Carney tells banks to find £11.4 billion to save them going bust
DESPITE all the recent words from Mark Carney, Governor of the Bank of England, about the underlying health of British capitalism, his actions yesterday...
Capitalism On The Rocks – Forward To Socialism
THE number out of work in the UK rose by 137,000 to 1.86 million in the three months to October – the highest level...
World crisis hits eurozone
THE announcement by the unelected Italian prime minister, Mario Monti, that he is quitting the job sent the Italian economy into a massive crisis...
Bank of England pushes up interest rates again as it pushes UK into recession!
THE Bank of England yesterday increased the interest rate for the 13th time in a row from 4.5% to 5%, heaping economic catastrophe on...
World capitalism hanging over the brink
WHAT bourgeois economists thought was unthinkable just a few days ago is now about to happen. In just four days time the United States is...
Bankrupt capitalism deserves to perish
THE major British banks want to be able to use a ‘wider range’ of collateral, meaning their very dodgy mortgage portfolios, for the billions...
Arrest the criminals and charge them for the murder of every man, woman and...
‘71 DEAD. And still no arrests? How come?’ read three large billboards on trucks demanding justice following the Grenfell Tower fire. They were...
Top of the capitalist agenda – raising food prices and starving the world
THE United Nations is warning of disturbances and revolutions in developing countries worldwide as its food price index hits an all-time high. The UN’s food...
Bankrupt Britain Is On The Rocks! Now Is The Time To Go Forward To...
JUST 50 days after being elected with an unassailable landslide 141-seat majority, the Labour government has replaced the hated Tory austerity cuts with Labour...
Inflation rages, the trade deficit widens and the bosses demand even tougher anti-union laws
THE Bank of England’s Monetary Policy Committee yesterday kept rates at 0.5%. Inflation however is continuing to rise as world oil, wheat, meat, cotton and...
Forward To The General Strike And A Workers Government!
THE Daily Telegraph newspaper used its front page yesterday to kickstart a campaign for the police to enforce the Labour government’s latest terror laws...
Bank of England split over interest rates revealing chaos and demoralisation at the heart...
THE Bank of England Monetary Policy Committee (MPC) yesterday made the surprise decision to hold UK interest rates at 5.25% instead of the widely...
Crisis-ridden US capitalism driven towards war
US capitalism really has got its back to the wall, and has somewhat lost its balance, when its Treasury Secretary, Geithner, says that he...
Doctors strike to defend the NHS and to defend patient care!
ALMOST 50,000 resident (junior) hospital doctors started their 5-day strike yesterday against the government’s refusal to fund their claim for a pay increase of...
Civil war declared as Tories are torn apart by the capitalist crisis – Kick...
CIVIL WAR in the Tory Party has erupted as Boris Johnson and his allies launch a coordinated attack on PM Rishi Sunak, with the...
Budget Day strikes – demand TUC calls a general strike to kick out the...
TORY Chancellor Jeremy Hunt will be delivering his Budget speech today in the middle of a massive strike action across the country of up...
UK cannot fight the IS movement that it helped to create!
THE UK’s role in fighting the Islamic State is ‘strikingly modest’ and should be stepped up, the House of Commons Defence Select Committee has...
Bma Oppose Health Rationing
‘We are not against improving patient referral standards, but we are opposed to referral management to cut costs and ration treatment,’ British Medical Association...
Holbrooke, Blair, Thaci, mafia wars and organ theft
THE Council of Europe has named the Kosovo Prime Minister, Hashim Thaci, as a mafia leader who organised the sale of drugs and weapons...
Blair convinces nobody with his education market
YESTERDAY saw the Prime Minister seeking to reinvent himself as the champion of the people and a supporter of ‘social justice’. Speaking in...
CBI bosses turn on Labour for not hitting working class harder
LABOUR Chancellor Rachel Reeves turned up at the annual conference of the Confederation of British Industry (CBI) yesterday to defend her autumn budget in...
Stop Bedroom Tax! End evictions! Unions must act!
THE warning given over the weekend by the head of one of the leading housing associations that the bedroom tax will lead to mass...
Johnson refuses to resign – organise a general strike to kick him and the...
BORIS Johnson opened prime minister’s question time yesterday by apologising for giving the impression that lockdown rules, imposed by his Tory government, had not...
Minimum 3-month wait for operations! NHS must be defended with a general strike!
PATIENTS suffering from serious conditions, requiring hip or knee replacements, hernias repaired and cataracts removed, all considered ‘non-urgent surgery’, have been told that they...
US workers reject Obama’s rescue of bankers and bosses
SCOTT Brown’s victory for the Republican Party, in the Massachusetts election for the US Senate, does not mean that US workers can’t wait to...
Obama Compares Bp With Osama Bin Laden
US PRESIDENT Barack Obama said yesterday that the oil disaster in the Gulf of Mexico will have the same impact on the US...
Ireland heading for a general strike
THE Croke Park II proposals to cut the public sector pay bill, as part of an additional one billion euros of state cuts, have...
Petrol price rises leading to new fuel blockade
UK petrol and diesel prices are still rising in the wake of Hurricane Katrina, with the average cost of petrol now at 95.1 pence...
Osborne’s ‘city states’ are part of the break-up of British capitalism
OSBORNE’S plans for English cities to have mayors and combined authorities with powers over housing, health care, transport, planning and policing mean that London,...
The Trade Unions Must Call General Strikes To Bring Down Capitalism!
SEVERAL human rights organisations have condemned the UK Supreme Court’s decision that a lawsuit against the government, challenging its continued arms sales to Israel,...
No Performance-Related Pay In The Classroom!
THE House of Commons Education Select Committee yesterday tried to deliver a blow against the national pay agreements established by the teaching trade unions....
Riga humiliation for Bush and NATO
WHILE President George Bush was condemning EU leaders for not sending more forces to Afghanistan to fight the Taleban, officials of the main central...
Bank of England & US Fed continue to pump out free money to attempt...
YESTERDAY, the Bank of England announced that it will be keeping interest rates on hold at the historical low of 0.1%. This was the unanimous...
Chagossians must have the right to return – the US base on Diego Garcia...
A BIG delegation of the 2,000 Chagossians who are living in Crawley, plus delegations from the FBU, GMB and POA trade unions will be...
Bankers gripped by fear are relying on ‘hope’!
THE new Deputy Governor of the Bank of England (BoE), Charles Bean said yesterday that when the so-called ‘credit crunch’ began last August central...
Nationalise Land Rover and Jaguar to defend wages and jobs
THE Alchemy Partners gang of asset-strippers have got Land Rover and Jaguar in their sights, now that cash-strapped Ford is ready to sell off...
Time to dump capitalism in the ‘dustbin of history’ along with Labour leader Starmer!
LEN McCLUSKEY, general secretary of the Unite union, said that Labour Party leader Keir Starmer faces being ‘dumped into the dustbin of history’ in...
Israeli unions are striking for a Gaza ceasefire! The UK TUC must call a...
A NATIONWIDE strike swept across Israel yesterday, intensifying the mass pressure on Prime Minister Benjamin Netanyahu to agree an immediate cease-fire and a prisoner...
Imperialist Vipers At Work
FROM the early 1980s, the CIA and MI6, directed by the US and UK governments of the day, supported and armed the Mujahideen in...
Queen’s Speech Sees Her Government Dodging Big Issues!
WEDNESDAY’S Queen’s Speech began with an evasion that her government would continue to seek a ‘high-wage low-welfare economy’. This was said at a time when...
UK workers are weighed down by debt while landlords are fattened on £21bn of...
LENIN, in his work ‘Imperialism the Highest Stage of Capitalism’, wrote about one of the most important connections between the imperialist drive for colonies...
Tories Plan To Bomb Syria And Send Troops To Libya
NEWS LINE congratulates the German workers who have given a big welcome to the Syrian and other refugees who have shown such an indomitable...
Keogh creating a two-tier inferior NHS and proud of it
THE BIG push is on to destroy the national network of A&Es that millions of people depend on, and to convert at least 100...
Mandela mourners boo ANC President Zuma
THE presence of all of the capitalist world’s leaders could not keep the South African masses quiet about their real feelings for the ANC...
Struggle against Assad and Iran more important to US-UK gangsters than defeating ISIS
UK Prime Minister Cameron said yesterday that the UK supports US airstrikes against the IS not with boots on the ground, but by other...