
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.

The rampant speculation and insider trading on platforms like Polymarket has exposed the unrestrained parasitism of the Epstein class. But prediction markets are nothing new: swindling and corruption have always been baked into capitalism.