Link to this page: https://secure.socialistparty.org.uk/issue/918/23644
From The Socialist newspaper, 28 September 2016
Them & Us
Them and us fishes, image by Suzanne Beishon (Click to enlarge)
The head of privatised power network National Grid will retire on £11,000 - a week. The governor of the Bank of England has cost us a quarter of a million in travel expenses. And David Cameron gave generous raises of up to £18,000 to top aides while slashing public sector pay.
Former National Grid chief exec Steve Holliday turns 60 in October. He will be eligible for a pension of £591,000 a year, including shares. That could pay for 25 staff nurses.
Holliday retired at 59. Many workers will wait until 68 - or older - for an annual pension of less than he earns in a week.
Mark Carney, boss of the UK's central bank, has only been in office three years. A Freedom of Information request reveals he has claimed nearly £250,000 in luxury foreign travel in that time.
His annual pay package adds up to £879,000. That's 38 staff nurses.
And hated ex-prime minister David Cameron hiked special advisors' pay by up to 24% during his tenure. Millions of workers instead had their pay cut.
After losing the top job, Cameron has now resigned from parliament. He will have only his huge family wealth, top-level connections, and ministerial pension to rely on.
The boss of theme park Alton Towers will likely keep his job after presiding over a horrific rollercoaster crash.
Two young people lost a leg and 14 others were injured in the 'Smiler' crash last June. At the time of writing, chief executive Nick Varney is still in post, and due a £1.4 million share bonus.
Investigators found a series of safety failings led to the crash, described as "foreseeable" by a judge. Health and safety is an inconvenience when there's profit to be made.
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In The Socialist 28 September 2016:
Consolidate the Corbyn victory
Labour Party conference: campaigning to reinstate socialist ideas
Trade Unionist and Socialist Coalition
#CorbynWins: New tasks for TUSC
Socialist Party news and analysis
Theresa May attacks migrants and refugees
One million victims of 'rogue' landlords
£46m spent on suspending public sector workers
Students late and hungry due to privatised trains
Socialist speaks at UN
What We Saw
Them & Us
Socialist Party youth and students
"Suspended adulthood" the norm for young people
Socialist Students launched in USA
Knowsley: No A-level education on offer
Setting out our stall... reports of campus campaigning
Battle of Cable Street
Cable Street: When workers united and fought the fascist threat at Cable Street
Black History Month
Black history month and its relevance today
Socialist Party workplace news
The guard stays on the train after the RMT defeats ScotRail bosses
Junior doctors' strikes off - coordinated action needed
Victory for firefighters facing dismissal in Manchester
The Ritzy strikes back
Napo conference 2016: Bloodied but unbowed!
Unison Broad Left meeting
Socialist Party reports and campaigns
Newcastle: Socialist Party defies ban to counter the far-right
Socialism 2016: Get face to face with the socialists!
NHS heart centre campaign intensifies
Washdyke v Shoreline: the housing battle in Immingham
Pedal power pounds
The Socialist 28 September 2016 |
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