John McDonnell, Shadow Chancellor and veteran of the Labour Left, has warned of a "soft coup" being orchestrated to undermine Corbyn's Labour leadership. Owen Jones, meanwhile, has called on Corbyn to stand down and "do a deal" with the Blairites in order to pass on the baton to a left successor. The only way forward for the Left, however, is to boldly go on the offensive.

Britain - Chancellor Philip Hammond’s spring Budget was presented by the media as something of a non-event – unless you happened to be poor, reliant on public services, or self-employed on a zero-hours contract that is.

Under the former coalition government and now the Tories, a swathe of brutal cuts and closures has been sweeping the country. And this blight is set to continue. “To eliminate the deficit”, states the Financial Times, the mouthpiece of big business, “Mr Hammond [the Tory Chancellor] will need to extend austerity well into the next decade.” (FT, 20/2/17)

Join us!

Help build the forces of Marxism worldwide!

Join the IMT!