The Bank of E grapples with the contradictions of the capitalist economy
IN its latest report the Bank of England monetary committee has rejected the line put forward in the budget by the Chancellor of the...
Imperialists Getting Their Fingers Badly Burned In Ukraine As Bread Prices Rise Worldwide
THE front page of yesterday’s Daily Telegraph carried an article headlined ‘Vladimir Putin “weaponising” world’s food supplies.’ This story of the dastardly Putin being responsible...
World bankers meet in Washington as crisis erupts across the capitalist financial system
THE JOINT annual meeting of the International Monetary Fund (IMF) and the World Bank is taking place in Washington this week under conditions of...
BIS Report – Global ‘Debt Trap’ set to crash world capitalism
THE SWISS based Bank for International Settlements (BIS), the ‘central bank for central banks’, has issued a new warning about the global ‘debt trap’...
The judiciary seeks to bar the way! Open it up with a socialist revolution!
YESTERDAY’S ruling by three High Court judges that the Tory government does not have the right to trigger Article 50 is the latest and...
Nationalise the Banks!
As the scandal engulfing the banks accelerates daily, so the attempts by both Labour and coalition party leaders to pretend they can stop future crises...
Pharmaceutical companies exploit the sick for profit – expropriate them now!
THE LATEST scandal over the obscene profits of giant pharmaceutical companies emerged this week with the news that campaigners are demanding that the Tory...
Coalition ready for Mumbai-style heavy weapons battles in cities
UK security chiefs have ordered an acceleration in police heavy weapons training so that they can hold the line against Mumbai-style attacks in UK...
Take Decisive Action To Win Postal Struggle
AFTER almost two days of discussions, the CWU leadership has rejected the call of the membership of the union for indefinite strike action, and...
Britain urges: ‘Prepare for war with Russia’ – workers however must remove the Labour...
ECHOING the strident and alarmist calls to prepare for war against Russia from UK military chiefs, Al Carns, Labour’s UK Armed Forces Minister, warned...
US and UK end aid funding to Palestinians in support of Zionist starvation of...
THE United States, along with other Western countries, has pitched in to accelerate Israel’s war on Palestinians through a campaign of deliberate starvation to...
Coalition To Take The Axe To Council Spending And End ‘Ring-Fencing’
COUNCILS in England face a 10% cut in funding from central government as part of the coalition’s spending plans for 2015/16. As well, there...
Students Under Attack–Restore Free State Education!
THE NUS has just published its Poverty Commission Report which shows how education costs are rising, condemning students to live in poverty and blighting...
British imperialism’s major ally, Saudi Arabia is up to its neck in promoting terrorism...
A REPORT by the Henry Jackson Society, published yesterday, named Saudi Arabia as the main foreign promoter of Islamic extremism in Britain, stating that...
Labour rats flee their sinking ship
COMMUNITIES Secretary Hazel Blears has resigned from the cabinet, on the eve of the local government and EU elections, delivering a major blow to...
Trump And The US Ruling Class Up To Their Necks In The Afghan Quagmire!
THE US ruling class and its leader President Trump (allegedly much versed in the ‘art of the deal’) are now up to their necks...
British army – out of control and out of its depth
AFTER the disgraceful episode, where not one soldier or officer was found guilty of the murder of Baha Mousa, the attempt to sanitise the...
Smash Brown’s budget cuts, and wage freeze policy
CHANCELLOR Gordon Brown told the House of Commons last Thursday that he will reduce the Whitehall budget by up to 20 per cent in...
Netanyahu rages against genocidal Israeli state being ‘isolated’ and threatened by the mass movement...
YESTERDAY, the Israeli state deliberately shut down all communication services in Gaza, cutting off approximately 800,000 Palestinians in the Strip from the outside world. This...
Turning Mothers Into Informers
WITH the western powers losing their war in Syria, after the British and American workers refused to allow their governments to send troops or...
Brown Loves Bankers But Attacks Single Parents
AT the same time as the Brown government continues to spend hundreds of billions to ‘preserve’ the bankers and the capitalist system, his government...
The Working Class Must Intervene To Ensure That Parliament Is Not Allowed To Smash...
THE British ruling class is in big trouble indeed when it has to turn to Karl Marx and his ‘18th Brumaire of Louis Napoleon’...
GMB, Unison and Unite refuse to call action to bring down coalition
‘WORKING people in the UK can help stop the Conservative-led coalition from taking a wrecking ball to the fabric of daily life.’ This is the...
Workers will ignore Tory attempts to make Russia their enemy – the enemy is...
YESTERDAY’S statement by Theresa May to parliament on the range of ‘reprisals’ against Russia for the alleged involvement of the Russian state in the...
TUC must support junior doctors with a general strike!
THE decision by the British Medical Association to authorise fresh strike action by junior doctors over the imposition of a new work contract is...
British imperialism being cut down to size by the crisis
BRITISH imperialism, at the height of its power and even up to the 1930s, had at its heart the dictum of sea power, that...
US-UK rescues ISIS fighters from Raqqa – no doubt they will now be sent...
PM MAY made crystal clear yesterday that Russia is the main enemy of crisis-wracked UK imperialism. In fact, Tory newspapers have been making it...
Join the YS lobby of TUC Special Congress on Saturday to demand TUC calls...
MATT Wrack, general secretary of the Fire Brigades Union (FBU) and president of the TUC, has warned of industrial confrontation ‘unseen since the 1970s’...
Former BoE Governor calls on China to abandon ‘zero-Covid’ strategy to save global capitalism!
THE FORMER Bank of England Governor Mark Carney yesterday warned that China’s ‘zero-Covid’ strategy is ‘at risk of derailing the global economy and driving...
STOP the Tory drive for 20,000 more police! Smash the capitalist state with a...
THE CHIEF Inspector of Constabulary, Tom Winsor, in his ninth and final annual review, has warned that Tory PM Johnson’s promise to hire 20,000...
Israel continues with its Gaza massacres
ISRAEL has rejected the UN security council resolution calling for a ceasefire and a withdrawal from the Gaza Strip, and is determined to carry...
Hands off nurses! Government to blame for cuts
The Royal College of Nursing (RCN) started its annual conference this week in the midst of a brutal attack on the nursing profession spearheaded...
TUC leader pleads with EU president
YESTERDAY, Tory leader David Cameron hosted a breakfast meeting with the president of the European Parliament, Martin Schulz, as part of his campaign to...
Bedroom Tax – a savage assault on the poor and vulnerable
Nothing typifies the vicious war against the poorest and most vulnerable sections of the working class more than the introduction next month of...
RCN declares ‘national emergency’ in the NHS over ‘corridor care’!
THE Royal College of Nursing (RCN) acting general secretary, Professor Nicola Ranger, opened the union’s annual conference yesterday declaring a ‘national emergency’ in the...
Osborne admits UK capitalism ‘critical’ in 2016-17
IN a speech yesterday and in interviews with the BBC, the Tory chancellor, George Osborne, admitted that, contrary to everything he has said in...
Syria, the Kurdish people and the Turkish workers must stand together against imperialism!
THIRTY-FIVE Syrian civilians have reportedly been killed and 75 others wounded by fresh Turkish artillery and tank fire plus air strikes on Jubb al...
World Bank issues a warning that attacking Iran will have cascading impact on the...
THE President of the World Bank, Ajay Banga, has warned that the US-Israeli aggression against Iran will have a cascading impact on the global...
‘At war’ Obama speaks about taking difficult decisions
PRESIDENT Obama’s inaugural address was Churchillian in tone, but lacking in concrete content, limiting itself to spelling out that the US ruling class was...
Time To Disarm The Imperialist Nuclear Powers To Go Forward To Socialism!
AS the world capitalist crisis deepens, the imperialist powers are frantically rearming and planning to reinforce ‘Europe’s nuclear umbrella’. They are fearful that US imperialism,...
The bosses refuse to back May! Now is the time for a general strike...
A PLAN by the Tories to demonstrate that the bosses of Britain’s leading companies are firmly behind the chaotic Brexit negotiations blew up in...
Anger grows against Royal Mail’s pensions onslaught
ROYAL MAIL managers have overwhelmingly rejected changes to their pensions in a ballot. Their union, Unite, revealed yesterday that there was an 85-per-cent vote...
Obama’s Amnesty For Torturers – ‘They Were Just Obeying Orders’
CENTRAL Intelligence Agency employees who tortured people in the Guantanamo Bay and Bagram Bay US concentration camps as terrorist suspects held without charge or...
UK and US workers must unite to smash capitalism and imperialism! Forward to Socialism!
ELON Musk’s chainsaw wielding stunt with Argentine President Javier Milei before a conservative convention in the US on Thursday was a call to war...
May defends capitalism, Corbyn wants it ‘restructured’. It must be overthrown through the socialist...
‘THE FREE market economy,’ in other words capitalism, ‘is unquestionably the best, and indeed the only sustainable, means of increasing the living standards of...