Orwell Food Cluster, New Anglia 2024 – 18 x 70cm, acrylic on canvas
Labour let Thatcher’s financial deregulation stand, Brown took the Bank of England out of the treasury making it independent, thus removing it from direct public accountability, Blair slashed corporate taxes and used Private Finance Initiatives to fund schools, hospitals, roads repairs, businesses provide capital in the form of long-term loans that taxpayers would have to pay back over 20-30 years. The New Left Review wrote “This brought a deterioration to public services and democratic accountability”