Several pharmaceutical giants are abandoning the UK, freezing investment and jeopardizing the development of medicine. Once an international cornerstone in this sector, British capitalism is now falling behind. The NHS and ordinary workers will pay the price.

Starmer’s failing premiership and the threat of a leadership contest have sent the bond markets into a frenzy. Recent events, as well as comments from investors, have revealed who really pulls the strings under our ‘democracy’: the bankers and bosses.

The British chemicals industry supports half a million jobs, and is a vital artery in the wider economy. But despite once dominating the world, the sector is beset by closures. This is yet another example of the decrepitude of British capitalism.