An astute social commentary about life in recession-hit Britain in the Thatcher era. Chrissie, Dixie, Yosser, Loggo and George sign on at the benefit office before heading off for some short-term work for the builder Malloy. The conversion job turns out to be the future new offices of the DHSS. Unfortunately, DHSS officials Moss and Lawton suspect their scam and are determined to catch them in the act.

Dixie Dean, working at night in the port as a security guard, is strongarmed into accepting bribes for allowing the removal of goods under his charge in a docked ship. Chrissie, Loggo and George, the other members of the original gang, meet up prior to Snowy Malone's funeral.

Chrissie and his wife Angie are driven to despair by money problems and hounding by the Department of Employment investigators.

After his wife leaves him, Yosser Hughes struggles to hold his family together, but with no work and the police and social services closing in, he is driven towards a final desperate act.

After his operation, George Malone walks out of hospital in his pyjamas. Chrissie, Loggo and George's sons return him, but he later leaves again. His wife knows that he wishes to die at home, so Chrissie takes George out in a wheelchair to the docks where he once worked.