Tag Archives: nationalisation

By Helen Pattison, Socialist Party Executive Committee The economic impact of the US-Israel war with Iran has begun to be felt around the world. Oil prices rose to a four-year high of over $120 a barrel and fluctuates hour by hour as the war goes on. Keir Starmer is clearly worried that rising inflation will make his government even more ...

By Alec Thraves Swansea Socialist Party and Swansea Trades Council Unite has suspended the all-out strike action it was due to start from Monday 8 July, in response to the proposed jobs slaughter by Tata Steel, after a meeting of its reps. This action has forced senior management back to the negotiating table. The fact that, until a few days ...

Strike to fight the jobs massacre – Nationalisation not devastation By Alec Thraves (Vice President, Swansea Trades Council) Seven months of fruitless ‘negotiations’ between the steel unions and Tata’s deaf, brutal and intransigent bosses have resulted in the widely expected rejection of both the Unite and the Community/GMB alternative proposals to retain primary steel making at Port Talbot. With a ...

By Alec Thraves Unite has announced a significant ‘Yes’ vote result in their ballot for industrial actionat Port Talbot and Llanwern.All four bargaining units, across the two sites, returned a ‘Yes’ vote showing thedetermination of the majority of the1,500 Unite members to defend their jobs andsave the industry and protect the local communities.With the average age of a Unite Port ...

Nationalisation Not Devastation! By Alec Thraves (Vice President, Swansea Socialist Party) Hundreds of steelworkers, trade unionists and Port Talbot residents marched through the town today to demand that Tata Steel steps back from its threat to sack 2,000 workers as it scales down the Tata plant at Port Talbot. Also today Newport workers marched to prevent job losses at the ...

By Alec Thraves Tata Steel bosses have declared the start of a legally obliged, 45-day formal consultation process which could culminate in the initial loss of 2,423 jobs across the UK, with 1,929 of those in Port Talbot, representing exactly half the workforce. Tata’s phoney war is over after TV Narendran, the global chief executive of Tata Steel and the ...

By Josh Asker Liz Truss’ announcement of an estimated £150 billion bailout for the energy industry is not enough to even lower our bills. In fact, on 1 October the average typical household bill doubled from its level twelve months previously. The bailout, replicated in different ways across Europe, is a condemnation of the model of privatisation of the energy ...

By Adam Harmsworth Energy bills rose dramatically for the second time this year on 1 October, deepening the fear in poorer households about how to make ends meet. Prices for everything keep rising while wages, benefits and pensions stagnate. In advance of the rise, poverty charities and Martin Lewis the ‘money-saving expert’ had been frantically telling people to submit meter ...

Gas and electric bills set to soar by 50% this year By Jaime Davies While millions will have to choose between heating or eating, the big energy companies are laughing all the way to the bank. BP and Shell are making £900 a second in profit! Every six months, the energy regulator Ofgem reviews what the maximum amount should be ...

By Dave Reid The Wales and Border rail franchise will effectively be nationalised in February as franchise holding company Keolis Amey (KA) walks away from its contract. The collapse of ticket sales in the Covid crisis has led to huge losses for the conglomerate and so the company will hand over the train operating services to publicly-owned Transport For Wales. ...