The latest forecasts from the Bank of England for the year ahead are for inflation to surge and the economy to contract: a dangerous double-whammy of ‘stagflation’. Workers must organise and fight back with militant action and socialist policies.

On 25 February 1986, the infamously corrupt and brutal dictator of the Philippines, Ferdinand Marcos, fled the country with his family from a revolutionary mass revolt. Yet on 9 May 2022, another Ferdinand Marcos was voted in as president: the son of the senior Marcos also known as “Bongbong.”