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The Tories have rushed into this election because of economic difficulties and are offering no hope for a better future, writes KEN LIVINGSTONE.

IF YOU want to know why Theresa May rushed into calling a general election, despite repeatedly saying she wouldn’t do so, then the much quoted phrase “it’s the economy, stupid” sums it up neatly.

The Tories would like us to believe that the economy has recovered and that Tory austerity over the last seven years has made the economy strong.
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With the publication of the ‘Rich List’ this week we learnt that the wealth of the top ten richest couples in the country has gone up by £3.4bn.

The 20 richest Britons alone are now worth £192bn – this is more than will be spent on health and education combined this year.

This isn’t a new development. It’s a long term trend, where their total wealth from 2005 to 2015 has more than doubled.
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News earlier this week that up to three million children risk going hungry during school holidays in Britain, the fifth-richest economy, are an appalling Tory testimony, writes KEN LIVINGSTONE.

Two pieces of news earlier this week showed yet again why we need change in Britain and the sheer scale of poverty and desperation under the Tories’ seven years of austerity, which is ruining our public services, squeezing the living standards for the majority and driving millions of people including children into destitution.
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Today, Jeremy Corbyn and Shadow Housing Minister John Healey pledged a Labour Government would build a million new homes in five years, with at least half a million council homes, as part of Labour’s public investment strategy for a better Britain.

Such an approach is exactly what we need to tackle the housing crisis, boost economic growth and win votes for Labour.

Labour’s alternative in this area could not be more needed – figures from autumn 2016 showed levels of affordable homes for social rent had fallen to the lowest level since records began.
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If you want to know why Theresa May has rushed into calling a General Election, despite repeatedly saying she wouldn’t do so, then the reasons were perfectly summed up by journalist Kevin Maguire on Twitter this week when he wrote the panic is because “Brexit will be a nightmare and living standards will be squeezed by prices rising faster than wages.”

More broadly speaking, fundamental economic factors facing Britain mean that the difficulties we are currently seeing in different areas of our economy are set to deepen.
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An array of policies that will significantly improve the lives of ordinary people are the best reason to trust Jeremy Corbyn’s leadership, argues KEN LIVINGSTONE.

The Tory government, dutifully echoed by the majority of the media, never tires of telling us how rosy the picture looks for the economy but recent data — including regarding GDP — shows the opposite and reveals that the outlook for the economy is deteriorating.

The Tories are taking Britain backwards and the reality of seven years of economic failure becomes clearer by the day — the economy remains in a crisis and now the indications are that it is going to get worse leading to a sharpening cost-of-living crisis for millions of people.
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