World banks on verge of collapse – forward with world socialist revolution
WHEN one of the biggest banks in the world is forced to publish an open letter to staff, investors and depositors that, contrary to...
British Imperialism Hits The Rocks! Time For Workers To Despatch It To The Dustbin...
CRISIS-RIDDEN British imperialism, split over whether to serve the European Union or the United States, is now like a ship without a rudder, and...
Former BoE Governor calls on China to abandon ‘zero-Covid’ strategy to save global capitalism!
THE FORMER Bank of England Governor Mark Carney yesterday warned that China’s ‘zero-Covid’ strategy is ‘at risk of derailing the global economy and driving...
Crisis-ridden US capitalism driven towards war
US capitalism really has got its back to the wall, and has somewhat lost its balance, when its Treasury Secretary, Geithner, says that he...
Working class is more powerful than right wing mobs and the state police –...
WEDNESDAY night was promoted as the night the right-wing mobs would take over the streets of Britain, burning Mosques and hotels that have housed...
Derisory increase in minimum wage wiped out by inflation!
APPROXIMATELY 2 million low paid workers will be covered by the increase in the national minimum wage that came into effect yesterday. Under this increase...
‘Let them go bust’ says Bank of England chief
THE governor of the Bank of England, Mervyn King, in a letter to the House of Commons Treasury select committee has warned that efforts...
Ukraine faces more savage austerity and cuts to qualify for IMF ‘aid’!
UKRAINE’S central bank has sharply raised interest rates from 19.5% to 30% in an effort to curb inflation and prop up its beleaguered currency...
Major tax rises are on the way. Bring down the Labour government and bring...
‘TAX rises are inevitable’ warned economists yesterday, barely 12 months after Labour’s election pledge of ‘No tax rises’. This is after PM Keir Starmer’s...
Call an all-out strike to defeat fire and rehire at Heathrow – build new...
TODAY, members of the Unite union at Heathrow Airport Ltd (HAL) are out on strike over the ‘fire and rehire’ of 4,000 workers on...
Down with the EU – Forward to the Socialist United States of Europe
A VERY senior US official, Michael Froman, has warned Britain against leaving the 28-nation European Union saying such a move would cost London economically. Froman...
Duncan Smith – Coalition Slave Master
THE Coalition’s Duncan Smith, an ex-army officer, is proposing to discipline the unemployed with forced slave labour, as part of the Coalition’s plan to...
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...
Labour’s Budget seeks to dump the British bosses’ debt crisis onto the backs of...
ON Wednesday October 30, Labour chancellor Rachel Reeves is due to deliver the first Autumn budget by Starmer’s government. The ground work for this budget...
Heseltine joins Blair’s campaign for an anti-Brexit uprising!
LORD Heseltine is notorious for his closure of the mining industry in 1993, as Secretary of State for Trade and Industry in the Major...
Abolish PFI and contract cleaners to stop NHS bugs deaths
THE number of deaths linked to the hospital bug Clostridium difficile has outstripped those due to MRSA. Deaths involving Clostridium difficile rose by 69 per...
Junior doctors will vote to reject rotten Hunt-BMA deal!
THE BMA leadership have allowed themselves to be taken for a ride by Health Secretary Hunt! The government that imposed provocation after provocation onto the...
Support the Junior Doctors with a general strike!
20,000 junior doctors, medical students, health workers and supporters marched in central London yesterday. As well there were well attended marches in Belfast and...
Starmer calls for ‘coalition of the willing’ as world capitalism tears itself apart
LABOUR prime minister Keir Starmer addressed Parliament yesterday reporting on the emergency defence summit of European leaders he’d convened in London at the weekend. This...
Smash The Anti-Union Laws!
THE RMT has called off its Network Rail strike action of signal workers after the judiciary declared it to be illegal, using the ruling...
Live8 won’t comment on ‘don’t attack Bush’ line
YESTERDAY the PR company representing Live8, LD Publicity, refused to deny media allegations that Bob Geldof, the Live8 movement’s leader, had a soft spot...
BA CRISIS – no to sackings and wage cuts – Renationalise!
BRITISH Airways has decided to cut 1,700 jobs and introduce a two-year pay freeze for cabin crew. It also intends to discuss wage cuts...
Trade unions must call a general strike to stop Tories ending all Covid restrictions
YESTERDAY, Tory Prime Minister Boris Johnson announced the ending of all remaining Covid restrictions in England this week. The Tories’ ‘Living with Covid’ plan means...
Smash Privatisation – Renationalise!
THE privatisation of the railways has been a complete disaster and for the families of those killed in rail crashes it is a disaster...
Blair convinces nobody with his education market
YESTERDAY saw the Prime Minister seeking to reinvent himself as the champion of the people and a supporter of ‘social justice’. Speaking in...
Heroic Iran Breaks US Blockade Of Venezuela As Its Oil Tankers Enter Venezuelan Waters!
ON SUNDAY, the Iranian embassy in Caracas posted a video of the first Iranian oil tanker arriving in Venezuelan waters. ‘The first Iranian tanker...
Tory legislation to save capitalism through bringing in a police state
THE TORIES set out their plans to get the collapsing British capitalist economy ‘back on track’ in yesterday’s Queen’s Speech marking the opening of...
Lift the ban on the Tigers – Stop the massacres of Tamils
SUPPORTED by the US, the UK and India the Sri Lankan army is bombing and shelling Northern Sri Lanka in a frantic, ruthless and...
Nationalise British Gas! Bosses Are Making Billions Out Of The Crisis As Millions Go...
BRITISH Gas’ owner Centrica has posted huge profits after oil and gas prices soared last year as the US and the UK stoked up...
Capitalism Is On Its Knees – Time To Organise World Socialist Revolution!
THE UK’s Oxfam said yesterday that Israel has already destroyed more than 80% of the water and sewerage networks in the Gaza Strip, leading...
World’s Stock Markets Set For Financial Crash!
IT was reported yesterday that a survey of the top professional ‘money managers’ revealed that these investment experts believe that the world’s leading stock...
War criminals meet in Brussels
THE imperialist criminal states – who supported the war on Iraq in 2003, the Security Council-backed NATO onslaught on Libya in 2011, and then...
Israel Shaken By Syrian Missile Defences Success!
THE ISRAELI ruling class has been shocked by Syrian missile defences being able to, and Syria having the audacity to, shoot down a US-supplied...
Brown’s empty words cannot hide he is the bankers’ man
‘I want to talk to you about a new settlement for new times. A fair Britain for the new age. . . my unwavering...
Action Needed Now Over Housing Crisis!
HOMELESSNESS among households in England has risen by 54 per cent since 2010 – rising annually every year – shows the latest report by...
Smash Royal Mail privatisation!
THE arrogant Tories have announced that the sell-off of Royal Mail is to begin in just weeks. The announcement comes days after the ending of...
The Great Pension Robbery – Contributions have tripled! This government must go! Call...
MILLIONS of workers, as of yesterday, have been hit for six. The amount that comes out of their wages in pension contributions now...
Unite votes for speed-up and savage cuts at GM Vauxhall
THE Vauxhall-Opel GM bosses statement put out yesterday claimed as its subject: ‘Vauxhall and Opel employees dive into their pockets to support the company...
Putin’s speech confirms the bankruptcy of the Stalinist bureaucracy
RUSSIAN president Vladimir Putin opened his annual State of the Nation address on Wednesday by highlighting that Russia has been able for the first...
Banks learnt nothing from the 2008 crash as world debt and UK credit card...
RBS, still over 70% state-owned, is the worst prepared of the UK’s biggest banks to cope with the next financial crisis, a crisis which...
The Deputy Prime Minister resigns, but the May government is allowed to continue!
ON WEDNESDAY PM May was finally forced to sack her Deputy Prime Minister Damian Green following an inquiry by officials from the Cabinet Office...
With inflation set to quadruple, the working class must take action to defend...
UK inflation will quadruple to about 4% in the second half of next year and cut disposable income, the National Institute for Economic and...
General strike now to stop destruction of the NHS!
NHS HOSPITALS are facing an immediate cut of £1.6 billion, with the government ordering NHS Trusts to ‘balance their books’ by making cutbacks and...
UK bans Chinese ambassador to step foot in Parliament! The enemy is at home...
THE UK government stepped up its war with China this week when it took the decision to ban the Chinese ambassador to the UK...
Greek contagion hits Italy and the US
Today the leaders of the Eurozone will be meeting once again in a desperate attempt to try and stop the collapse of the euro...