IMGpapers 1976–79

Newspapers of the International Marxist Group and its forerunners, 1976–79

Price rises for us, wage rises for the rich

Socialist Challenge No. 100, 14 June 1979 · p. 5 of the scan · 549 words

The scan: sc-n100-jun-14-1979.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Apple Vision OCR) from a scan of a newspaper page, and the page was cut into articles by machine, at the headlines found by their type size. Nothing has been corrected: expect misread words, text from a neighbouring article, and titles that are the machine reading of the headline, some of them only fragments. Quote from the scan, not from this page.
How this article was cut and titled: headline found by type size in the OCR geometry (split_tabloid.py); 3-7 of 7; machine-segmented newspaper page; uncorrected Vision OCR.

page 5 of the scan

For the rich... • Public sector bosses 43 to 50 per cent, aver E212 per week. * Civil servants, judges, Service chiefs, 15 per For the poor.... • Public sector workers were offered 5 per cent, and had to fight for every extra penny of their Tinal rise tomorrow from the Clegs Commission on pay compursbunty, The gross increase of $3.50 plas El. for a hospital worker, has boiled down to between 43 and 55 pence for someone who is married with two children.

The Tory Budget cuts in the basic rate of tax will be grabbed back as increased value Added Tax raises prices.

Unity When your wage rise is £212 a week, a few pence on household goods is nothing. But for the millions of working class people who are in pad, unemployed, or pensoners, BES misery.

With the aboliton of the Prices Commission the bosses' hands will reach even further into workers' pockets. To add to this, there is City pressure to berade Ence pound.

The old slogan of "strength in unity' was never truer thun today. Unity in action needs to be at the centre of our opposition to the Tory United action by those groups of engineers, leachers. workers could see off uny Tory wage-cutting Campaign Only a policy which protects wages against Inflation can ensure lasting gains for workers from their struggles. Policies such us antomatic national minimum wage are the real guarantees of workers" unity.

A campaign to end cosy TUC chats with the Tories und for militant action for such policies is what's required. with it's promise of jum chemical and power Company Barclays Bank Lid Metal Box Ltd IG Glass Containers Lad Tate & Lyle Kefineries Lid British Railways Board Passenger Fares Miscellaneous Ever Ready (G81 Lad ICT Lad Weetabix Lid Cereals Allied Breweries (UK) Lid Beers Food, Drink, Accom Southalls (Birmingham) Lad IPC Magazines Lid Thames Water Authority Associated Portland Cement Manufacturers Ltd Portlund Cement Special Cement British Gypsum Ltd 1980. Why don't the Tories like Commission. The table below spenks for itself.

Limiting price rises means less profit, and even where the Commission did allow the requested rise, the delay due to their Notified Pinal Price Price Increase Increase N.A. N.A. 10.5 10.5 9.8 9.8 2.0 2.0 14.6 14.5 36.1 13.8 7.0 2,0 5.0 5.0 8,7 8.7 6.5 7.4 7.3 7.3 4.3 4.3 2.9 2.9 9.5 7.2 10.0 10.0 8.0 Price incentives doesn't it?

Total Loss of Profits 0.63 Tras Houses Furle Hotels LAd 0.45 Royal Doulton Tableware Lod 0.75 Proctor & Gamble Lid 0.50 HOTHELE Air Products Led 0.50 Thermes Lid 1.00 Butlins Led 1.60) BOC Ltd 0.55 Dissolved Acetylene Compressed Permunent 0.14 Cases 0.14 Daily Telegraph Lid 0.20 Wholesale Beer Prices 0.20 0.37 Managed House Prices 1.00 Whitbread & CoLNd 5.20 TBOILSOICTRISTHIEES Managed House Prices Electricity Council: 2.90 Domestic Increases 2.90 British Gas Corporation 2.06 Total Investigation still meant profits lost.

The Tories are after all concerned to tackle inflation, and that requines restoring profit Notified Price 5.3 9.3 5.5 13.0 0.0 9.5 9.7 9.8 4.5 Rugby Portland Cement Co Ltd 10.9 7.9 7.9 5.7 8.8 8.6 8.5/25.0/35.0 Final Total Price Lossof Інстевве Profits Em 5.3 1.42 0.18 1.56 0.25 0.70 0.20 1.40 2.90 2.W 0.50 0.16 7.0 7.0 4.50 4.50 30.00 22.50 91.12

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