Debt, derivatives and financial dark arts - is this any way to run a city?
The SANE (Solidarity Against Neoliberal Extremism) Collective argues that the Glasgow City Council has mortgaged the city’s future
GLASGOW City Council, with total debts of around £1.5bn, is facing “a period of unprecedented financial pressure” with a funding gap of £129.1 million over the period 2018-2021, and that is before accounting for repayments on the £548m-worth of mortgages to pay for the equal pay settlement.
Analysis: The empire strikes back in Ecuador, and what it means for Scotland
The mass movement for sovereignty in Ecuador speaks to key problems facing democracy in the modern world
TWENTY years after protestors in London and Seattle took to the streets in opposition to the International Monetary Fund (IMF), the World Bank and World Trade Organisation (WTO) these institutions are once again attempting to overthrow democratic rule.
Challenging Poverty: Scottish Government 'must do more' with devolved powers
New research by the Joseph Rowntree Foundation finds that changing poverty levels are largely the result of UK policies — but the Scottish Government has the power to act
A REPORT published this week by the Joseph Rowntree Foundation on ‘Poverty in Scotland 2019’ has called for “more ambition and action” from the Scottish Government to address rising poverty levels.
Analysis: ‘Pointless’ Spending Review reveals the sham of Austerity
Sajid Javid’s Spending Review will never see the light of day with a General Election imminent – but it did expose the sham of the past nine years of Tory austerity, Ben Wray finds
POLITICS is moving so quickly that it is difficult to remember even the recent past. But we should try, because the rulebook created by the Conservative party post-financial crisis about public finances, the one they told us must be abided by or else the country would go down the tubes, has been ripped up by that very same party.
Working For Life
Iain Duncan Smith's think tank the Centre for Social Justice, reported to have particular influence on Boris Johnson, announced over the weekend that they have drawn up proposals to increase the UK's state pension age to 75 by 2035.
What Can a 1930’s Film Tell Us About Austerity?
COMMONSPACE talked to Colin Edwards about the film 'Make Way For Tomorrow', which highlights the precarity of some people's lives in the face of austerity, through through the lens of the Great Depression of the 30’s.
Still as relevant today as it was then, Director Leo McCarey uses comedy to dissect inter-generational tension, as an elderly couple loses their home and they have to move in with their children.
‘A sanitised version of the nineteenth century workhouse’: 10 damning conclusions from the new UN poverty report
UN special rapporteur on extreme poverty argues that UK Government policy has led to “systemic immiseration” of a significant part of the population – CommonSpace looks at the report’s 10 most important findings
A NEW report commissioned by the United Nations contains a number of damning conclusions about both the level of poverty in the UK and its causes.