SOCIALIST ACTION faces the hardest choices it has ever had to make. The facts are as follows.
• One year ago our landlord demander fourfold ( increase in our rent. Despite months of negotiations and appeals Socialist Action was still hit in June with a staggerng 80 per cent increase in rent. have been faced with ers socialist creases ee and al prices, postage other essentials. But there is no way we can absorb this huge rent increase on top of the other costs.
€ Immediately after able eep going because of the much higher sales created by the general election. We also receivfrom entrease rs. generous donations But although our sales, and income from sales, are today higher than when we launched Socialist Action the exceptionally big increase in orders created by the election has now tailed off. victory directed some as created some demoralisation in the left and a fall in sales.
• The result is that more and more of donations from our supporters have simply gone into paying running costs. This is a disastrous long situation. swallows up basis to and allows basis pand. it does not even replace the high costs oft. modern equipmenț. No the stoken ears ine pocket landlord.
• The only way out is the one Socialist Action has begun. We have started Tooking for premises. Meanwhile we have taken every step to cut our overhead costs.
this is why we have reduced the paper to 12 pages. We have made big cuts in staff.
If we don't do this money will, continue simply to be drained money To berty, and me perty, and move our existing one, will cost tens of thousands of pounds. do not make drastic cuts now we
THE SELL OUT of the POEU dispute by the decithey strike again Socialist Action 9 December 1983
----- pull-quotes -----
away In a capitalist socie- ha to to spend some.