The two symptoms together say it clear. The PS belt is loose. Even brand new belts, if the tension is low, squeal like crazy.
So, as craigp said, check the PS fluid level first, then look for leaks around the PS pump (oil on belts and pulleys is no good) but then go for new belts install and set to correct tension. I recently installed DayCo Top-Cog and they're perfect !
The PS one is not the easier to tension because space around the pump is restricted, but you can easily do a whole set change in an hour or so.
Ah, and you can easily tell which belt is loose by looking at them and revving the engine (from the carb side of throttle linkage, or having someone doing it for you): a tight belt keeps its shape, a loose one shows a sort of "vibration", like a guitar string played open...