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Capitalism :: Mortgages
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18 October 2017
Young people being strangled by debts
Take the wealth off the super-rich - no to the Tories' scapegoating of pensioners!: Over a third of young people are in debt - on average by £2,989 - says the Money Advice Trust
11 October 2017
Housing crisis: Corbyn's positive measures blanked by Labour's right
A standing ovation greeted Jeremy Corbin's pledges on housing at Labour's conference: to stop 'social cleansing' regeneration schemes and give residents a vote on regeneration proposals; to build more council homes and to control rents.
31 August 2016
Over a million families in 'extreme problem debt'
1.6 million low-income families in 'extreme problem debt' - debt so crippling that it takes 40% of their total household income. Another 3.2 million households, that's one in eight, are struggling to manage their debt repayments, taking up 25% of income.
9 March 2016
Life on Cameron's 'sink estates': "This is my home!"
In January, Tory prime minister David Cameron announced the government would bulldoze so-called sink estates to eradicate 'anti-social behaviour' and 'bad parenting'. A council house tenant challenges his caricature and explains what life on her estate is really like.
27 January 2016
Housing: smash the Tory wrecking bill
A Dickensian world of slum housing, overcrowding, soaring rents and the threat of eviction is now becoming the reality for millions of ordinary people in Tory Britain. But this is just a foretaste of what is in store if the Housing Bill becomes law.
18 November 2015
The end of social housing? How can we solve the housing crisis?
The cat is out of the bag. As the Financial Times reported: "Chancellor George Osborne is considering a radical multibillion-pound plan to privatise the government's stake in housing associations".
18 November 2015
Tories flog bank assets to hellhound US profiteers
Chancellor George Osborne is hailing his £13 billion sell-off of Northern Rock mortgages as a success. But overall, the taxpayer has made a big net loss on sales of public assets.
4 November 2015
Tory bid to turn co-op tenants against one another
The government's Housing and Planning Bill is the greatest ever threat to the UK's 836 housing cooperatives and their 196,000 homes.
25 March 2015
2015 elections: Reject the austerity lies
Join the socialist fightback! The Socialist Party's central message in the 2015 elections is this: austerity is not necessary and there is an alternative - a socialist alternative
7 May 2014
Private sector rents and Labour
Labour launched its election campaign with proposals aimed at attracting private renters. There was little detail, but Ed Miliband raised a few limited measures
16 October 2013
'Help to Buy' no solution to housing crisis
The government has brought forward the second phase of its 'Help to Buy' scheme that subsidises low deposit (higher risk) mortgages on houses worth up to £600,000, writes Paul Kershaw.
DWP group president Fran Heathcote (with flag) at Leeds Remploy picket line, 26.7.12, photo by K Williams
12 September 2012
This is an extract of the speech at the TUC congress given by Fran Heathcote, group president of PCS in the Department for Work and Pensions, in support of a motion from the Fire Brigades Union on nationalising the banks
A housing protest on the Seven Stars estate in Wrekenton, Gateshead, photo Elaine Brunskill
8 December 2010
Housing under attack: Ripping off the roof over our heads
The Con-Dem government plans a 63% cut in funding for social house building. They want to remove security of tenure for new social housing tenants and are introducing massive cuts in housing benefit...
31 March 2009
SURPRISING ALL the pundits, inflation went both up and down last month - that is to say, up for the poor and down for the rich, writes Pete Mason.
4 June 2008
Nationalise Bradford & Bingley
THE CHIEF executive of Bradford and Bingley bank has stepped down amidst reports of massively reduced profits, due to an increasing number of accounts in arrears...
22 April 2008
Editorial: Brown's government lurching from pillar to post
Over £50 billion is being handed to fat cat bankers while five million low-paid workers are losing out from the abolition of the 10p tax band...
16 April 2008
Housing crisis: Britain's house of cards
AS THE US economy moves sharply downwards, the threat of a crash in the British housing market is becoming ever more real, writes Marc Glasscoe, Socialist Party Lincoln.
2 April 2008
Capitalism gambles with our lives
FSA Northern Rock report: WHEN NORTHERN Rock collapsed last year, the Financial Services Authority (FSA) set up an internal review of its regulation of the bank, writes Kevin Parslow.
20 September 2007
Crisis will hit north east jobs
NORTHERN ROCK'S headquarters are in Gosforth, near Newcastle, and they employ around 4,700 people in North-Eastern England... By Elaine Brunskill
24 August 2007
World economy fundamentally unsound
Editorial: Over the last week, billions of pounds have been wiped off share values worldwide as stock markets plunged...
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