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From The Socialist newspaper, 22 September 2010

Bosses want workers' pensions axed

THE BOSSES' organisation - the CBI - has demanded that chancellor George Osborne ends public sector workers' final salary pension schemes and scraps universal welfare entitlements such as child benefit and winter fuel allowance. The CBI wants these cuts to be made in order for the government to maintain spending on (highly profitable) big infrastructure projects.

While private sector bosses continue to enjoy 'gold plated' pensions, 75,000 workers in the private sector were robbed of their final salary pensions last year.

87% of private employers refuse to let new workers join their final salary schemes and increasingly are closing their doors to existing workers too. Corporate giants such as Vodafone, Dairycrest and IBM, have closed, or are threatening to close their schemes to existing workers.

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Coronavirus crisis - Finance appeal

The coronavirus crisis has laid bare the class character of society in numerous ways. It is making clear to many that it is the working class that keeps society running, not the CEOs of major corporations.

The results of austerity have been graphically demonstrated as public services strain to cope with the crisis.

The government has now ripped up its 'austerity' mantra and turned to policies that not long ago were denounced as socialist. But after the corona crisis, it will try to make the working class pay for it, by trying to claw back what has been given.

  • The Socialist Party's material is more vital than ever, so we can continue to report from workers who are fighting for better health and safety measures, against layoffs, for adequate staffing levels, etc.
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  • When the health crisis subsides, we must be ready for the stormy events ahead and the need to arm workers' movements with a socialist programme - one which puts the health and needs of humanity before the profits of a few.
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In The Socialist 22 September 2010:

Brutal bosses? Time to fight back!

Birmingham: Solidarity with council workers


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Stop the higher education lock out!

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International socialist news and analysis

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Socialism 2010

Socialism 2010 - a weekend of discussion and debate


Socialist Party news and analysis

Countering the Con-Dem government's offensive

Stroud says no to BNP media centre

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Fast news

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Socialist Party workplace news and analysis

The sorry saga of Corus steel

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Tyneside Safety Glass: Stop the decline to the minimum wage!

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Fight every Con-Dem cut

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Organising to save jobs and services

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The beauty industry: out of control?

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