Inflation is at 0.6%
Private sector rent is up 1.4%
Millions of workers will soon be getting a pay freeze.
We need to cap rents, not benefits
And worse is seemingly to come:

According to @ONS today:

"rental growth expectations for the coming three months strengthened slightly, with contributors across virtually all parts of the UK envisaging rents rising over the near term"
Even worse news for those renters hoping one day to buy:
This is a consequence of Rishi Sunak's £4 billion stamp duty tax cut.

Imagine how much good that money could have done in raising living standards for those on the lowest income or investing in social care ... Instead it has subsidised more buy-to-let landlords
Grim milestone passed:

"London’s average house price surpassed £500,000 for the first time in November 2020"

London house prices rose by nearly 10% in the last year (9.7%)
London house prices are now c.70% above the 2007 'peak' before the banking crash.

For comparison, average wages are about the same.

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More from @FisherAndrew79

21 Nov 20
This week alone there's been more scandalous revelations on the Government's cack-handed PPE purchasing, the scandal of the Windrush compensation scheme, the Grenfell inquiry, Priti Patel bullying cover-up ...

... and Labour has focused on itself with inevitable results:
In case you've missed any of this ... 🧵

We’ve seen shocking testimony from Grenfell from the former employee of the cladding company involved

This is corporate manslaughter
theguardian.com/uk-news/2020/n…
The scandal of the Windrush compensation scheme
theguardian.com/uk-news/2020/n…
And the most senior black Home Office employee quit describing the scheme as systemically racist and unfit for purpose
theguardian.com/uk-news/2020/n…
Read 11 tweets
11 Nov 20
Big news today about Croydon Council issuing a Section 114 notice- effectively declaring itself bankrupt 🧵
bbc.co.uk/news/uk-englan…
Croydon is not the first council to go bust and it won’t be the last.

The first was Conservative Northamptonshire County Council in 2018
theguardian.com/society/2018/n…
It won’t be the last because councils have suffered huge austerity cuts to their funding from central govt (nb council tax doesn't cover much of the services councils provide).

Councils in England are, in 2020, spending £7.8bn a year less on key services than they did in 2010.
Read 9 tweets
9 Nov 20
Today marks the 55th anniversary of the abolition of the death penalty in Britain*

The death penalty remains in dozens of countries around the world, including China, Saudi Arabia, Iran, Iraq and many US states. 🧵
*It was not repealed in Northern Ireland until 1973 (and not entirely removed from the statute books in the UK until 1998)
Please support the great human rights organisations campaigning to end the death penalty and stop executions, like @Reprieve
reprieve.org.uk
And @amnesty amnesty.org.uk/blogs/anti-dea…
Read 5 tweets
12 Oct 20
Johnson says number of cases and hospitalisations are higher now than when we went into full national lockdown in March ...

So why are all his measures watered down compared with the lockdown measures in March - even in the Tier 3 areas? 🧵
So why is non-essential retail still open, even in Tier 3 areas?

Why when workplaces are shut is furlough only at 67% instead of 80% in March?

Risks people going out to find 2nd jobs ... and those families slipping into poverty. Why no floor for low waged workers?
Why haven't universities been told to switch to online teaching only?

Many unis have a reading week in a couple of weeks when students often go home - does that risk spreading infection? Should they go home and stay home?
Read 7 tweets
12 Sep 20
Five years ago today Jeremy Corbyn was elected Labour leader, after an amazing campaign.

By far the definitive book on that period (and up to and including the 2017 election) is @alexnunns 'The Candidate' which captures the energy and optimism perfectly
orbooks.com/catalog/candid…
We were at the QEII centre to hear the result. Jeremy went into the green room with John McDonnell to be told the result. They’d go on stage before it was officially announced. John said if we’ve won he’d wear his tie, and if not he wouldn’t … or was it the other way around?
It didn’t much matter because John came out beaming, despite desperately trying to suppress it. And you can see why. His decades-long comrade had won by a landslide

Quite an achievement for the 200-1 outsider, who only scraped onto the ballot
Read 4 tweets
3 Sep 20
Seeing lots of simplistic "tax rises suck demand out of the economy" nonsense on here - including from people who should know better 🧵 1/n
Do you know what does suck demand out of the economy?

People paying over half their income in rent
Debt repayments at high interest rates
Profiteering utilities and rail overcharging their customers Low wages
Benefit caps or freezes (i.e. deregulation and austerity) 2/n
Of course, *some* tax rises would suck demand out of the economy at this time – e.g. increasing the basic rate of income tax, increasing NI, or hiking Council Tax ...

(but I haven't noticed anyone suggesting these - except Sunak hiking NI for self-employed, which is dumb) 3/n
Read 6 tweets

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