Giant investment companies dump shares as world banking crash looms
Testifying to MPs at the Treasury Committee yesterday, Andrew Bailey, governor of the Bank of England, issued a sharp rebuke to Labour chancellor Rachel...
‘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...
Irish TUC mass demo puts Barber and Woodley to shame!
120,000 trade unionists and their supporters, including over a hundred workers who are part of the occupation of the Waterford Crystal plant, marched through...
Rates On Hold As Economy Folds!
UK interest rates were kept on hold at 0.5% yesterday, the 26th month in a row that the Bank of England has left interest...
A general strike to kick out the Tories and bring in socialism will end...
THIS WEEK, the boss of British Gas, Chris O’Shea, sent letters to 7,500 of its service engineers informing them that on Wednesday 14 April...
No end to austerity under the Tories – workers must act to kick them...
TORY Chancellor Philip Hammond delivered not so much a Spring Statement to parliament yesterday as a half hour of self-congratulation and boasting about how...
British capitalism is in its death agony – working class must put it out...
TORY Prime Minister, Liz Truss, unveiled her package of measures to deal with the cost-of-living crisis yesterday. Her ‘bold’ new plan was nothing more...
As Putin, Merkel, Macron And Erdogan Talk Peace In Istanbul, Israel And The...
As Putin, Merkel, Macron and Erdogan were meeting in Istanbul on Saturday evening to discuss the future of Syria, Israeli planes were bombing Gaza...
Raising the white flag over Basra airfield
THE rotting reality behind Prime Minister Gordon Brown’s spin concerning the ‘reconfiguration’ of British troops in southern Iraq is the complete demoralisation of the...
Labour Slashes Welfare Benefits To Make The Poorest Pay For The Capitalist Crisis!
LABOUR CHANCELLOR Rachel Reeves made further cuts to welfare benefits and government departments in her Spring Statement yesterday. The government announced big welfare spending reductions...
US-UK bullies threaten war with Iran!
THE Tory Defence Secretary, Philip Hammond, declared the UK’s readiness to go to war with Iran last Thursday when he threatened that UK and...
To rid the world of coronavirus capitalism must be overthrown and replaced by socialism
AMERICA, the wealthiest capitalist country in the world, on Wednesday recorded its highest daily level of Covid deaths with 3,157 new deaths recorded. This exceeds...
Forward to a public sector general strike to smash Brown’s wage cutting policies
GMB members working in the NHS yesterday voted by over 96% to reject the 2008 pay offer in a consultative ballot on the government’s...
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...
Hayes & Ward must go! Build a new leadership in the CWU!
AS 2,000 postal workers were gearing up for a 24-hour strike on Friday against Royal Mail’s plans to close mail centres, Dave Ward, the...
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...
Pakistan’s creeping coup being organised by the US
A FEW weeks ago President Obama announced 30,000 extra US troops for Afghanistan. Now the US has given its full support to President Karzai of...
May Called And Lost ‘Snap Election’ – Now Drive Her Out Of Office!
THE Tory Party has now suffered its second self-inflicted disaster in just under a year. On June 23 2016, it lost the EU referendum that...
Standard and Poor puts a pistol to the head of the eurozone
GERMAN Finance Minister, Wolfgang Schaeuble has said Standard & Poor’s (S&P) threat to downgrade all eurozone countries, and saddle them with ruinous interest charges...
Oldham stuns Tories as workers reject ruling class invitation to destroy Corbyn!
THE Oldham by-election did not go according to the ruling class-Tory script. There was no collapse in the Labour vote. Corbyn was not sacked...
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...
Dont Talk To Israeli Leaders Say Palestinian Youth
OVER the past two days, Palestine National Authority security forces have been using force to try to prevent peaceful demonstrations of Palestinian youth opposing...
Victory to the Palestinians; forward to the Palestinian state; drive imperialism out of the...
FIERCE clashes are continuing between Israeli forces and Palestinian youth organised in Popular Committees across all of the West Bank districts. The Palestinian Red Crescent...
Bank of England warns global financial crash is coming!
Last week, the Bank of England issued another of its increasingly strident warnings that a ‘sudden correction’ in the value of major technological companies...
Ruling Class Targets The Political Levy
THERE has been a frenzied hue and cry raging for weeks now over the minor mistakes of Labour cabinet ministers over relatively minor...
Forward With The European Socialist Revolution!
ON MONDAY in the House of Commons, ex-Labour Home Secretary Jack Straw rounded on the government stating: ‘Instead of sheltering behind complacent language and...
Nato Murders Civilians In Tripoli Air Strikes
IN another night of terror, murder and horror NATO, allegedly making war on Libya to protect civilians from air attack, has been murdering...
Tory government responsible for thousands of unnecessary deaths – time to kick them out!
YESTERDAY marked the 10th anniversary of the BBC Panorama programme that exposed the shocking treatment of the patients at Winterbourne View, a private hospital...
Don’t be foolhardy – Bush urges Chinese Stalinists
PRESIDENT George W Bush on Wednesday said China would be ‘foolhardy’ to push down the dollar in retaliation for the massive US pressure...
Tory war on two fronts – against the working class at home and...
LAST week Tory Chancellor Rishi Sunak unveiled the Tory offensive against the rights, conditions and wages of every worker. This is the strategy behind the...
Recession-hit UK and EU diving into economic crash while Trump declares trade war on...
Yesterday, the Confederation of British Industry (CBI) issued a warning to Labour’s chancellor Rachel Reeves that growth expectations amongst UK companies have taken ‘a...
BA getting ready for mass sackings
THE capitalist press yesterday was full of revelations that the new BA boss, Willie Walsh, recruited after making savage cuts at Aer Lingus, is...
Inflation rips through Europe as working class rises up over wages
EMPLOYEES at the European Central Bank (ECB) are the latest to join workers across Europe in demanding wage increases to meet the spiralling inflation...
US insists on direct talks as Israel refuses to halt settlement building
PRESIDENT Obama has summoned the Palestinian Authority leader, Abbas, and Israel’s Prime Minister Netanyahu to Washington for talks beginning on September 2, to resolve...
Blair Demands More Police State Measures
AT A TIME when his office is on trial over the state execution of Jean Charles de Menezes, Metropolitan Police chief Sir Ian Blair...
Save the NHS by bringing down the Tories and expropriating the bosses and the...
THE NHS is the greatest of the gains that the working class made in the period immediately after the Second World War. It was brought...
Hamas fighters deal heavy blows against Israel, while Gaza masses remain undefeated!
MORE than 700 Palestinians have been killed by Israeli air strikes on the Gaza Strip over the past 24 hours, the Hamas-run health ministry...
UNIONS must purge Labour Party of Brown and the Blairites
AFTER the Labour party defeat at Glasgow East, one of the safest Labour seats in the country, the Prime Minister Gordon Brown has stated...
Make the TUC call a general strike to bring down Labour and to bring...
DESPITE Labour’s election manifesto pledges and repeated promise of ‘No tax increases’ on income, National Insurance or VAT, Chancellor Rachel Reeves is planning a...
New Espionage Act under way to jail journalists and whistleblowers
THE Tory government is set to introduce a new Espionage Act under which its judiciary will be able to jail journalists and ordinary members...
UK military torn apart by ‘internal warfare’
THE ARMED wing of the British capitalist state is being torn apart by ‘internal warfare’, according to a report in yesterday’s Daily Telegraph. This major...
100 Million Nigerians live on less than $1 a day – despite Nigeria’s vast...
THE numbers of Nigerians living in poverty, in the midst of vast oil riches, has risen to nearly 61 per cent. Poverty has risen sharply...
Iran Is Not The Villain Of The ‘Nuclear Threat’
PRESIDENT Obama made it crystal clear in his 11.45pm Saturday night address, over the just-signed six-month interim nuclear agreement with Iran, that he is...
Labour supports Tory law to give police ‘near total discretion’ to outlaw protests
Police will have ‘near total discretion’ to ban protests, according to leading human rights lawyer Adam Wagner. ‘Secondary legislation’ introduced by the Tories in parliament...
Junior Doct0Rs’ Struggle Is Not Over – Reject Barber’s ‘New Contract’
JOHAN Malawana, the Chair of the Junior Doctors Committee, addressing the BMA annual conference in Belfast, told delegates that: ‘This was the year when...