To fight mass unemployment bring down Brown government
The number of UK unemployed rose by 164,000 between June and August, to 1.79 million, taking the official unemployment rate to 5.7% from...
Union leaders in Brown’s top pocket
The Consumer Prices Index (CPI) measure leapt from 4.7% in August to 5.2% in December, with the Retail Prices Index (RPI), which includes the...
No sackings, or wage ‘holidays’ for bankrupt banks and councils
YESTERDAY the Brown government was emphasising that it had no interest in running the three banks that it was ‘part-nationalising’ (rescuing) with £37bn of...
The Capitalist System Deserves To Perish
THE run on shares last Friday, particularly bank shares, devastated capitalists and capitalism. The Royal Bank of Scotland saw its shares crash by 25 per...
Northern Ireland – Massive NHS Cuts On The Agenda
MORE THAN 700 nursing posts are under threat in Northern Ireland as part of wider plans to cut almost 2,500 health service jobs over...
Get rid of bankrupt capitalism – forward to socialism!
CHANCELLOR Darling flew to the US yesterday to meet with fellow finance ministers, and Federal Treasury Secretary Paulson, for the IMF-World Bank Annual Meeting. Yesterday...
brown proposes to rob the workers to rescue the bankers
YESTERDAY saw the big international push get under way to try to rescue the bankers of the world from the crisis of their capitalist...
Afghan Fall Out – Gates Attacks UK Defeatists
US Defence Secretary Gates has condemned as ‘defeatist’ a comment by the British commander in Afghanistan that the war there cannot be won. Speaking...
Police Have No Regrets And No Remorse Say de Menezes Family
THE Metropolitan Police chief, Blair, has already gone, his going made inevitable by the disgraceful attitude that he took to the police murder of...
Brown’s National Economic Council ‘war cabinet’ will be making war on the workers
‘WE have agreed to make a solemn engagement as heads of state and government to support banking and financial institutions faced with the crisis,’...
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...
US–UK demands war while Karzai calls for peace with Taleban
US Defence Secretary Gates, and the new US military commander in Afghanistan, General Petraeus have recently been canvassing in London for a doubling of...
Brown, Cameron & Clegg unite to rescue bankrupt capitalism
THE manufacturing sector of the British economy shrank last month at the fastest rate for 17 years, that is since 1992, according to figures...
Bush’s Wall Street Bail-Out Defeated
PRESIDENT George Bush’s Bill for a $700bn package of measures to bail out the Wall Street banks and large financial institutions in the United...
Capitalist collapse continues while Brown vows ‘to save the system’
YESTERDAY two major banks had to be nationalised to prevent a run on the UK and EU banking system. They were the Bradford and...
No To Propping Up Backward Capitalism – Overthrow It With Socialist Revolutions
BOTH Washington and London were yesterday involved in a desperate race against the clock. Labour let it be known, Sunday mid morning, that it will...
Bush Bail Out Plan Attacked By The Working Class And By The Republican Right
REPUBLICAN representatives walked out of the crisis talks with President Bush on Thursday night, denouncing him as a socialist for launching his $700 bn...
pass Bill or face financial panic, bank closures and ruin – Bush tells Senate...
THE US president George Bush has been so frightened at the prospect of a 1929 collapse and a 1930s depression gripping the US that...
British Commander Demands Tro0P Numbers In Helmand Be Doubled
A FEW WEEKS ago the US Secretary of Defence, Gates, was accused of trying to corral the British government into sending more troops...
Brown’s empty words cannot hide he is the bankers’ man
‘I want to talk to you about a new settlement for new times. A fair Britain for the new age. . . my unwavering...
Darling can’t explain the crisis and he cannot resolve it
YESTERDAY at the Labour Party conference the leaders who not so long ago announced to the world that they had conquered the essential tendency...
The Brown government is for the bankers and the bosses!
THOUSANDS of trade unionists will be marching in Manchester today to the Labour Party conference to protest at the ‘breadline wages’ that public sector...
‘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...
Brown and Darling give the nod to 40,000 sackings!
ONCE AGAIN the Labour Party leadership of Brown and Darling have shown where their class allegiance lies – and at great cost to the...
Capitalist crash drives HBOS into the arms of Lloyds TSB
THE Federal Reserve Bank’s $85bn ‘rescue’ of AIG was carried out to stave off an immediate international financial and business collapse. It has turned...
Bank shares fall while AIG and HBOS live on borrowed time!
SHARE price collapses continued yesterday after the bankrupting of the fourth largest US investment bank, Lehman Brothers, and the ‘rescue’ of Merrill Lynch by...
Wall Street crashes. Capitalism goes over the brink!
LEHMAN Brothers and Merrill Lynch, two pillars of the capitalist world’s banking system, have gone. The first declared bankruptcy, after the US Federal Reserve...
There Will Be No Labour Leadership Election Says Tony Woodley
TONY Woodley, the Unite joint general secretary, has stepped into the row over the demand for a Labour Party leadership debate and a leadership...
Nationalise the energy companies to end fuel poverty
PM Brown has rejected out of hand the trade union demand for a Windfall Tax on the oil, gas and energy companies, that are...
US not winning in Afghanistan admits US military chief
ADMIRAL Mullen the US chief of the general staff has stated that he is not convinced that the US is winning the war in...
Britain, Germany, Spain And The US Poised On The Brink Of Recession
THE European Commission stated yesterday that the UK, Germany and Spain, key members of the EU, with Germany being the world’s biggest exporter, are...
US Ruling Class Forced To Nationalise Bankrupt Mortgage Giants
THE nationalisation of the Fannie Mae and Freddy Mac mortgage finance companies by the ultra right wing Bush administration is a forced admission of...
One word ‘strike’ sends the TUC into a spin
EARLIER this week the News Line stated that it would not be enough to adopt a programme at the current TUC Congress, but that...
Demoralised Simpson says Cameron rather than Miliband!
ON the eve of the TUC Congress, the TUC leader, Brendan Barber, has issued a call to the Brown government to tax the rich. There...
‘Let them eat cake!’ Brown turns his back on the workers!
ADDRESSING the bosses of the Scottish CBI, Prime Minister Gordon Brown assured them that his government will not be giving workers, the poor and...
Defend jobs, pay & services: Lobby the TUC! Build councils of action!
THE Bank of England (BoE) Monetary Policy Committee decided yesterday to make no change in its base interest rate and to leave it at...
Pound drops and inflation rises as recession grows
THE pound fell to an exchange rate of $1.77 yesterday, its lowest level for two-and-a-half years. In June sterling was trading at $2, but...
Russia’s response to the EU’s Georgia threats
THE Russian government said yesterday there had been a ‘responsible’ outcome to Monday’s European Union summit called to discuss the recent fighting between Russia...
Britain hardest hit by world capitalist crisis
YESTERDAY’S reports on the state of the economy reveal more about the catastrophe gripping British capitalism, part of the world crisis. • The Bank of...
Egypt must keep open Gaza’s Rafah crossing!
THE Rafah crossing between the Gaza Strip and Egypt, which has been closed for the past five months, was opened for two days at...
Poverty under capitalism is ‘killing people on a grand scale’
‘SOCIAL injustice is killing people on a grand scale.’ This is the conclusion of the World Health Organisation’s Commission on Social Determinants of...
THE HOUSING CRISIS: Nationalise construction companies and banks!
AVERAGE house prices in Britain are now 10.5 per cent lower than they were a year ago, according to figures published yesterday by Nationwide,...
Defend Russia against the imperialist US-EU war ‘coalition’!
ON THE eve of his visit to Ukraine, Britain’s Foreign Secretary David Miliband declared that the purpose of talks with ‘international partners’ was to...
US Forces Massacred Civilians In Afghanistan
AMERICAN occupation forces carried out a bombing raid on the village of Nawabad in the Shindand district of Herat province last Friday, killing 90...
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...