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Last week the ‘new’ duo at the helm of the UK’s ‘new’ government announced a raft of ‘new’ policies to kick-start the ailing British economy. Amid the biggest cost-of-living crisis in a generation, outlined £45 billion’s worth of tax cuts which overwhelmingly benefit the already rich, while targeting those on benefits and the “unacceptable” actions of the trade unions.

In a departure from the economic orthodoxy of previous Conservative administrations, the deficit and the debt are now good. Truss’ government is expected to borrow in an attempt to keep consumer gas prices down (and fossil fuel profits up) and fund the abolition of both the top rate of income tax and future rises in corporation tax.

It is worth highlighting how unashamedly regressive this government’s plans are. Almost from the abolition of the top rate of income tax will go to people earning over £1 million a year. 2,500 of the very richest people in the UK (earning over £3.5 million) will share £1 billion in tax savings as a result of the Chancellor’s new regime. On average, that’s an extra £400,000 for each of them on an annual basis. Let’s hope their additional wealth is pumped into the economy and not funnelled offshore, as the .

''Overlapping strike action will have a significant impact on UK supply chains which are already under pressure from a combination of Brexit-related stress and the ongoing fallout from the Covid-19 pandemic. Yet as recent events prove, and Sharon Graham, General Secretary of Unite the Union, has repeatedly said “there are no politicians coming over the hill to save us.”''

Additionally, despite there being that previous reductions in corporation tax increased business investment, the government have cancelled the planned 2023 rise at a cost of £18billion a year.

As a result of these announcements the pound dropped to a on Monday. Put simply, investors have lost faith in UK government policy. They do not believe that handing over billions to the rich will boost economic supply or growth in the medium term.

Even the IMF, architect in chief of decades’ worth of , warned the UK government that it had gone a bit far. In response to the ongoing fallout, and in an attempt to calm the markets, the Chancellor has brought forward further , Liz Truss , and the Bank of England will look to .

Class politics

There was nothing in the budget to support working people. estimate that only those earning over £155,000 are net beneficiaries of all the reforms announced over this parliament (Johnson and Truss’s tenures). In fact, the screw is being tightened even further on the poor with the mini-Budget outlining (also ) for those on Universal Credit.

Meanwhile, as on a near-monthly basis, there were hints at further restrictions on trade unions. Kwarteng’s swipe at unacceptable strike action, referencing other European countries that have , is indicative of not only future legislation further eroding the human right to strike but also this government’s steadfast commitment to ensuring profits remain in a near zero-growth environment.

While it remains to be seen what these new restrictions may look like, figures are working on the assumption that union ballots will need to reach achieve higher turnouts, with higher thresholds reached in key public services while the notice of strike action given to employers may double from two weeks to four.

It is worth noting, as some unions already have, that Liz Truss , and therefore has less of a mandate, than some striking workers.

Further rumours abound that new Secretary of State for Business Jacob Rees-Mogg will look which limits time at work to 48 hours a week for most workers. The regulations also cover breaks at work and paid time off. These reforms make sense given the government’s long-held belief that British workers are amongst “” in the world.

There is no telling the Conservative party that hours worked in the UK economy are or that British workers do not retire early compared to their international peers or, in fact, that work intensity has been increasing while work autonomy has been decreasing since the turn of the century.

Strikes

Faced with an even more hostile legislative environment, British workers are under no illusion that organising in their workplace is the only route through this cost-of-living crisis. Despite the most recent figures showing (and density remaining perilously low in the private sector at 12.8%), .

In a microcosm of the class politics on display in the mini-Budget, disputes at massive private sector employers are escalating. The Communication Workers Union (CWU), for instance, has announced and . BT, whose profits in the last financial year were more than 2.5 times larger than the median for other FTSE 100 companies, is refusing to properly engage with the union. Royal Mail, meanwhile, is looking to unilaterally rip up collective agreements in a move that has been as “the biggest attack on workers and their shopfloor representatives” that the CWU has ever seen. For context, in the last financial year, Royal Mail posted .

interesting stat of the day:

Liz Truss wants to change the law to require 50% of a workforce to vote "yes" in order for a strike to go ahead

Liz Truss just won 47% of support from the Conservative membership to become leader

(57% result on 82.6% turnout)

— Jim Pickard (@PickardJE)

Elsewhere, strikes led by Unite the Union have re-commenced at two of the UK’s largest ports in Liverpool and Felixstowe. Over 560 port operatives and maintenance engineers are striking from 19 September to 3 October for an inflation-proof pay offer and improved shift rotas at Liverpool docks. The port operator, MDHC, is ultimately owned by the Peel Group which is . ��Almost 2,000 workers at Felixstowe, the UK’s biggest container port, also walked out for two weeks beginning on 27 September in response to an offer of a real terms pay cut. This is the second round of strike action as the company “refuses to talk”, Phil Pemberton.

Overlapping strike action will have a significant impact on UK supply chains which are from a combination of Brexit-related stress and the ongoing fallout from the Covid-19 pandemic. Yet as recent events prove, and Sharon Graham, General Secretary of Unite the Union, has repeatedly “there are no politicians coming over the hill to save us.”

With economic growth expected to flat-line throughout 2023 and a government in power, the workplace will undoubtedly remain the key battleground in the fight for a decent standard of living. While the government will look to inflame divisions and distract from their calamitous economic record, it is worth remembering that now think that “ordinary people do not get their fair share of the nation’s wealth”. Supporting strike action, and are all part of the process of reclaiming that fair share.

Liam Kennedy is a researcher at the Communication Workers Union (CWU) and an editor at Red Pepper magazine.

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