Britain’s biggest car manufacturer, Jaguar Land Rover, is slashing thousands of jobs. This is a graphic illustration of Britain’s industrial decline, and a humiliation for Burnham’s ‘pro-industry’ Labour government. Workers can have no trust in these sellouts!

The British state is readily greasing the wheels of big tech. Lenin once remarked that the state is “bound by a thousand threads to the bourgeoisie”. Nowhere is this clearer than the inseparable ties and revolving door between the British state and US tech giants.

The United States Treasury Department announced this week that it will double the buying of its own bonds. But these desperate measures will solve nothing; they will only pave the way for more crisis – and attacks upon the working class.