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...
Brown to rescue banks by slashing wages and jobs!
CHANCELLOR Darling has followed up his appearance before the bankers at the Mansion House on Wednesday night, where he pledged that wage rises would...
No secret talks! Reinstate the strikes! Sack Hayes and Ward!
THE CWU postal workers top leadership, Hayes and Ward, on Thursday called off the rolling strikes and suspended all strike action, except in the...
Sunak Gets Labour Cheers As He Mounts Perilous Rescue Operation For Capitalism!
CHANCELLOR Sunak received Labour cheers for his statement in parliament on Thursday, as the Tories fought to regain some popularity after the continuing exposure...
Housing bubble set to burst!
LAST week saw a concerted effort by the Tory-led coalition, aided by their friends in the bourgeois press, to deny that a catastrophic housing...
NHS A&E departmentsto be shut in scores
THE policy of the Labour government, as far as the NHS is concerned, is to hand over more and more of the NHS budget...
The split in the British ruling class is clearing the way for the British...
THE POUND was sent crashing down yesterday against the US dollar and the euro prompting the bourgeois press to howl about ‘the end of...
Student uprising spreads from US to UK and Europe – It is the spark...
THE explosive eruption of students in America against the genocidal war being waged by Israel in Gaza, with the full support of the capitalist...
White House interns demand Biden calls a permanent ceasefire in Gaza!
AS ISRAEL ramps up its war efforts to slaughter even more Palestinians in southern Gaza, in the US a group of White House interns...
Don’t raise rates Chambers of Commerce warns B of E
ON the eve of the Bank of England’s monthly Monetary Policy Committee meeting over the Bank’s interest rate, the British Chambers of Commerce has...
Capitalism on the brink of destroying humanity – World Socialist Revolution is the only...
CAPITALISM has dived into the abyss of a world crisis that threatens not simply trade wars but world wars on a scale never seen...
Free Joe Glenton! End criminal occupation!
DEMONSTRATIONS will be staged in eight different countries today, from Britain and the United States to Poland and Italy, demanding the release of British...
Tories defy court ruling and keep asylum seekers detained at Napier Barracks
IT HAS been confirmed that the Home Office is determined to keep the dilapidated and dangerous Napier Barracks open for a further four years. The...
Germany crashes into recession while EU banks face collapse – socialist revolution the only...
GERMANY, the EU’s biggest economy, has crashed into recession data revealed by the Federal Statistics Office last week showed. This was a blow to the...
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...
Royal Mail shares frenzy grips bankrupt bosses
TODAY is the official starting day of trading on the stock exchange in Royal Mail shares, a sell-off that has been greeted in the...
Imperialism planning new crimes in Syria
The UN mission in Libya has just voiced its ‘deep concern’ over the daily and murderous violence in Libya, where innocent people are now...
Imperialist ‘vulture funds’ plundering Africa
THE High Court in London was due to rule yesterday in the case of an American-owned investment fund suing the Zambian government to repay,...
It’s much later than Brown or Blair think
THE working class electors in the safe Labour seat of Dunfermline and Fyfe ignored the crisis at the top of the Liberal Democrats, so...
Black Friday mayhem in bankrupt UK
BLACK Friday came to the UK yesterday with scenes of chaos and mayhem in supermarkets up and down the country, scenes that came close...
Record Rise Of Public Sector Debt Means More Savage Cuts
THE Tory-led coalition’s public sector debt for November has shot up to £23.3 billion, £5.9 billion more than the figure for November 2009. It...
Liz Truss speech calls for ‘new’ party to wage class war against working class!
IT was almost exactly one year ago that the then Tory prime minister Liz Truss and her chancellor Kwasi Kwarteng delivered a mini-budget that...
Rich getting richer while the poor are getting poorer under Starmer’s capitalist Labour government
DESPITE all of the promises and the pledges made by Labour’s Sir Keir Starmer that he would improve living standards, the exact opposite is...
US Senate agrees $1.2tn ‘coronavirus stimulus’ – US and world capitalism heading for an...
THE US Senate finally agreed on a $1.2 trillion infrastructure bill. This huge sum was in fact just half of what Biden wanted –...
597 homeless deaths, 130,000 homeless children! Slum landlords and capitalism must be got rid...
FIVE hundred and ninety-seven homeless people died on the streets of Britain last year, up from 482 the year before – in fact homeless...
Nicholson warns huge debt crisis facing NHS after May 7
JUST retired NHS chief Sir David Nicholson CBE has left the NHS with a pension pot worth almost £1.9 million, after earning a basic...
Bring down Brown-Mandelson regime – forward to a workers’ government
YESTERDAY afternoon the PM’s office was leaking the speech that Brown is due to give to the TUC Congress on Tuesday. It stressed that if...
Unite Cuts Its Labour Party Funding. The Trade Unions Need A Revolutionary Party!
IN HIS speech to the Tory party conference on Monday, chancellor Rishi Sunak pledged to ‘use the overwhelming might of the British state’ in...
Chase Farm Closure Kills!
THE death of 2-year-old Muhammad Hashir Maveed last Wednesday is a tragic warning of the cost to human life that must inevitably result from...
TUC must be forced to call a general strike to defend the NHS
TODAY junior doctors launch four days of strike action throughout the NHS in England over the demand for a 35% pay increase to make...
Final report into Boeing crash shows bosses ignored warnings! Nationalise Boeing – the US...
THE FINAL report into the Boeing 737 Max air crash in October last year, in which 189 people lost their lives, was published yesterday...
France gripped by nationwide strike against Macron government!
FRANCE was gripped by a nationwide strike yesterday with schools closed and trains grinding to a halt as workers walked out in anger at...
Form public sector alliance to defend the NHS – Forward to a workers government!
THE just published survey of the NHS, carried out for the Royal College of Nursing (RCN) trade union, found that 90 per cent of...
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...
General strike to bring down Tories to end arming Israeli genocide
YESTERDAY, Israeli troops pulled out of Al-Shifa, the largest hospital in the Gaza Strip, after two weeks of brutal attacks that left behind a...
Smash anti-union bill!
YESTERDAY thousands of trade union members attended a rally and mass lobby of parliament called by the TUC in an attempt to – in...
Inflation Running Riot – Time To Put An End To Capitalism And Bring In...
THE TORY government is now presiding over huge increases in prices, the biggest increases in 40 years. A massive inflation is under way with...
UAW refusal to accept immediate wage cuts scuppers bail-out
THE $14bn (£9.4bn) bail-out deal for the Big Three US car giants has failed to get the support of the US Senate. Its refusal came...
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...
Palestinian Factions Meet To Decide On The Way Forward To The State Of Palestine!
THE Palestinian factions and forces held a meeting in the Qatari capital, Doha, on Saturday, to discuss the implementation of the Gaza ceasefire agreement...
Ukraine Attacks Belgorod – As China Warns Of Pacific War!
THE Belgorod governor has said shelling and strikes by imperialist supported Ukrainian forces continued on Saturday night after two residents were killed and thousands...
Two Years Since ‘Operation Protective Edge’
TWO years after Israel’s devastating invasion of besieged Gaza, human rights groups are expressing alarm over the lack of reconstruction and the lack...
Forward to the Greek Socialist revolution
SUNDAY’S general election in Greece saw the working class voting for Syriza, because of the lack of any revolutionary alternative, to keep the New...
Trade unions must reject Coalition attack on the unemployed and the poor
EX-ARMY officer Duncan Smith, the Coalition’s Work and Pensions Secretary, yesterday announced a Universal Credit to replace all benefits, and also ...
UK steel industry collapses!
YESTERDAY the Tory business secretary, Sajid Javid, convened an emergency summit meeting in Rotherham on the dramatic collapse of the UK steel industry. From the...