Austerity: there is an alternative and the UK can afford to deliver it

“A decade after the financial crash, people need to know that the austerity it led to is over.” These were the words of the Prime Minister, Theresa May, at last year’s Conservative Party Conference. Speaking directly to voters at home, she argued that their “hard work had paid off” and that “the end is in sight”. This seemingly momentous shift in policy, she contended, was a result of its success: “because you made sacrifices, there are better days ahead”. But the truth is fairly obvious. Austerity has failed.

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