Aditya Chakrabortty
@chakrabortty
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Following
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I am gainfully employed by a newspaper. Future generations will not be able to say that.
Guardian Towers
Joined March 2009
What my mother’s glorious life taught me about Britain today. My column. https://t.co/dyVxEbf2Fu
theguardian.com
At her death, as in her life, the very areas of British society hardest hit by coronavirus were front and centre, says Guardian columnist Aditya Chakrabortty
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Last week's budget showed how Reeves is in hock to the City spivs and bond traders. The voting public is a long way back in her thoughts. Which means the 'UniParty' will get beat next time voters are given a chance. But by whom? Via @chakrabortty
https://t.co/6BI6BC0tbv
theguardian.com
Labour backbenchers have been cheering it as a win for the most vulnerable in socety. In fact it was aimed at the bond markets, says Guardian columnist Aditya Chakrabortty
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The most misleading thing about Rachel Reeves’s budget? Who it was really for My column https://t.co/oMz3hwAHJ4
theguardian.com
Labour backbenchers have been cheering it as a win for the most vulnerable in socety. In fact it was aimed at the bond markets, says Guardian columnist Aditya Chakrabortty
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"A decision on whether to hit banks with higher taxes was “on a knife-edge” when Chandra travelled to New York last week... In return for not proceeding with the levy, [Reeves] ask[ed] senior executives to make public and prominent endorsements of the fiscal plan."
A top adviser to Sir Keir Starmer flew to New York last week to offer assurances about the UK government’s business-friendly policies https://t.co/Y6hlOVdMsw
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Aditya @chakrabortty on the UK budget Spoiler alert: he’s a bit underwhelmed.
theguardian.com
Only 20% of tax rises will go towards making people better off. The vast majority will be spent meeting Labour’s fiscal rules and paying for U-turns, says Guardian columnist Aditya Chakrabortty
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‘A budget to save Britain’s finances? More like Operation Save Our Skins’ by @chakrabortty well worth a read.
theguardian.com
Only 20% of tax rises will go towards making people better off. The vast majority will be spent meeting Labour’s fiscal rules and paying for U-turns, says Guardian columnist Aditya Chakrabortty
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"That £26bn will be paid not by businesses but by you and me, as taxes are pushed up to an all-time high. She will spend the cash to placate bond investors and calm down angry backbenchers..." Analysis from @chakrabortty is 🎯
theguardian.com
Only 20% of tax rises will go towards making people better off. The vast majority will be spent meeting Labour’s fiscal rules and paying for U-turns, says Guardian columnist Aditya Chakrabortty
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'Rather more sobering is the implication that financial markets, while paying no party subs and wielding no votes, will have a say in choosing this country’s next prime minister.' @chakrabortty nails it
theguardian.com
Only 20% of tax rises will go towards making people better off. The vast majority will be spent meeting Labour’s fiscal rules and paying for U-turns, says Guardian columnist Aditya Chakrabortty
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A budget to save Britain’s finances? More like Operation Save Our Skins My column https://t.co/n7XJlzNWlv
theguardian.com
Only 20% of tax rises will go towards making people better off. The vast majority will be spent meeting Labour’s fiscal rules and paying for U-turns, says Guardian columnist Aditya Chakrabortty
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Turns out a big fat promise to rip rings off refugees' fingers did nothing for Labour's polling.
Pre-budget voting intention: tiny changes: Reform lead by 9, Labour on 21% & Tories on 19%. Greens maybe plateaued (for now) back to 10% ➡️ REF UK 30% (nc) 🌹 LAB 21% (+1) 🌳 CON 19% (-1) 🔶 LIB DEM 14% (nc) 🌍 GREEN 10% (-1) 🟡 SNP 3% (nc) N=2,062 | 22 - 24/11 | Change w17/11
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Overall, is it bond vigilantes that run Britain — no. It is our badly designed fiscal framework and the central bank that exacerbates their power, these are policy choices. Radically reforming our approach to fiscal and monetary policy offers a way out. https://t.co/9I12gXVJBo
neweconomics.org
More austerity won't placate the bond markets - here's what we can do instead
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. @chakrabortty "Farageism is a curious dish of microwaved Thatcherism, seasoned with a big dash of old Labour...Yet even among his own voters, Farage is no saviour: he’s a last roll of the dice" https://t.co/hA08F8wPzM
theguardian.com
This is no single bloc marching under one ideology, or even a mass of ‘red-wall’ voters. What unites them is a desire for something different, says Guardian columnist Aditya Chakrabortty
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"This idea of freezing the [income tax] thresholds, that's a very regressive way of raising more income" @rachshabi on the budget this week.
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Two long-serving peers are to be suspended from the House of Lords after a parliamentary watchdog ruled that they had broken lobbying rules.
theguardian.com
Lord Evans of Watford and Lord Dannatt were filmed breaking rules, in undercover footage recorded by Guardian
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well @ZackPolanski is correct - Bank of England is a public institution. what it does with government debt it holds is a POLITICAL choice. it can choose to hold gilts, to sell them, to buy more. these decisions are informed by economic theories that are profoundly ideological.
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Instead of just targeting "pantomime villains" like landlords and billionaires, journalist @chakrabortty told Novara Live that the left should be talking about the systemic change that could alter the everyday reality of people who don't have "enough income to get them through to
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"Polanski and Sultana have grasped an important political truth: that the arguments that lie ahead are about the distribution of resources” @chakrabortty challenges the oversimplification and attractions of a wealth tax https://t.co/XsqPViMPz5
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New story: I found where all the sewage plants which use toxic biobeads are, a dangerous & outdated technology. They're nearly all on the coast, perilously close to our beaches https://t.co/yKjTfIEd14
theguardian.com
Exclusive: Experts urge water companies to update plants to avoid another catastrophe, as analysis reveals scale of use
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What does the left want? A wealth tax. What will that accomplish? Very little My column https://t.co/VnaZ3uOBS2
theguardian.com
Imposing a 1% levy on the super-rich isn’t a policy, it’s pantomime. Tackling inequality in Britain will require much more far-reaching changes, says Guardian columnist Aditya Chakrabortty
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As I said to Channel 4 yesterday, the UK isn’t a “soft touch” on asylum. UK asylum seeker benefits £49.18 per week – similar to European neighbours (£48 in Denmark) No right to work before 12 months (it’s 6 months in France, Spain, Belgium, Netherlands) UK settlement after 5
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