Ed Miliband this morning made a bold intervention over funding for political parties, claiming that donations should be capped at £5,000 – a figure that is one tenth of the cap of £50,000 that David Cameron has previously put forward. The really headline-grabbing move though, is that Miliband signalled that trade unions will also be subjected to this cap, a move that he claims could deprive the Labour party of millions of pounds. Read the rest of this entry
The biggest general strike in generations was thrown into doubt yesterday after the government offered up the Trade Unions an improved deal on public sector pensions. The unions, who have been threatening a mass walkout for months in light of the government’s original proposals, sought to make it clear last night that as things currently stand the strike will go ahead. However, union leaders were speaking in markedly less militant tones about the government yesterday which suggests there may yet be a compromise to be had which would see the strikes called off. Read the rest of this entry
When footballer Samir Nasri broke his hand last week, some cynics questioned whether it was the burden of carrying home his hefty pay packet that caused the injury.
This, of course, is not a football blog. The sentiment expressed here, is, however, significant.
The 50p tax rate, introduced under the Labour government, applies to all earnings above £125,000. It is a rate that has apparently caused football clubs, such as Nasri’s Manchester City, to inflate further the wages of their staff in order to compensate. It is this very sort of false economy that has driven leading economists to call for the Government to scrap the rate. Such a high tax, it is said, may serve the public desire for the richest to ‘pay their fair share’, evident in the disdain with which footballers’ wages are met, but it does not deliver on its economic promise. It is thought that the Conservative faction within the Government will answer this call, though their Lib Dem partners may have something to say about that. This would be a grave error. Read the rest of this entry
Ed Miliband won the Labour leadership election with 54% of the vote. Even if one isn’t a fan of AV, and clearly most of the country isn’t, Ed still would’ve won the contest albeit with a less substantial share of the vote. In the eyes of those with the power to decide, Ed was the best man for the job. Click here to keep reading
Last week BBC journalists became the latest to strike in opposition to job cuts. The one day walk-out caused little disruption to broadcasting and was more of an inconvenience than a disaster. However, the same cannot be said of other strikes in recent times. The teacher’s strike at the end of June was one example that caused widespread irritation and resentment. Why should innocent children have their education affected no matter what is going on with their teacher’s pension? Click here to keep reading