Dollar collapse puts bankers into a spin
THE dollar has continued to collapse against the other major capitalist currencies leaving the pound at its highest price against the dollar since Britain...
HSBC new ‘dirty money’ laundering allegations
THE HSBC bank, the biggest bank in Europe, says it is looking into allegations that it has set up a large number of offshore...
Nationalise BAE to defend jobs!
DEFENCE engineering giant BAE Systems confirmed yesterday that it is cutting a further 3,000 jobs at sites across the country, mainly in its military...
Workers Must Occupy Gm Luton And Ellesmere Port And Demand Their Nationalisation
NEXT MONDAY June 1 GM will seek Section 11 Bankruptcy, cutting off GM Europe with less cash than is required to see the week...
Blair’s generation of imperialist war
After President Bush has informed the world that 20,000 more US troops are to be sent to Iraq, and his Secretary of State, Rice...
Cameron crushed and out – now kick out the rest!
THE working class has delivered a crushing blow not just to Tory leaders Cameron and his chancellor Osborne but to the bankers and capitalists...
When The Victim Becomes The Criminal
STUDENT Alfie Meadows, who underwent an emergency brain operation after his head was broken by a police truncheon, when he was kettled during a...
Occupy Corus! No Sackings! Renationalise Now!
THERE were oceans of tears yesterday for the 1,700 workers who are to be sacked when Corus mothballs the greater part of its plant...
‘This is 1914 all over again’
THE architects of the Common Market, the forerunner of the European Union, freely admitted that they were seeking to carry out peacefully what Adolf...
Labour Must Renationalise Energy Giants!
CENTRICA, the UK’s biggest energy company, said yesterday that if Labour won the general election in 2015 and brought in an energy price freeze...
Blair Refuses To Name The Date
TONY Blair yesterday took advantage of the refusal of his political rivals, such as his policy co-thinker Gordon Brown and the trade unions, to...
US Unemployment Rises Along With Repossessions!
THE number of US workers signing up for unemployment benefits and leaving non-farming payrolls has risen sharply for the second consecutive week. The US Labour...
Revolution Throughout Europe!
WITH the EU’s bankers and bosses spurring him on, Greece’s ‘socialist’ leader, Papandreou, has vowed to tackle the country’s economic crisis and impose the...
Hague Beats The War Drums Against Syria
YESTERDAY saw the spectacle of Foreign Secretary Hague complaining that every Jihadist on the planet was heading for Syria, after both he and his...
GM strikers are fighting for all US workers
ABOUT 73,000 carworkers, members of the 600,000-strong United Automobile Workers (UAW) trade union, went on indefinite strike at 11am on Monday at General Motors’...
Crazy UK capitalism won’t dump disaster prone nuclear power
GUNTHER Oettinger, the EU’s energy commissioner, has compared the Japanese earthquake, tsunami and nuclear disaster – with its repeated explosions of nuclear material and...
NATO backs Turkish attack on Syria and the Kurds
NATO held an emergency meeting in Brussels yesterday to support Turkey’s military campaign, nominally against the IS, but in fact against the Kurds and...
Police prepare for ‘summer of rage!’
YESTERDAY the bourgeois media was full of the thoughts of police chiefs who are preparing for a ‘summer of rage’, and pointing to the...
Requiem For The British Economy !
GORDON Brown, the man who sold off a good portion of the British gold reserves for a relative pittance, and boasted that he had...
Army is ‘sick’ from Iraq & Afghan campaigns
ONE in every fourteen British soldiers, almost 7,000 are sick or injured at a time when every regiment of 600 faces a shortfall of...
British capitalism can afford wars but not benefits!
BOTH Prime Minister Blair and Chancellor Brown insisted yesterday, in support of Works and Pensions minister Hutton, that single parents must look for work...
British capitalism is stuck in the mire of slump!
THE UK’s public sector net borrowing hit a record high of £20.3 billion in November, official figures show. The figure was the highest for any...
20 per cent government cuts and wage-freezing being planned
THE moment of truth is fast approaching for British capitalism. The British capitalist economy is in its death agony with falls in production taking place...
US Seeking Long-Term Bases In Iraq
THE United States and its puppet Iraqi government are seeking to renew the UN mandate for Iraq for just one year, meaning that the...
To deal with MRSA – end NHS privatisation!
MRSA is now linked to nearly 1,000 deaths each year in NHS hospitals. There is no doubt that it is a product of the...
Fight slave labour bosses at Gate Gourmet and Irish Ferries
THE British and Irish trade unions are under serious and heavy attack at Gate Gourmet at Heathrow airport, and at Irish Ferries. At Gate Gourmet,...
Free Bradley Manning – The Exposer Of Imperialist Secret Diplomacy!
A MILITARY judge is expected to rule shortly on a request to dismiss all charges against the US soldier Bradley Manning, accused of passing...
US-UK imperialism has come to grief in Iraq
IRAQ’S election commission has barred almost 500 candidates and many parties from running in the ‘national’ elections on 7 March. A parliamentary committee says that...
Get out of Iraq – British troops get a last warning
THE raid on Iraq’s Finance Ministry compound on Tuesday, by a column of up to 50 heavily armed police officers, in pick-up vehicles, which...
De Menezes murder not a crime says state
THE current farce that is being played out, of trying a police death squad under the health and safety laws, is not only a...
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...
Ex–Blairite Short Reveals Blair Coup Against Cabinet
CLARE SHORT, one-time International Development Minister, revealed to the Chilcot Inquiry yesterday just how Blair, with the aid of Goldsmith, deceived the Cabinet and...
No Pensions sell-out! Sack Prentis and Barber! Forward to the General Strike! Build new...
THE reformist trade union leaders are once again, on the pensions issue, showing that they are organically incapable of defending the basic gains of...
Obama recognises the limits of US power
PRESIDENT Obama yesterday gave the go-ahead for a massive attack on the Afghan people in which tens of thousands of men, women and children...
Lagarde issues world crisis warning
CHRISTINE Lagarde, the chief of the IMF, warned the bosses and the bankers yesterday, in a speech in Japan, that the crisis is a...
Government overruled – Mau Mau legal action is to go forward
THE High Court yesterday rejected the disgraceful British government attempt to strike out the claims of Kenyan victims of British Colonial torture and terror...
Bush’s ‘Defining Hour’ Or When The Bell Tolls For Imperialism
BUSH opened his 2007 State of the Union speech with an open admission that his regime is facing defeat both at home and abroad....
‘Green Shoots’ – A Mirage Of Desperate Capitalists
THE European Central Bank is having nightmares about the state of the 25 banks that underpin the financial system of the Eurozone within the...
Scottish Power – huge profits and huge price rises
SCOTTISH Power has just reported a 95 per cent leap in its profits. It also warned its 5.2 million customers to prepare for a...
A Case Of Strange Bedfellows
THE Attorney General Lord Goldsmith has come back from the US convinced that the Labour government must change its position against the use...
Brown Speaks To His Cbi Constituency
YESTERDAY Gordon Brown attempted to revive his political credibility, severely damaged after the Northern Rock and Child Benefit details crises by delivering a speech...
Gold Shooting Upwards As The Dollar Plunges!
THE price of gold hit a record of 1,111.20 dollars an ounce in trading in London on Monday, as the dollar weakened after a...
Bush and Blair’s ‘democratic Iraq’
PRESIDENT George Bush is due to meet with his puppet Prime Minister of Iraq, Maliki, in the Jordanian capital of Amman, to discuss Bush’s...
Blair jeered, and Gordon Brown condemns walk-out delegates
YESTERDAY Premier Blair could not raise a single clap for his answers to questions about his privatisation drive in the public sector, in the...
No to a Barber sell-out – It’s trade union action that’s required!
THE TUC announced on Saturday that ‘Royal Mail and the CWU have in recent days been in contact with the TUC over the current...