March of protest against budget cuts gathered tens of thousands of people in London

Laborites and the largest trade unions in Great Britain gathered the largest protest march in several years against the policy of conserving budget spending, conducted by conservatives.

The reason for the protest was statistical calculations, according to which, under the current government, workers faced the largest wage reduction in recent history and forecasts that in real terms, revenues in the public sector will not grow until 2025.

According to the calculations of economists, the incomes of workers in real terms are now less than the incomes received in 2008, by 24 pounds sterling a week. Thus, while maintaining the current economic strategy of the government, the total shortfall in income in the period until 2025 will be an average of 18,500 pounds sterling per employee in the public sector.

Demonstration took place with the requirements that form the basis of the Labor Party's election program, namely, raising the minimum wage rate to £10 per hour, banning zero contracts and increasing funding for the public sector. The organizer of the march was the Trade Unions Congress (TUC).

Jeremy Corbin, leader of the Labor Party, who spoke at the rally, promised that the party will seek to come to power to protect the honest workers, who are infringed in their rights, and called upon workers in all sectors of the economy to be more cohesive. He cited the example of the drivers of London buses who manage to successfully defend their interests through participation in trade unions, and said that all labor market participants can follow it by creating specialized trade union associations, even where historically they were not common.

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