Dollar collapsing as gold reaches $1,000 an ounce
ON August 15 1971, the then president of the United States, Richard Nixon ended the gold backing for the US dollar, which up till...
Household debt £300bn! Council evictions soar! Bring capitalism down!
HOUSEHOLD debt in UK is worse than at any time on record a new report by the Office for National Statistics (ONS) shows. Credit cards,...
‘Fools Gold’ Sends Stock Markets Rocketing Upwards
BOTH Wall Street and the London stock markets made record advances yesterday. The FTSE 100 index rocketed upwards on Friday morning adding £80billion to share...
Saudi Arabia issues its demands to Qatar – submit or be crushed
YESTERDAY, Saudi Arabia issued a set of 13 wide-ranging demands to Qatar which it insists have to be met before the sanctions imposed on...
Queen’s Speech leaked as axe set to fall on public sector and business grants!
THE leaking of the Queen’s budget speech is unprecedented, and is an expression of the depth of the split and the cynicism in the...
Parliament Votes Lords Resolution Banning Any UK ‘No Deal’ Into Law!
THE HOUSE of Commons on Monday night voted by 390 votes to 81 to turn a House of Lords resolution into legislation that bans...
Abolish student loans and debt, and restore grants!
LAST Monday the coalition government’s drive to privatise every single public service and completely smash up the welfare state took yet another grotesque turn...
Greek Crisis Set To Explode Under Eu!
GREECE’S Syriza government has drawn up its plan to renegotiate with the EU. Prime Minister Alexis Tsipras won a confidence vote on Tuesday evening,...
Expulsion of diplomats attempt to demonise Russia – workers know the enemy is at...
The Czech Republic on Saturday expelled 18 Russian diplomats after claiming that two alleged Russian spies were behind a deadly explosion at a Czech...
Unions Must Take Action Now To Defend The NHS!
FOLLOWING similar warnings by the King’s Fund and other bodies, the BBC has announced that the NHS in England faces a...
Only the banks matter for Mandelson
MANDELSON began his speech to the City of London magnates at the Mansion House last Wednesday night by declaring his continuing support for the...
It’s a crisis of capitalism not a crisis of food production
ON SUNDAY we were told that in the future we will not be able to get the state pension until the age of 70,...
Iraqi puppet government splits after Maliki refuses to order US withdrawal
THE political bloc of anti-occupation Shia cleric, Moqtada al-Sadr, yesterday quit the Iraqi puppet government with its six ministers quitting the cabinet. They walked out...
Chancellor’s Budget for starving the working class
OSBORNE’S BUDGET speech was devoid of any attempt to analyse the world crisis that is gripping capitalism and which is deepening by the hour,...
Wilbur Ross Lays Down The Law To The UK Bosses And Government
PRESIDENT Donald Trump’s senior adviser Wilbur Ross has just addressed the CBI bosses and given that body its orders as to what it must...
Tory government responsible for thousands of unnecessary deaths – time to kick them out!
YESTERDAY marked the 10th anniversary of the BBC Panorama programme that exposed the shocking treatment of the patients at Winterbourne View, a private hospital...
‘History at a turning point’ – forward to victory of world socialist revolution
THE ANNUAL meeting of the World Economic Forum (WEF) at the Swiss resort of Davos started yesterday on the theme of ‘history at a...
Imperialist War abroad and class war at home – a general strike is the...
THE Trade Union Congress is meeting at a very crucial time for the working people of the UK and for the working people of...
Final report into Boeing crash shows bosses ignored warnings! Nationalise Boeing – the US...
THE FINAL report into the Boeing 737 Max air crash in October last year, in which 189 people lost their lives, was published yesterday...
Take the PCS civil servants up on ‘full support’ offer
LAST THURSDAY at 2pm as the postal workers came out on their 48-hour strike, the PCS civil service union sent a special message to...
Children starve in Britain while bankers reap billions
IN the same week that the capitalist banking system was exposed as a centre of criminal venality, lying and cheating in order to secure...
Sri Lanka Tea Workers Battle For £2 A Day
SRI LANKAN tea workers, some 400,000 strong, are mainly Tamil women workers, who work for around £1 a day and live, along with their...
Time to put an end to ‘zombie’ capitalism with socialist revolution
STEPHEN Welton, head of the small business investors group the Business Growth Fund (BFG), warned this weekend that the UK economy is in the...
French unions answer Macron’s declaration of war by calling for ‘all French people’ to...
FRENCH President Emmanuel Macron used his annual New Year’s address to the nation to rule out any compromise with the working class over his...
As Johnson steps up his attacks on workers, Unite leaders offer to lend him...
THE Johnson government stepped up its attack on the UK working class yesterday by reducing its furloughing payments to workers to 60% with the...
Tory ‘hostile environment’ programme alive and kicking – Stop mass deportation flight!
THE PLANNED deportation of 50 people to Jamaica, many of whom came to the UK as children, shows that the Tories racist hounding of immigrant...
Trade unions must act over NHS crisis by organising a general strike
HOSPITALS across the country are already running close to 100% bed occupancy and the full effects of winter haven’t even started to impact on...
Labour Must Renationalise Energy Giants!
CENTRICA, the UK’s biggest energy company, said yesterday that if Labour won the general election in 2015 and brought in an energy price freeze...
British Capitalism At The Centre Of The Capitalist Crisis
THE worldwide capitalist crisis drove the pound down on Friday into an unprecedented collapse. The pound slumped 9.6 US cents to $1.52 at...
Hutton to starve the unemployed into cheap labour jobs
WORK and Pensions Secretary Hutton asked a question at the start of his verbal onslaught on the unemployed yesterday morning. It was: ‘People want...
A British ‘barbaric act of aggression’ in Basra
THE Labour Government’s Defence Secretary, John Reid, declared yesterday that sending six Warrior tanks to demolish the wall of a prison compound in Basra,...
HSBC a repeat offender that will never change
IN September 2014 HSBC settled claims that it made false representations in selling mortgage bonds to the giant US mortgage companies Fannie Mae and...
Bank and government split as crisis deepens
THE decision of the governor of the Bank of England, Mervyn King to name and shame the Chancellor of the Exchequer, Darling, as...
Kick out TUC leaders who refuse to fight mass unemployment – build a revolutionary...
INTERVIEWED on Sky’s Sophy Ridge programme on Sunday, TUC general secretary Frances O’Grady appealed for the Tories to unite with the TUC, saying: ‘Let’s...
Brown brings back Mandelson to fight the trade unions
WITH the financial storm clouds starting to burst around him, Prime Minister Brown has established with his cabinet reshuffle that he means every word...
SOUTH AFRICA: Legacy of the revolution betrayed
THE fighting in Johannesburg and its surrounding black townships, over the past week – with more than 23 people being killed, pitched battles with...
The housing crisis intensifies as police and bailiffs clear estates for the benefit of...
THE housing crisis in the UK has reached explosion point. There is no new council housing being built, rents are being driven sky-high, while housing...
The lessons of Katrina and Buncefield
A VIDEO showing President George W Bush being warned on the eve of Hurricane Katrina that the storm could breach New Orleans’ flood defences...
HSBC money launderers protected by Osborne and top US officials out of fear of...
A US Congressional report has revealed that US officials refused to prosecute HSBC for money laundering in 2012 because of grave concerns within the...
Bank calls for public spending to be slashed to protect profits!
THE capitalist class of Britain and Europe have been served with a warning that unless they act quickly to slash all public spending they...
Defend state university education against the coalition barbarians!
LORD Browne’s review of university funding is to recommend a threefold increase in tuition fees. Lord Browne (former head of BP) is proposing to raise...
British Chambers of Commerce looks to class war in New Year
FOR some days now, Minister Jowell has been campaigning in the cabinet to stop Gordon Brown being verbally beastly to the Tories, by bringing...
Bell Tolls For UK Capitalism On June 23 Referendum Day!
THE Tory government is now split over its EU referendum, with six cabinet ministers, and over 100 MPs advocating a vote to leave the...
Starmer plans to use racism to split working class in an attempt to hold...
THERE has been an outpouring of rage over the speech by Labour prime minister Keir Starmer on Monday unveiling the government’s immigration White Paper...
Rowley reveals scale of police corruption – time to disband the police and go...
THE newly installed Metropolitan Police Commissioner, Sir Mark Rowley, yesterday stated that the Met faced its biggest corruption crisis since the 1970s. The crisis, that...