UK Politics and Economic Policy by John McDonnell
AFT president called for immediate probe into financial risks, Randi Weingarten urges
Randi Weingarten, the president of the American Federation of Teachers (AFT), sent a letter in September to U.S. Treasury Secretary Scott Bessent, who chairs the Financial Stability Oversight ...
John McDonnell: Left must urgently reassess climate change impact on economic strategy
John McDonnell calls for a rapid reassessment of how climate change impacts economic strategy on the Left. He references economist James Meadway's perspective, emphasizing a sense of urgency ...
Pensions to rise yearly but growth may slow, John McDonnell warns
John McDonnell explains that from April 2030, pensions will continue to increase each year by at least either price inflation or 2.5%, and will hold their value relative to earnings over time. ...
John McDonnell: Redistribution of wealth needed for economic growth
John McDonnell emphasizes the importance of redistributing wealth as a means to grow the economy. He shares his perspective ahead of the Arise meeting at the Labour Conference, framing the current ...
Pensioner poverty up from 15.7% to 18.6% since 2012/13, John McDonnell notes
John McDonnell draws attention to the impact of policy decisions on pensioner poverty in the United Kingdom. He highlights that the break between pensions and earnings, which he attributes to ...
John McDonnell: Excess profits tax on oil and banking sectors could help with cost of living crisis
John McDonnell points to significant profits reported in the oil and banking sectors, while highlighting the growing effect of climate change-related fires on food production and food prices. He ...
Pension payment failures create crises for some recipients, John McDonnell notes
John McDonnell joined constituents at a lobby concerning the Capital AGM to address issues related to Capita's handling of pensions. According to McDonnell, due to Capita's incompetence, some ...
