You are struggling.<\/p>\n
The economy is\u00a0struggling.<\/p>\n
The\u00a0government\u00a0is struggling to balance its books.<\/p>\n
But as the FT reports today<\/a>:<\/p>\n UK companies (non-financials at least) are in a better place. According to analysts at Shore Capital, UK companies\u2019 cash flow has grown 40 per cent since the depths of the financial crisis at the end of 2008.<\/p><\/blockquote>\n So let me offer two explanations.<\/p>\n First, recession is good for very big business: they've slashed costs and wages, and floated their profits offshore.<\/p>\n Second, they don't want that to change so they argue for its\u00a0continuation\u00a0- hence their support for Osborne's suicidal economic policies.<\/p>\n Third, as Aditya Chakrabortty argued in the Guardian this week<\/a> (admittedly with\u00a0regard\u00a0to banks, but he could have made the same\u00a0point\u00a0more widely)\u00a0because\u00a0Labour lives in fear of big business:<\/p>\n It means that opposition to the rule of banks isn't found in Westminster, but in tents outside St Paul's or among a few grizzled academics and NGO-hands \u2014 with no political vehicle to carry them. Meanwhile, the politicians declare that the national interest of Britain can be defined by what suits one square mile of it.<\/p><\/blockquote>\n I'm happy to be one of those NGO-hands.<\/p>\n I just wish politicians would join in.<\/p>\n To read more, the answers are here. <\/a><\/p>\n And join the protests.<\/p>\n","protected":false},"excerpt":{"rendered":" You are struggling. The economy is\u00a0struggling. The\u00a0government\u00a0is struggling to balance its books. But as the FT reports today: UK companies (non-financials at least) are in
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