and what it means for Brazil as a whole.
Latest news update – not covered in the comic – is from 09.05.16: the impeachment vote has currently been annulled.
by Pierce Robinson
The North – South divide in the British Isles is still one of the most controversial topics in contemporary UK politics and society. The economic and political differences between the two ends of the country have been a common characteristic of these islands for decades. If you live anywhere north of Birmingham, the signs that you have entered a different part of the country are clear, even just the fact that you would choose gravy chips over a kebab – but most importantly, the level of poverty increases dramatically. The United Kingdom has the highest level of inequality in Western Europe, yet with a capital city that continues to flourish every day, why are we not seeing the similar signs of fortune increase in the North?Continue Reading