The dust has barely settled on last week’s shock election result, but already the Blairites are carrying out a ferocious attack on the Labour left.

“The idea that all Britain’s Labour party needs to do to win is offer true socialism has been tested to destruction.” (Financial Times) 

News of the British election result was greeted by jubilation on the stock markets of the world. The pound sterling soared, and Donald J. Trump tweeted: “Congratulations to Boris Johnson on his great WIN!”

But all history shows that a rise in the stock market does not necessarily signify anything positive for the working class. Rather, the opposite is the truth. And what pleases the present occupant of the White House will not necessarily be to the liking of the working people of Britain.

The British general election has entered its denouement. The following article was published by the British Marxists at Socialist Appeal on the eve of polling day, reflecting on the last stretch of Labour's hard-fought campaign, in which thousands of activists have been pitted against the smears and lies of the Tory Party electoral machine. 

The most important election of a generation is almost upon us. Boris Johnson, the Tories, and their friends in the capitalist press are doing their best to thwart Corbyn’s chances of making it into Number 10. But with a mass movement taking to the streets and onto social media, everything is up for grabs.

With under a week to go, Labour is taking its campaign up a gear. Activists are being bussed into marginals to bolster local doorknocking efforts. Money is being raised from grassroots donations in order to reach young voters in key seats. And the party’s mass membership is being mobilised to flood the streets over the next few days.

With now only one week to go until polling day, no one can predict what will happen. Given the large number of undecided voters, everything is up for grabs – including a Corbyn government.

As part of the election campaign, Boris Johnson, Jeremy Corbyn and Jo Swinson recently addressed the captains of industry at a conference of the Confederation of British Industry in London. Swinson asserted that the Lib Dems were the "natural party of business" because they want to stop Brexit. Johnson, meanwhile, promised tax cuts for business as well as “stability”.

The first TV debate between Johnson and Corbyn earlier this week highlighted the Tories’ primary (and only) line of attack in this election: Brexit. Indeed, the mantra “Get Brexit Done” has been repeated ad-nauseum by the Tory leader and his PR goons.

Labour members were delivered an enormous shock by the sudden resignation of Tom Watson. He was a stalwart of the party’s right wing. Nobody expected him to leave the party like this. His unexpected departure has effectively decapitated the right wing of the party.

What a week! The last five days of this year’s Labour conference have certainly been a roller-coaster ride. But despite the best attempts of the Tory press to sour the mood, the feeling amongst those leaving Brighton today will no doubt be one of optimism and confidence in our movement.

The British Labour Party has been holding its national conference over the past several days. At a Labour4Clause4 fringe meeting on Monday evening, a packed room of grassroots Labour activists heard from Labour Chancellor of the Exchequer, John McDonnell and leading trade unionists, who speakers pledged their support for the restoration of Clause 4 and Labour's commitment to socialist policies.

Britain is in the grip of an unprecedented crisis. The Brexit deadline is fast approaching. Boris Johnson’s government has hit the buffers and lost control of the situation. The scene is set for the most important and most bitterly-fought general election since the war.

His government is just two days old, but Boris Johnson has already managed to lose his majority and rack up two defeats in the House of Commons. No government in history has faced such an immediate losing streak. This demonstrates how weak the Tory leader and his regime are.

It has been a shaky start for Change UK – the Independent Group, in Britain. Impressive early polling figures for the new "centre ground" party suggested it would take 15 percentage points and a few seats off Labour, thereby robbing Corbyn of a general election victory. But despite this strong initial push, it all seems to have gone horribly wrong. This should come as no surprise. Change UK represents the failed politics of the past.

Local elections took place in Britain on 2 May, in which nearly 9,000 seats across over 250 councils were being contested. They told a story of anger, apathy, and disillusionment. The Tories are clearly in crisis. The unholy alliance of the media and the Blairites have used the opportunity to further their campaign to sabotage the chances of Labour coming to power. Corbyn has tried to bring the focus away from Brexit and towards class issues. This is the best way forward.

Alan Woods discusses the battle in the Labour Party over the question of a second referendum on Britain's EU membership. The Tories are torn apart over Brexit, yet rather than uniting behind their party leader, right-wing Labour MPs are putting their energies into attacking Jeremy Corbyn. Sooner or later, judgement day will come for Theresa May, and the opportunity for Corbyn’s Labour to form a government will present itself. But how will Corbyn deal with the wreckers in his ranks, and the question of the EU?

The Labour4Clause4 campaign in Britain received a massive boost at the annual conference of the Communication Workers Union (CWU) in Bournemouth on 28 April, when a composite resolution supporting the restoration of the original Clause 4 to the Labour Party Constitution was passed unanimously.

“We all f***ing hate her. But there is nothing we can do. She has totally f***ed us.” These are the pearls of wisdom from a Tory MP recently describing the collective hatred with the Conservative Party towards British Prime Minister Theresa May.

Brexit is turning into an absolute car crash. Theresa May has gone down in history as having racked up the biggest and the fourth biggest defeats in parliamentary history. Yesterday, weary MPs rubbed salt in the Tory leader’s wounds by voting to “take back control”, giving themselves a say in how to resolve the parliamentary paralysis (if this is even possible).

A ferocious civil war is going on inside the Labour Party – one that will determine its future. The party's right wing, largely confined to the Parliamentary Labour Party (PLP), have unleashed a torrent of lies, abuse and misinformation. They are backed up to the hilt by the hyenas in the capitalist media, creating a climate of McCarthyite fear and intolerance over allegations of anti-semitism.