Ex-head of Fed warns ‘US capitalism under threat’
SPEAKING at the Policy Exchange in London this week Alan Greenspan, former head of the US Federal Reserve Bank, issued his direst warning about...
Act To Stop The Privatisation Of Royal Mail!
ROYAL MAIL bosses, Chairman Allan Leighton and Chief Executive Adam Crozier, are calling on the Labour government to give the go-ahead for them to...
US Economy Declines – As States Go Bust!
THE former chairman of the US Federal Reserve, Alan Greenspan, has warned that the US economy is heading towards a deepening of the slump...
Congress must call general strike to bring down the Tories and bring in a...
THE TUC meets in Brighton this week for its most vital Congress in living memory. It meets at a time when the working class...
Capitalist world crisis is rapidly deepening – creating the conditions where the working class...
SHOCK economic data on Thursday revealed a crash of 0.1 per cent in the UK’s Gross Domestic Product (GDP) for two consecutive months, with...
Labour to ‘relax’ restrictions on banks risking massive increase in house repossessions!
LABOUR Chancellor Rachel Reeves is committing the Labour government to follow in the footsteps of US president Donald Trump by enthusiastically embracing policies to...
Interest rates held at 4.75% as inflation increases!
THE Bank of England yesterday held UK interest rates at 4.75% until at least next February. This follows two cuts to the interest rates this...
Israel bombs last functioning hospital in Gaza – working class must force TUC to...
THE ISRAELI regime intensified its relentless land and air bombardment of Gaza this weekend, including the bombing of the last functioning hospital in Gaza...
Nationalise All The Banks To Bring In A Planned Socialist Economy!
THE Tory Party has been driven to the brink of hysteria by the fact that the capitalist world banking system is on the brink...
Britain an economic ‘basket case’ – time to end capitalist crisis with Socialist Revolution
Yesterday, Roger Bootle, a senior advisor to Capital Economics, wrote in the Daily Telegraph an article headlined ‘Basket case Britain is back – and...
Politically bankrupt Starmer will seek to force the working class to pay for the...
LABOUR leader Keir Starmer’s speech at the TUC Congress yesterday spelt out precisely to delegates that this Labour government is determined to inflict all the pain...
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,...
Norfolk & Norwich NHS Trust – screwed by the PFI bandits
THE Octagon private sector consortium has been branded the ‘unacceptable face of capitalism’ by a House of Commons committee. MPs on the public accounts...
Cameron Threatens Eu With Bringing Forward Referendum
THE German magazine Der Spiegel says British PM David Cameron warned EU leaders that the UK could leave the EU if Luxembourg’s ex-PM Jean-Claude...
Smash the Bedroom Tax with a general strike!
A GRANDMOTHER, who because of the Bedroom Tax, had to pay an extra £20 a week, has thrown herself in front of a...
EU using rubber bullets and stun grenades against refugees!
AT the Idomeni crossing from Greece into Macedonia refugees are clashing with Macedonian soldiers and police, as they try to reopen the border near...
Soros backed ‘Fifth Column’ calls for second EU referendum – Workers must force the...
THE EU Brexit chief negotiator has declared that he is not prepared to compromise with the UK government over the decision of the British...
Palestinian Presidency Condemns The Killing Of Six Palestinians By The Zionist Occupiers!
THE Palestinian presidency has expressed its strong condemnation and rejection of the crime committed by the Israeli occupation forces in Jenin camp yesterday evening,...
Stand up to the bullying bosses with a general strike
THE ‘New Local Government Network’ was warning yesterday of a ‘tsunami of a public sector recession’ after the next general election when the just...
Revolution coming to North America!
THE continuing Egyptian revolution – in particular the determined occupations of Tahrir Square and the fearless struggle of Egypt’s workers for their rights...
Palestinians reaction to Israel’s onslaught has been to increase their support for revolutionary...
A NEW opinion poll shows that public support for the Palestinian resistance movement Hamas and armed confrontation, as the best means to end Israeli...
Workers of the world unite – provided you speak English
LABOUR Party leader Miliband spoke yesterday on Labour’s ‘One Nation’ approach to cultural diversity and integration insisting that admission to this select body is...
Housing crisis demands revolutionary solution
Yesterday, in a speech delivered in the Hertfordshire town of Stevenage, Labour leader, Ed Miliband, reiterated his pledge that the next Labour government would...
Shell bites the dust – forward to the political revolution
THE massive Royal Shell energy giant, which purchased the Sakhalin-2 concession for a song from Boris Yeltsin, was yesterday brought down to earth with...
Resistance has Obama on the run in the Middle East
UNITED States President Barack Obama made his first trip to Afghanistan on Sunday since he took office 14 months ago. The visit was aimed...
After Brexit, Forward To The European Socialist Revolution!
PRIME Minister May in her letter to EU President Tusk has described the invoking of Article 50 to begin the UK’s withdrawal from the...
Working class turns on the Blair-Brown gang
LABOUR suffered a net loss of 331 seats in local elections in England and Wales on 1 May. It also lost out to Tory...
Abbas backs Hamas – no ceasefire till blockade ended
PALESTINIAN President Mahmud Abbas has backed calls by Hamas for an end to the economic blockade of the Gaza Strip by Israel as one...
Anti-Russian Pogrom At The G20!
PRESIDENT PUTIN has left the G20 summit in Australia early after a relentless attack on Russia was mounted by the USA-UK axis and its...
Sharp increase in unemployment as bankers and bosses demand sick and disabled be driven...
YESTERDAY the latest unemployment figures were released by the Office for National Statistics (ONS) revealing that UK unemployment had shot up by 85,000 in...
Tory plans to ‘save’ British capitalism are nothing but a subsidy for the bosses
YESTERDAY Tory prime minister Theresa May announced a new era of state intervention to ‘save’ British capitalism. According to this strategy, selected sectors will be...
‘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...
Turkish Workers Rise Against Erdogan!
RELATIVES of around 150 miners, missing after the deadly mine explosion at the privatised Soma mine in western Turkey, are maintaining a permanent vigil...
Eurozone on top of revolutionary volcano
JUST when the eurozone bankers and capitalist class were congratulating themselves on beating the reformist Syriza government of Greece into submission, an even bigger...
It’s Trump versus the courts. Now is the time with the bosses split and...
A HUGE political crisis hit US president Donald Trump yesterday when a US federal trade court in New York ruled that most of his...
Chagos Islanders are determined to return to their homes!
NEXT week the British government will be hauled kicking and screaming before judges at the International Court of Justice (ICJ) in The Hague over...
Bank Of England Issues Warning – The UK Is Heading For A...
THE Bank of England has issued a warning that Britain faces a financial crisis that would see households battling against much higher borrowing costs...
Britain’s ‘Treasure Islands’ for the super rich – while it’s super austerity for...
THE ‘Panama papers’ leak of 11 million documents shows that the rich and infamous worldwide, including heads of state, are avoiding taxation...
Second Unite ‘Pause For Peace’ Equals Surrender Attempt!
THE Unite trade union leaders have declared their second ‘Pause for Peace’ in less than a week, in two fiercely fought industrial disputes –...
Bank of England to unleash hyperinflation in a desperate attempt to save capitalism
REPORTS emerged over the weekend that the Bank of England is on the verge of announcing another massive round of money printing to pay...
Anti-Brexit coup under way – ‘Country before Party’ means bringing in military police state!
WITH PM May seeking a miracle rescue by the EU getting rid of the backstop, in the real world a coup is being launched...
The Bank is preparing a housing catastrophe
HOMEOWNERS should prepare for interest rates of five per cent, a 1000 per cent leap from the current 0.5 per cent Bank of England...
British shoot to kill forces return to the North
THEY were withdrawn from the north of Ireland because there could not be a ‘peace process’ and a power-sharing regime while they were there,...
Prevent new ‘Catastrophe’ for Negev Bedouins!
THOUSANDS of protesters participated in large demonstrations in Haifa, Jerusalem and in the Negev on Saturday against the Israeli Prawer Plan to drive the...
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...