Austerity on trial
At the Covid-19 inquiry, David Cameron and George Osborne were unrepentant over their spending cuts.
ByAusterity 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.
At the Covid-19 inquiry, David Cameron and George Osborne were unrepentant over their spending cuts.
ByExclusive polling for the New Statesman reveals which local budgets are being slashed.
ByCurrent and former Conservative cabinet ministers have started admitting that their past spending cuts went too far.
ByAn investigation has found it to be “institutionally racist, sexist and homophobic”, and raises the possibility of abolition.
BySince 2014, Sally Wainwright’s complex police drama has laid bare the hope and terror of living in the north of…
ByMost of the carnage unfolding is the result of political decisions, not Covid-19.
ByRethinking public services can rebuild trust in the state – and rebalance our economy.
ByAlbert Edwards warns that the government’s austerity has set the economy on a path to collapse.
ByAs ever more workers take strike action to defend their living standards, Labour must be on their side.
ByWhile Labour is setting the terms of the next election, the Tories are unable to move on from the legacy…
ByThe Chancellor is expected to announce £24bn of tax rises – and some senior Tory MPs are already expressing dissent.
ByInvestors panicked by the reckless mini-Budget won’t be happy when the Autumn Statement’s austerity weakens growth either.
ByThe party should enter the debate over the Autumn Statement prepared to fight and win an ideological battle.
ByAusterity is a fiction designed to uphold capitalism – and it has a dark history.
ByIf Keir Starmer is to lead a transformative government of the kind the UK needs, he must be more imaginative.
ByRather than cutting public spending again, the government should finally tax the UK’s vast reserves of housing wealth.
ByInflation is at a 40-year high and the UK economy has stalled – now is Labour’s moment to lead a…
ByThe South Korean economist on the case against austerity and his new book Edible Economics.
ByShort-term sticking plasters rather than long-term healing may be too tempting for Rishi Sunak’s unpopular government.
ByImposing unnecessary spending cuts would trap the UK in an economic doom loop.
By