Bank of England issues warning as pound crashes
DITCHING his opposition to a new third runway at Heathrow airport on Thursday, Ed Miliband, the UK Energy Secretary, not only cravenly abandoned his...
World banks on verge of collapse – forward with world socialist revolution
WHEN one of the biggest banks in the world is forced to publish an open letter to staff, investors and depositors that, contrary to...
Darling Robs The Poor To Prop Up The Bankers
CHANCELLOR Darling yesterday admitted that the Labour government, cold-bloodedly, in the last budget, abolished the 10p tax rate for the lower paid, knowing that...
Trade Unions Must Shut Down The Schools, And Kick The Tories Out To Beat...
CORONAVIRUS cases are now rising fast, driven by a new variant of the virus that has emerged in the UK and is much more...
AA sold to Saga, Permira and CVC bosses pocket £300m
TRUE to form the private equity capitalist groups Permira and CVC having acquired the prestigious AA motoring group with the help of huge borrowings...
Junior doctors have been ‘insulted’ by exclusion from any NHS pay rise. They...
JUNIOR doctors have been excluded from any NHS pay rise, and they are furious. Yesterday, their union, the British Medical Association (BMA), announced they...
Brown Threatens Royal Mail Funding!
AT THE CWU rally at Central Hall yesterday afternoon, CWU leader Billy Hayes presented a successful outcome of the postal workers struggle as relying...
Miliband wants a US style Democratic Party not a Labour Party
THE kind of party that Labour Party leader Miliband wants will be no different from the US Democratic Party, if he is allowed to...
Universal Credit = war on benefits
YESTERDAY the Tory-led coalition launched its ‘pathfinder’ trial of the new Universal Credit System at a job centre in Ashton-under-Lyne, Manchester. From here the government...
Nationalise oil and energy industries under workers management and without compensation now!
Yesterday, the Trades Union Congress (TUC) published its plan to cut energy bills by re-nationalising energy retail companies. The plan, issued in advance of next...
Johnson’s Visit To Sweden And Finland Is To Expand The War Against Russia!
PM BORIS Johnson is visiting Sweden and Finland to expand the war in Ukraine, and specifically to urge both nations to join the NATO...
Greek Revolution Erupts – With The Youth In The Lead!
IN all of the Greek cities there were clashes throughout yesterday between workers and youth and the riot police, and other Greek special forces....
Portuguese economic and political crisis reaches explosion point!
PORTUGAL’S borrowing costs have jumped to over 7%, meaning that it will shortly have to seek another IMF-EU bailout, by offering even more cuts...
UK Is £2 Trillion In Debt – Tories Are Ringing The Alarm Bells...
UK GOVERNMENT debt has risen above £2 trillion and hit £2.004 trillion for July. The debt is £227.6bn more than last year. It is...
Bankrupt Britain Faces Huge Welfare Cuts!
IN HIS Autumn Statement on the economy, Chancellor Osborne outlined many more years of severe austerity with billions more in welfare cuts to be...
End all collaboration between TUC and Tories – build a new leadership to call...
TRADES Union Congress (TUC) general secretary Frances O’Grady’s speech to its annual conference contained no call for action from the unions to fight Tory...
May survives Party conference – but will need Labour’s help to sell-out Brexit!
THE sight of PM May ‘dancing’ onto the Tory Party conference podium’ no doubt celebrating that she had survived the Tory Party conference thus...
Trump plans to put Ukraine in a ‘stranglehold’ as US drowns in debt and...
On Monday, the Telegraph newspaper revealed details of a draft contract which US president Donald Trump is preparing to impose on the Ukrainian regime. This...
Peace Talks Begin With Attack On Ramallah Demonstrators
THE Palestinian Israeli ‘peace talks’, officially began on Monday but actually the process began on the Sunday in Ramallah when Palestinian police ...
Labour Party heads for a split
THE announcement by the acting Labour leader, Harriet Harman, during an interview with the BBC on Sunday, that the Labour Party would be fully...
Abbas – Sharon Summit Cancelled!
PRESIDENT Mahmud Abbas’ summit with the Israeli leader Ariel Sharon, which was due today, has been cancelled after Abbas said he was opposed to...
Labour and the bosses knifing pensions and pensioners
A SURVEY from pensions advisers Origen published yesterday shows that companies are continuing to either close their final salary pensions schemes or end admission...
French workers move to bring down Sarkozy regime!
YESTERDAY, the French railworkers’ trade unions began their indefinite strike action, to defeat the attempts of the Sarkozy regime to destroy their pension agreements,...
Greek Workers And Youth Are On The Road To Revolution!
MASSES of workers and youth clashed with the state forces in the Greek capital Athens yesterday, on the first day of a 48-hour general...
Google, Apple and Facebook facilitate international internet slave trade says UN!
HE INTERNET is being used to promote a modern day online slave market, where women and children are being sold into domestic servitude. This...
May’s speech exposes the weakness at the heart of the Tory Party
THERESA May’s speech closing the Tory conference on Wednesday revealed all the weakness of the Tory Party – a party reeling from the mass...
Students Will Fight For A Future
UP to 100,000 students marched through London yesterday to protest against £9,000-a-year tuition fees, and the way that the Tory-LibDem coalition is turning back...
Tuc Must Call A General Strike To Bring Down The Tory-Led Coalition
THE TUC met yesterday afternoon to discuss pay and pensions and the planned mass demonstration and day of action on March 26 against the...
Take Strike Action To Halt Closure Of Automated Mail Centres
ROYAL MAIL, acting on its brief from the government has announced the closure of major automated sorting centres which will affect Liverpool. Oldham, Bolton,...
Oil Prices Set To Soar As Demand Outstrips Supply
THE International Energy Agency has predicted that oil demand is set to leap beyond the capacity to supply, sending oil prices soaring well...
Amnesty Calls Assad War Criminal For Bombing Isis!
AMNESTY INTERNATIONAL has accused the Syrian government of war crimes after it bombed the city of Raqqa, in northern Syria, which ISIS is seeking...
Blair’s Guildhall speech proclaims ‘globalisation’ & war
LABOUR premier Tony Blair spoke about the fight against ‘global terrorism’ and called for free-trade ‘globalisation’ in his foreign policy speech at the City...
Labour’Shuts Out Black And Asian Masses
THE ‘biggest shake-up of the immigration system in 45 years’ got underway yesterday, according to the Brown government. The ‘shake-up’ is that the British ruling...
No Future In Slump-Hit Austerity-Blighted Eu!
UK MANUFACTURING output in October fell at its fastest rate since June, just-released official figures show. Output fell by 1.3%, the Office for National Statistics...
The eurozone is a pack of cards ready to collapse, says the economist who...
THE man who is credited as the principle architect of the single European currency 14 years ago has just warned that his ‘project’ is...
Running Scared Of Youth And Revolution!
THE German Finance Minister Wolfgang Schaeuble warned a Paris conference of French, German and Italian leaders on Tuesday that youth unemployment of almost 25%...
Answer the capitalist crisis with a socialist programme
THE deepening capitalist crisis has seen the breakdown of the decisive Doha Round of World Trade Organisation talks, with the United States refusing and...
Leave the EU with no deal! Forward with the socialist revolution!
THE VOTES in Parliament on amendments to Theresa May’s Brexit deal saw the counter-revolutionary plots by MPs from all parties to smash the 2016...
Disbanding The Met Police Force Is Long Overdue. It Must Be Disbanded Without Delay!
POLICE in London have strip-searched 650 mostly Black children – most of whom were found to be innocent of the suspicions against them –...
NHS privatisation in London could ‘cost lives’
THE government’s Healthcare Commission published a report yesterday which called for National Health Service (NHS) hospital trusts to ‘do more to ensure they consistently...
Take Action To Win The Winter War
ON FRIDAY, the Health Secretary Hewitt announced that the NHS is heading for a £623 million deficit by the end of March. This deficit is...
As Syria burns the Israeli regime intensifies its repressions of the Palestinians
THE Palestinian Minister of Finance, Shukri Bishara, has just addressed members of the Ad Hoc Liaison Committee (AHLC) in New York, telling it that...
Greek crisis sharpens – the working class must take the power!
AHEAD of today’s summit of the European Union the Greek transport minister issued an open threat that unless striking transport workers returned to work...
Tories getting ready to blitz NHS and Welfare State
YESTERDAY PM Cameron pledged that a Tory government will introduce a law, within 100 days of taking office, guaranteeing no rise in income tax...
Scotland Yard refuses to back down as the capitalist state gives up on bourgeois...
TORY leadership rivals Boris Johnson and Jeremy Hunt have found themselves leading the condemnation of Scotland Yard after a senior officer threatened to prosecute...