In September 2012, the British Trade Union Congress (TUC), at it’s annual meeting of delegates from the whole trade union movement, passed Resolution 27. For the first time in its history the TUC voted a resolution which called for the full public ownership of the banks and financial institutions. Darrall Cozens takes an in-depth look at the question of the nationalising the banks.

As world leaders were meeting to discuss the global economic “recovery” at the World Economic Forum in the Swiss ski resort of Davos, official figures were released showing that the UK economy – far from being on the road to recovery – had shrunk by 0.3% in the last quarter of 2012. Adam Booth reports on the economic situation in Britain.

Far from heralding a new promise for the British economy, the 1% growth figure announced a month ago has already been buried by a pile of bad news. Few economists are looking towards 2013 with any real hope. Socialist Appeal editor Rob Sewell explains why.