Date(s) - Monday 17/05/2021
7:00 pm - 9:00 pm
Online session with Ella Baker School of Organising, find booking link below:
Furlough, eat out to help out, tax cuts for businesses…Covid support has meant the UK government has spent more on public spending this year than in any year since world war two, while at the same time getting less income from taxes. As a result the UK government’s debt has shot up. In this two part session in collaboration with our partner Economy, we look at what this means going forward- should we be worried about UK government debt? Will it need to be paid back? Who will have to pay it back? Will you have to pay it back? Will we have to cut public spending (austerity) again to make up some of what we’ve lost from the public purse?
This is a two part session, and part two will run on 24th May. For more information on part two, visit: https://actionnetwork.org/events/paying-for-the-crisis-who-pays-and-how?source=direct_link&
17 May 7-9pm
In this session we will go back to basics looking at how government finances work- where does the UK get its money from, and how does it spend it? From this point of shared understanding we’ll explore what the UK debt situation is like at the moment and why.
24 May Monday 7-9pm
We will will explore how different economists and decision makers think we should deal with UK debt: some say we need to pay it back and even cut public spending to save money, but others think we can keep on spending. Shaking up our tax system is also one solution proposed. We’ll explore the pros and cons of each of these options together, and we’ll also take a look at some organisations and movements that are working on these issues, if you’d like to take your interest further.
Free session, online and over ZOOM. All welcome, these sessions are live and will not be recorded.
Book here: https://actionnetwork.org/events/paying-for-the-crisis-who-pays-and-how-part-1?source=direct_link&-