Sunak promises bankers unlimited profits while Haldane warns of economic collapse!
ON WEDNESDAY Andy Haldane, outgoing chief economist at the Bank of England (BoE), delivered a message of doom for the British economy in a...
Wages still being slashed by price rises!
THE CPI rate of inflation fell to 1.5% in the year to May 2014, down from 1.8% in April, according to the Office of...
Truss Condemns Any ‘Windfall Tax’ On Oil Company Profits Saying ‘Profit Is Not A...
TORY PARTY leadership contender Truss has defended the billions of profits being made by the energy companies amid the soaring price rises that are...
A Capitalist Nightmare Confronts The Bosses As Economic Collapse And Revolution Nears!
THIS week the Daily Telegraph has published a supplement ‘The Investors’ Handbook 2020’ subtitled: ‘Rising protectionism, negative interest rates, equity bubbles, debt mountains, trade...
Imperialist aggression is the roots of terrorism
PRIME Minister Blair yesterday said that there is to be more new repressive legislation, on top of the huge powers that the government and...
Putin wants to collaborate with imperialism, not overthrow it
THE New York Times has just printed a letter from the Russian President, Vladimir Putin, which he described as a direct address to the...
Labour set to cave in to the bosses and ditch minimum wage rise for...
YOUTH are bearing the brunt of unemployment according to new Office for National Statistics (ONS) figures released this week. According to the ONS figures, unemployment...
High Court rules Tory laws on use of agency workers to break strikes is...
THE Tories suffered a setback yesterday in their drive to legalise strike breaking when the High Court ruled that its agency worker regulations are...
11.7 million unemployed as British capitalism collapses – socialist revolution the only answer
AS MANY as 11.7 million people will be thrown out of work – either through being furloughed or simply being sacked – in the...
Trade Unions Must Fight For Chagossians’ Right To Return!
SAAD Iqbal Madni, was kidnapped by the CIA while visiting relatives in Indonesia. He was then transited through the British colonial possession of Diego...
Sustainability & Transformation Plans mean NHS cuts and privatisation! Kick the Tories out!
THE TORY government has launched its new offensive in the war against the NHS, and this time it is an attack by stealth. Sustainability and...
Only Gold Is Money, The Rest Is Paper Masquerading As Money
WEDNESDAY’S announcement by the German central bank (Bundesbank) that it was going to physically repatriate its vast gold holdings from New York and Paris...
Greek vote provokes revolutionary crisis
YESTERDAY''S Greek presidential vote heralds the start of a fresh eurozone crisis that threatens to bring down the Eurozone and with it the whole...
Hamas urges workers of the world to take action and salutes the growing mass...
IN A statement issued on Friday to mark International Jerusalem Day, Hamas declared that the occasion arrives this year as the Palestinian people steadfastly...
Entente Cordiale Is Binned As The UK Backstabs France Which Vows To Form A...
IT HAS emerged that the AUKUS security pact between Australia, the UK and the US, to supply Australia with nuclear submarines was agreed in...
Time For Action To Smash The Health Bill!
DOCTOR Peter Carter, general secretary of the Royal College of Nursing (RCN), has admitted that despite every attempt to co-operate with the coalition government,...
Labour splits apart as MPs turn on Starmer
STARMER’S government is splitting apart, as Labour MPs turn on the prime minister, accusing him of creating a ‘toxic culture’, after the latest development...
Greek crisis rages – forward with European socialist revolution
European finance ministers met in Brussels yesterday to rubber-stamp the deal agreed at the last minute last Thursday to bail-out the bankrupt Greek economy...
All out behind the firefighters
Today, the London FBU are staging the first of two eight hour strikes against the plans to sack the entire workforce of over 5,000...
TUC leaders must bin Johnson’s empty pledges and call a general strike to bring...
PM JOHNSON’S Tory conference speech was completely empty bombast that sought to cover over the economic catastrophe that is developing throughout the capitalist system...
Build councils of action to support the postal workers
‘THIS has been the best-supported strike I’ve ever seen,’ CWU General Secretary, Billy Hayes told striking postal workers in Peckham yesterday. This was after the...
Brown’s Britain = super-exploitation and death for workers
GORDON Brown is now infamous as the friend of the equity capitalists who, thanks to him, pay no taxes, while he insists that the...
Tories refuse any measures to limit Covid deaths – Kick them out, and bring...
COVID restrictions must immediately be reintroduced if England is to avoid ‘stumbling into a winter crisis’ Matthew Taylor, head of the NHS Confederation, has...
Stock markets are crashing – workers must take action to get rid of bankrupt...
STOCK markets in Europe fell in early trading yesterday morning, following on from an overnight collapse in Asian markets just ahead of the Trump...
Imperialist drive to war with Russia takes leap forward
THE war preparations by the imperialist nations against Russia took a giant leap forward this week with NATO and non-NATO troops massed in north-western...
Corbyn must stand fast, remain LP leader and demand a general election NOW!
ON June 23, the masses of the working class rose up and crushed the Cameron leadership of the Tory party by voting to leave...
Israel calls for the US to take action against Syria
SYRIA yesterday condemned the UN report into the assassination of the former Lebanese Premier, Hariri – a report which pointed the finger of blame...
Brown wants to form a Blairite government
CHANCELLOR Gordon Brown has confirmed to the BBC that he will run a Blairite administration if he becomes prime minister. He said that...
Only one solution to the death agony of capitalism: bury it now with...
EVEN sections of the bourgeois media, and the bourgeoisie that it represents, were yesterday able to describe the appearance of the current world...
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...
Benn Forecasts Coalition Government
LABOUR Party left winger Tony Benn yesterday raised that Tony Blair and David Cameron could serve in each other’s cabinets and the possibility of...
US AND EU SLUG IT OUT AT 55th MUNICH SECURITY CONFERENCE!
THE just-concluded 55th Munich Security Conference saw the conflict between the US and the EU break out openly and venemously. German Chancellor Merkel and other...
McDonnell wants a corporatist deal with the capitalists!
SHADOW Chancellor McDonnel’s speech to the Labour Party conference was remarkable for its lack of treatment of the crisis of capitalism. He focused...
Obama Prepared To Bomb Syria!
US President Barack Obama outlined his long-awaited ‘strategy’ on Wednesday night to ‘degrade and ultimately destroy’ the Islamist group ISIL that has established an...
Scrap the Public Private Partnership on the tube
METRONET, the Public-Private-Partnership (PPP) within London Underground, has collapsed financially after years of failure to provide services required by the capital’s transport system. It...
Karzai To Release Prisoners From Bagram’s G-Bay Jail
WASHINGTON has expressed concern about a plan by the Afghan government of President Hamid Karzai to release scores of prisoners considered by the US...
Brown cuts workers’ pay to underwrite the bankers
YESTERDAY was an historic day, with Prime Minister Brown pledging to bail out the banks. At the TUC Congress, Labour Party leader Brown told...
US-UK rescues ISIS fighters from Raqqa – no doubt they will now be sent...
PM MAY made crystal clear yesterday that Russia is the main enemy of crisis-wracked UK imperialism. In fact, Tory newspapers have been making it...
SHADOW OF 1930s HANGS OVER BROWN-MERKEL SPLIT
GERMANY’S Finance Minister Steinbruck yesterday attacked the Gordon Brown policy for saving the bankers and capitalists from the crisis, as recklessness itself. He described Labour’s...
Starmer Pledges A ‘Blairite On Steroids Government’ To Smash The Unions For...
FORMER State Prosecutor Starmer, who has worked tirelessly to keep whistleblower Julian Assange in jail, has given advance warning of just what he intends...
US Federal Reserve is too scared to raise interest rates!
ON Thursday evening, the US Federal Reserve policy committee decided yet again that it did not dare to raise interest rates by a fraction...
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...
Grenfell survivors want jail sentences for those responsible for the fire!
LAWYERS for victims of the Grenfell fire have indicted the Royal Borough of Kensington & Chelsea council, which owned the Grenfell tower block, and...
Tories In Biggest Ever Crisis! Force TUC To Call General Strike To Boot Them...
THE TORY Party is now in its biggest ever crisis, after the Chancellor of the Exchequer and the Health Secretary both resigned on Tuesday...
Darling Outlines Cuts For All – Except The Bankers And Bosses
THE price of gold has touched $1,000 an ounce for the first time in six months, more than three times greater than what it...