Northern Rock sold at a loss as dictatorships rule in EU!
NORTHERN Rock (NR) plc is being sold to Virgin Money by the coalition government for £747m. After Northern Rock was nationalised in 2008 it...
Declare the Palestinian state!
LAST Tuesday night it was confirmed by the United States that its much-vaunted ‘peace’ initiative over Palestine had collapsed. The State Department was forced to...
Crisis deepens as shares crash worldwide!
THE International Monetary Fund (IMF) has raised its concerns about Spain’s economy, saying ‘far-reaching’ reforms are needed to ensure its recovery. It said the country...
Osborne decrees huge wage and benefit cuts for the public sector and the poor
CHANCELLOR George Osborne in his Autumn statement was forced to admit failure, that his policies were not working and that he had been forced...
Field cuddles up to Cameron while Tories plan to end free NHS care
JUST days after the failure of the Hoon-Hewitt attempt to remove Gordon Brown as premier, one of Labour’s leading right-wingers, Frank Field, yesterday...
Bury bankrupt capitalism – forward to socialism
SUNDAY marked the fifth anniversary of the biggest banking collapse in the history of capitalism to date. On 15 September 2008 Lehman Brothers, a massive...
Care Homes Crisis
FOUR Seasons Health Care, the largest provider of care homers for the elderly in Britain, has announced that it is going bust, losing £26...
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...
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...
Putin defies Trump – Time to Build 4th International – Forward with World Socialist...
THE peace talks between Russia and the Western powers represented by Donald Trump have hit the buffers with an almighty bang after Russia refused...
Tories crushed in by-elections – TUC must take action now to bring them down!
THE TORIES have been smashed by two huge by-election defeats, in a couple of their ‘safe’ seats, Mid Bedfordshire and Tamworth, where their large...
Chancellor Brown To Scrap Pensions Deal
EX-CBI bosses leader Lord Turner’s report into the future of pensions – commissioned by the Blair government – is due to be published on...
Scavenger Hague Leaps Into Ukraine Conflict
THE British Foreign Secretary Hague tweeted his support for the ‘new Ukrainian government’ on Saturday midday along with his German opposite number. However, there...
Time for Labour and the trade unions to put the Tories out!
THE Tory party leadership is now breaking apart at the seams with information about the leadership battle being leaked by the different contenders and...
Answer Tory racist deportation offensive with a general strike!
THE TORY policy of creating a ‘hostile environment’ for the Windrush Generation – the thousands of men, women and their children that came over...
Free Assange and Manning! The imperialists must be put on trial for ‘war crimes’!
BRITISH police entered the Ecuadorian embassy in central London on Thursday, which is technically Ecuadorian territory, arrested WikiLeaks founder Julian Assange, the Australian who...
Brown’s compromise encourages Catholic reaction
GORDON Brown says Labour MPs will have a free vote on three ‘controversial parts’ of his embryo research Bill, thus giving way to the...
Bring Down The Tories – Abolish Universal Credit – Forward To A Workers Government...
IT has become crystal clear that the Universal Credit system equals universal misery for the growing masses of the working poor in the UK. As...
UK Pirates Plan Somalia Onslaught!
YESTERDAY, a conference was convened in London to organise the intervention into Somalia by imperialist forces, led by the UK, acting under the cover of...
Asbestos: capitalism’s silent killer still killing workers and children!
WHILE the tragic death of 72 people in the Grenfell inferno threw an immediate spotlight on the criminal disregard of capitalism for human life,...
Bank of England warning that world stock markets on the verge of crash!
The Bank of England yesterday warned that the capitalist financial markets are at risk of ‘sharp correction’. In its latest financial stability report the Bank...
Israel’s finance minister orders preparations for the Israeli annexation of occupied West Bank
ISRAEL’S extreme right wing finance minister, Bezalel Smotrich, on Monday ordered preparations for the Israeli annexation of the occupied West Bank ahead of Donald...
Stock Markets crash and the bosses panic after Trump pledges 50% tariffs on Canadian...
FEAR gripped the stockmarkets yesterday after Donald Trump first of all threatened to double tariffs on imports of steel and aluminium from Canada to...
Capitalism offering only poverty and war to working class and middle class
FALLING incomes will mean the biggest drop in living standards for middle-income families since the 1970s, when the Yom Kippur war resulted in the...
Right wing getting ready to split the Labour Party!
THE hysterical witch-hunting of Jeremy Corbyn that is being carried out by the bourgeois media, marshalled by Labour’s right wing pro-Tory rebel MPs, is...
Britain’s national debt has tripled – as the UK economy breaks down – nationalisation...
THE British National Debt has almost tripled in the period between 2005 and 2025, outpacing all the other major capitalist states. Britain now has a...
Socialist revolution is the only answer to the ‘economic tsunami’ swamping capitalism!
THIS week, forecasts for the increase in household energy bills were dramatically increased to over £4,200 for an average UK household in January next...
ECB takes desperate measures to try and stop EU economic collapse
LAST Thursday the European Central Bank (ECB) abandoned its previously proclaimed policy of ending free money handouts to the banks through quantitative easing (QE)...
New Curriculum abolishes childhood
THIS week, children and young people return to school in England where they face being subjected to a new education curriculum devised by the...
The Banks Are All Northern Rocks!
TEXAS PACIFIC GROUP’S decision to cut and run, taking with it the £179 million that was to be used to buy 23 per cent...
Obama tries to put a sticking plaster over the gaping wounds of US capitalism
US President Barack Obama has hailed the deal reached with the Republican Party to avert a ‘fiscal cliff’ of huge tax rises and spending...
Starmer’s Labour regime must be replaced by a workers’ government
Sir Keir Starmer is set to become the UK’s first Labour prime minister since 2010 after his party’s landslide general election victory. Labour is...
Saudis Execute Shia Leader In Major US–UK Backed Provocation!
THE Saudi autocrats, the major ally of the US and the UK in the Middle East, alongside Israel, have just thrown barrels of petrol...
Recall TUC to demand an indefinite general strike to kick out the Tories
At its annual conference yesterday, the leaders of the National Education Union (NEU) reported that the latest Tory pay offer was rejected by an...
Fed raises rates, as US bankers resolve to make the world pay for their...
THE US Federal Reserve has raised interest rates by 0.25 of a percentage point – its first increase since 2006. This is after years of...
With stockmarkets crashing it is time to smash capitalism and go forward to world...
AMID world stock markets crashing, and the head of the IMF revealing she has ‘sleepless nights’ over the dangerous risks of collapses in the...
Tory racist attack on
34,000 FOREIGN students have had their visas cancelled and over 1,000 have been kicked out of the country as a result of the racist...
Corbyn On The Ballot Paper – Another Defeat For Labour Right Wing!
THE decision of the Labour Party NEC in a secret vote, by 18-14, for Labour leader Corbyn to go forward onto the leadership ballot...
Tesco & Next Make Bryant Run
THE shadow minister for immigration, Bryant, yesterday ran away from confronting Tesco and Next over employing migrant workers at reduced wages in place of...
OBAMA READY FOR MAJOR STRIKE ON SYRIA, SAYS McCAIN
US SENATOR and former Republican presidential candidate John McCain has warned that a Congressional vote against military action in Syria would be ‘catastrophic’. He also...
Britain’s economy broken says Archbishop – as he worries about the British revolution!
THE Archbishop of Canterbury, Justin Welby, has blurted out the truth that has been more than obvious for a number of years to millions...
Trump’s ‘war on two fronts’ against ‘millions of illegal immigrants’ at home...
THE US military is sending an additional 1,000 troops to the Middle East as it builds up war tensions to try to intimidate Iran...
For A Nuclear Bomb Free Middle East
IRAN took a calculated risk yesterday when it reached an agreement with the US and its allies that it would allow extensive and exhaustive...
US and South Korea ‘pour gasoline onto the fire’ says North Korea
THE US and South Korea have begun conducting annual military drills, ignoring North Korean appeals to halt the exercises. Last week North Korea appeared to...
India’s Farmers And Workers Are On The March To A Socialist Revolution!
INDIA’S farmers have launched a nationwide general strike against new capitalist laws creating agricultural markets, which they rightly say go against their interests and...