On the eve of the Autumn Budget, the bond markets – the investors who bankroll the British state – are getting jittery. The capitalists are losing faith in Labour’s ability to carry out the necessary cuts to ‘balance the books’. But what alternatives do they have?

Tech corporations and governments are pouring trillions into the ‘AI arms race’. But warning signs are flashing that this is all a massive speculative bubble, waiting to burst. This anarchic speculation is set to have a catastrophic impacts on the world economy.

Today, it was announced that unemployment has jumped to five percent, the highest level since the pandemic. This is the result of several converging factors, which the capitalists are powerless to fix. Meanwhile, workers and youth face increased exploitation and burnout.