Majority of world banks ‘not economically viable’ according to report
THE INTERNATIONAL management consultancy firm McKinsey & Company has published a global banking review which found that the majority of banks worldwide ‘may not...
Gaza has 45.2 % unemployment – Greek youth unemployment is 45%!
GAZA’S unemployment rate is among the world’s highest, at 45.2%, the UN has found. The territory continues to be blockaded by Israel, while the...
US to declare Iran’s Revolutionary Guards a terrorist movement
THE US yesterday raised tensions considerably between itself and Iran by declaring that the main body of armed men maintained by the Iranian...
Kick out the Tories, abolish academies and free schools to defend free state education
TEACHING unions yesterday published a report detailing the effects of the Tory policy of slashing public spending on schools – increased class sizes across...
Grenfell Tower Deaths Were Avoidable – Time To Nationalise The Banks And Building Industry!
THE Grenfell Tower fire that killed 72 people was the result of ‘dishonest companies, successive governments, and a lack of strategy by the fire...
Workers will not get any ‘new deal’ from the Tories! Make the TUC call...
THE WINDRUSH scandal, missiles launched at Syria without even seeking permission from Parliament, the Grenfell fire disaster, the winter NHS meltdown, homelessness and rough...
Tory split looms as King warns on new housing disaster
LORD Howe, who is credited with bringing Thatcher down, now seems to be about to perform the same service for PM David Cameron, with...
The working people of the world must NOW take action to establish the...
THE Palestinian presidency on Wednesday expressed its great thanks and appreciation for the strong and clear Saudi position expressed in the Saudi statement issued...
Obama Heading For The Fiscal Cliff – US Workers Beware!
OBAMA’S re-election is a product of the refusal of US workers to allow an all-out robber baron of capitalism, Romney, to have control over...
Make the TUC call a general strike now to boot out the Tories and...
RAIL, Maritime and Transport Union (RMT) members will be joined by many other trade unionists today at 7.00am and on Saturday 26th March at...
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...
Truss Is Planning Regional Pay And More Anti-Union Laws For ‘Lazy And Idle’ British...
THE OUT OF CONTROL UK inflation rate has hit double digits – 10.1% according to the Office for National Statistics. It says it’s at...
Record numbers of people live in ‘very deep poverty’ in UK – Socialist Revolution...
ANALYSIS conducted by the Joseph Rowntree Foundation (JRF), released on Monday, reveals that a record number of people in the UK live in ‘very...
America on verge of bankruptcy US Treasury Secretary warns
US TREASURY Secretary Janet Yellen on Wednesday warned congressional leaders that the Treasury will run out of cash next month and the federal government...
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...
How to win the firefighters struggle!
THE six-hour strike by firefighters on New Year’s Eve was a demonstration of the solidarity and determination of FBU members across the country to...
UK economy collapses 20.4% in a month! Time to expropriate the bosses and get...
A SHATTERING collapse of the British economy has taken place. It has fallen 20.4% in a single month, in April, and it is still...
US Ruling Class Split At Home And Abroad
PRESIDENT Obama attacked the Republicans on Monday over an incendiary letter, sent by them to Iran’s leaders, seeking to sabotage his foreign policy...
Hamas’ statement on the ceasefire. Millions of British workers support Hamas – so must...
HAMAS and Israel have expressed in statements their readiness to resume hostilities after they agreed to a Qatar-mediated pause in fighting. The deal includes the...
Gaza Will Be Rebuilt! Israeli Occupation Has Failed! – Says Hamas!
WHEN silence falls after the storm, the real story begins. In Gaza, the bombs have gone quiet, but the sound of the rubble is...
The Oxford Blood Money Must Be Returned To Sender At Once!
IN ITS LATEST ATROCITY, the University of Oxford has grabbed with both hands more than £12m in dirty money from the Alexander Mosley Trust. This...
US workers taking action to drive up wages and defend their jobs
THE once-mighty US economy is facing a wave of strikes by powerful sections of the working class who are determined to drive up their...
‘Eu Disintegration Inevitable’ Says George Soros
GEORGE Soros, the multi-billionaire ‘vulture’ investor who makes his fortune betting on capitalism’s crisis and who is credited with breaking the pound in the...
Carney and May fall out on the high wire with a huge gale...
BANK of England Governor Carney has fallen out with PM May telling her that he will not take orders from politicians on what the...
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...
TUC organises a day of inaction against Tory union-busting laws!
IT was with much fanfare that the TUC announced on the 10th January that it would hold a national ‘protect the right to strike’...
Labour Defence Secretary sends a message to Moscow
THE defence review will send a ‘message to Moscow’ about Britain’s ‘readiness to fight if required’, Defence Secretary John Healey has told the BBC. Ripping...
Johnson Prepared To Starve UK Workers To Aid Ukraine’s War To Weaken Russia!
NATO Secretary General Jens Stoltenberg and British Prime Minister Boris Johnson have both warned that the war in Ukraine could last years, as Russian...
The Tory Party is blowing apart! TUC must call a general strike to kick...
Liz Truss was only installed as Prime Minister little more than 4 weeks ago but yesterday a senior Tory minister, Foreign Secretary James Cleverly,...
Call a General Strike!
THE Rail, Maritime and Transport union (RMT) have submitted a motion to next week’s TUC congress calling for the TUC to organise a co-ordinated...
Banks teeter on edge of collapse – Official
THE European Central Bank (ECB) published the results of its latest stress tests carried out on 123 European banks on Sunday, results which showed...
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...
No Second Referendum! Bring Down The Tories! Forward To A Workers Government And...
EX-UKIP leader Nigel Farage has said that ‘we should have a second referendum on EU membership.’ This is the biggest personal surrender note for...
A British ‘barbaric act of aggression’ in Basra
THE Labour Government’s Defence Secretary, John Reid, declared yesterday that sending six Warrior tanks to demolish the wall of a prison compound in Basra,...
PM Johnson In ‘Intensive Care’ And Labour Is Ready For A National Government
PRIME Minister Boris Johnson is now in intensive care at St Thomas’ hospital, laid low by the coronovirus, perfectly reflecting the state of British...
Labour Is The Bankers Party!
THE New Labour Brown government has come out as the true representative of the biggest banks, as befits a government that has doubled the...
Russia wins Round One in the struggle for Central Asia
THE Russian government and armed forces have turned the tables on the imperialist powers and their surrogates who launched the vicious surprise attack on...
Imperialism In Crisis – As Islamist Clients Turn On Their Masters
IMPERIALISM is in disarray. Tens of thousands of Islamist fighters – initially assisted by western governments, such as the UK government, and their secret...
Youth &workers need British socialist revolution as they bear the brunt of the UK...
YOUNG people are bearing the brunt of the jobs crisis. Under 35s accounted for 80% of the 811,000 payroll jobs lost in the UK...
Coalition Policy Is To Financially Collapse Local Authorities
THE House of Commons Public Accounts Committee (PAC) has warned that ‘multiple’ local authorities are facing financial collapse due to government spending cuts. The...
NHS Executives back away from imposition – Unions must take strike action
HEALTH Secretary Hunt’s contract imposition has already begun to hit the rocks with 10 of the 20 NHS executives who signed the Dalton letter...
Karzai gets worried that MI6 is negotiating his removal!
THE NEWS that top-level British diplomatic efforts are continuing in Afghanistan to try to prevent the expulsion from the country of two senior foreign...
World crisis deepening to explosion point!
JAPANESE stocks led big falls across Asia on Tuesday, posting their biggest drop in nearly 10 months, as investors became hysterical about falling oil...
End herd immunity capitalist barbarism with a socialist revolution!
THE DEMAND for capitalism to ‘reopen’ under the umbrella of the discredited theory that herd immunity is the only way to combat coronavirus has...
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...