But as Sky News mentioned almost in passing, Boris Johnson has already spent what cash the previous government had budgeted, in his desperate attempt to appear to be shoring up public services collapsing after almost a decade of Tory cuts: The Tories’ carefully-constructed and entirely false reputation for competence was shredded long ago, but now even some of the corporate media are admitting that they are making uncosted plans and promises without a clue where the cash is coming from to pay for them.Admitting, too, that the no-deal Brexit Johnson is pushing for – and Corbyn has consistently worked to prevent – will be a Tory-inflicted disaster for the UK. The Tories have admitted compiling a list of businesses they expect to collapse because of a no-deal Brexit. Leaked Draft of Trump Executive Order to ‘Censor the Internet’ Denounced as Dangerous, Unconstitutional Edict I suspect that they are saving the nuclear option – saying “fuck you” to the bank – if the so-called “socialists” – i.e. Supposedly, his closest advisor, Dominic Cummings, even suggested that Johnson would not resign even if Parliament agreed to an alternative candidate. 2019-08-10T17:54:54.566Z.

Boris Johnson is drawing up plans for a bailout fund to prop up businesses in the event of a no-deal Brexit amid fears that the economy is on the cusp of a recession. His companions: "Hello, our friend forever", Daily record in Italy: almost 38,000 new positive corona tests, "Fat Tortoise" Trump: The tone and action of the US media is changing, Hundreds of people in New York celebrate Biden's victory, Gymnastics: France gives up European Championships in Turkey due to Covid-19 and "geopolitical tensions" - France 24, Biden declares victory today... Public speech notice, Accidents: Motorcyclists and pedestrians collide at an intersection, LPR accused Kiev of violating the agreements on the withdrawal of forces in the Donbass, Crowded on the buses in Sundsvall but the bus company does not take responsibility for the spread of infection, Finns devour these delicacies in the autumn - “Chocolate bar sales start to rise first”, Low pressure area "Eta": At least 20 dead in severe weather in southern Mexico, Brexit: "Operation Kingfisher" to protect British companies. So far, the new government in London has been downplaying the possible consequences of a no-deal for the British economy. Michael Gove, who is leading the no-deal preparations, confirmed for the first time that ministers were working on a package to help companies at risk of collapse.

“It’s a sign that the government is increasingly aware of the reality facing British farmers in the event of a no-deal Brexit.

It is sad and troubling to witness the Labour Left’s corruption from pro-working class politics to a politics based on an over-emphasis on mere identity politics, the effect of which is to consolidate the rule of the few at the permanent expense of the many.

But they aren’t going to be tackled by dreamy notions of an egalitarian New Jerusalem after Brexit – since the same neoliberal framework applies in or out of the EU.

Video. According to a Times report, it's about an emergency fund designed to save bankrupt companies from bankruptcy. He is counting on Brussels to respond to his call for changes to the exit agreement negotiated with his predecessor Theresa May. Meanwhile, speculation continued on whether and how parliament could prevent an EU exit without agreements.

The idea that the Government has ‘run out of money’ is not very pursuasive when we know that the govt provided £435 bn through Quantitative Easing and is able to fund any war it fancies. Meanwhile, corporate debt remains at its highest level ever. If you wish to reblog this post for non-commercial use, you are welcome to do so – see here for more. Danny… You know that the so called left wing were infiltrated many years ago but the membership are not having it anymore!Look at the fiasco in Brighton of a sitting Labour mp kyle running roumd Brighton with JVL chairman and ex Labour mp ivor caplin threatening intimidating Hotels and venues wet Chris Williamson and socialist Labour party members wish to meet?What have we become when our representatives behave in such criminal behaviour.We have hearings that are not fit for purpose and loyal socialist Labour party members expelled for trumped up charges by committee members who have openly admitted to being high as a kite…..The whole shoddy way of running the Labour party needs looking into and the affiliate organisations attached.If you do not here from me again assume I have been removed,expelled or suffering from prescription drug abuse or chronic fatigue and Paranoia……..Bye bye! Meanwhile, speculation continued on whether and how parliament could prevent an EU exit without agreements. A list of vulnerable companies should already have been created.

It’s that simple – and they’re already loading the coffers at the expense of productive enterprise. [1] A report published by the Times of London on 10 August detailed the programme to help large employers, particularly in the construction and manufacturing sectors because of their long supply chains. It’s supposed to block their lies, not highlight ours, man! The cost of QE has been around $13 trillion so far.

What a transformation of the Labour Left wrought by 40 years of neoliberalism! You can learn more about cookies by visiting our privacy & cookies policy page. He did not expect a recession, Finance Minister Sajid Javid had said, after statistics office ONS had reported a decline in Britain's gross domestic product for the first time since 2012. You really need to get a grip that, far from being a socialist cure-all, Brexit is a cunning right-wing Tory wheeze for hedge-funders and the finance industry. Opposition politicians demanded that in this case Queen Elizabeth II dismiss Johnson.

A list of vulnerable companies has already been prepared. They simply print the money and call it QE. The idea that ‘nationalisation’ (a wholly unclear term in its detail) – or rather mechanisms of public accountability and control – is a magic solutionl has long passed its sell-by date.