Rate Rises Will Lead To Banking Collapse
ON Thursday night, the captains of British capitalism assembled for a sumptuous banquet at London’s Mansion House to listen to the latest economic plans...
Brown gives billions more to the banks
AMID banks posting further huge losses and their share prices collapsing, after the near extinction of the world’s largest banks last October, Prime Minister...
Only a sliding scale of wages can defend workers from inflation
OFFICIAL figures have confirmed that consumer price inflation surged to 5.4% in 12 months to December – up from 5.1% month before – the...
Employment figures mask the real crisis of British capitalism
THE BIG lie of this minority Tory government is that British capitalism is thriving, its economy is in vigorous good health and that workers...
Build The Wrp And The Ys – Forward To The British Socialist Revolution
NOW is the time to build the WRP and the Young Socialists into the leadership of the working class and the student youth...
As Capitalism reels Corbyn ‘suggests’ a very minimal Fabian programme
LAST week saw the ruling classes of the capitalist world reeling at the prospect of another huge banking crash, with its high priests, the...
No recovery for capitalism from 2008 crash – forward to socialist revolution
A RECENT analysis by Sky News has shown that the ‘recovery’ of British capitalism since the world banking crash in 2008 is actually smaller...
Starmer must be sacked now – TUC must call a general strike to bring...
If Labour Prime Minister Keir Starmer believed that sacking Peter Mandelson as the UK’s ambassador to the United States would provide him with some...
Big Business To Access NHS Patients Data
IT was disclosed this weekend that by Autumn every high street pharmacy, from the local independent pharmacy right through to the giant supermarket chains...
Fight Tory class war programme – bring down the Coalition!
OSBORNE began his spending review speech yesterday by saying that: ‘Today’s the day when Britain steps back from the brink’. In fact, his speech represented...
Blair skating on the thinnest of thin ice
PRIME Minister Blair has been secretly questioned, for a second time, by police investigating allegations that honours were sold for cash by his government....
UK workers must organise political and industrial action to make sure the UK leaves...
TORY PRIME minister Theresa May suffered another humiliating defeat in parliament on Tuesday when the latest version of her ‘deal’ with the EU was...
Tories to prop up Blair over Trident, the shape of things to come
LARGE numbers of Labour MPs are opposed to Blair’s programme to renew the Trident submarine based, nuclear weapons delivery system. The eventual cost...
Anti-Semitic slander against Corbyn – state-orchestrated attempt to destroy Labour Party
WEDNESDAY night’s Panorama programme ‘Is Labour Anti-Semitic?’ marks a new and increasingly desperate stage in the state-orchestrated witch-hunt of Jeremy Corbyn with the aim...
Bank of England follows US Fed in driving up interest rates to ‘save’ capitalism!
YESTERDAY, the Bank of England (BofE) hiked up the interest rate by 0.25% to 1.25%, its highest level in 13 years – the first...
Grenfell Towers are everywhere! Capitalism cannot be regulated, it must be overthrown!
THE TORY government is pushing its Building Safety Bill that it says addresses the big issue of fire safety raised by the horrific Grenfell...
Syrian Army poised for victory in Aleppo
THE news at the weekend that the Syrian army had successfully driven Jaysh al-Fateh out of the western areas around Aleppo marks another decisive...
Israeli Police Attack Anti-Netanyahu Demonstrators As Israel Explodes!
ISRAELI police arrested 12 people and used water cannons before dawn on Sunday to disperse furious protesters against the policies of PM Netanyahu. Tens of...
One word ‘strike’ sends the TUC into a spin
EARLIER this week the News Line stated that it would not be enough to adopt a programme at the current TUC Congress, but that...
Keep out the Tories – bring down the Blair-Brown government! Forward to socialism!
LABOUR was routed in Thursday’s regional and council elections losing by late yesterday afternoon 454 councillors and eight councils in England, while it lost...
Defend the NHS budget Drive out the privateers Nationalise the drug companies
THE voice of the NHS managers spoke up yesterday. The NHS Confederation reported ‘The health service in England won’t survive unchanged’. This is doublespeak, for...
French government collapses – forward to the European socialist revolution!
FRENCH bourgeois rule was plunged into a massive crisis on Wednesday when MPs voted to kick out prime minister Michel Barnier’s administration after just...
Bangladesh: a paradise for the bosses, and a hell for the workers
THE arrest of the owner of the collapsed building in Dakha is just a tiny sop to the massive anger felt by Bangladeshi workers...
Labour Pledges More Austerity!
POLITICAL ‘role reversal’ is the phrase being bandied about by bourgeois political commentators as they scratch their heads trying to make comparisons between the...
US economy slumps as Obama proposes huge budget debts
THE American economy contracted by 6.2 per cent in the last three months of last year, as consumer spending dropped by 4.3 per cent...
Howard condemns ‘judicial activists’ as security risks
Tory leader Michael Howard was yesterday bending over backwards to give every support to the Labour Prime Minister Blair and his war against democratic...
French and Greek workers reject austerity
The elections in France and Greece on Sunday demonstrated conclusively that Europe stands on the brink of a seismic revolutionary upheaval that will sweep...
US Class Struggle Sharpens
THE TWU Local 100, the New York transit union, is on strike and has picked up the gauntlet flung down by Mayor Bloomberg, the...
Russian strike on foreign mercenary centre in Ukraine a massive blow against imperialist war...
ON SUNDAY morning around 30 cruise missiles fired by the Russian military hit the mis-named International Peacekeeping and Security Centre in western Ukraine, which...
NATO expands Afghan war – Britain to take the lead
NATO foreign ministers, meeting in Brussels, have endorsed a plan to expand the alliance’s role in Afghanistan with Britain taking the lead. It will...
Federal Reserve opts for debt mountain and to crash the $
FOLLOWING the decision of the US federal Reserve Bank to reduce its interest rate by 0.5 per cent, double the expected 0.25 per cent...
The continuing collapse of leadership in the FBU
THE leadership of the FBU ignominiously collapsed at yesterday’s FBU recall conference, held to decide on industrial action to defend the final salary pensions...
Pentagon launches Africa command centre
AS PAY negotiations between the American car giants General Motors (GM) and Ford, and the United Auto Workers (UAW) have reached a critical point,...
Baker Reveals Iraq Get Out Plan
A PANEL of White House advisers led by a former Secretary of State, James Baker, is reported to be recommending a major shift of...
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...
Northern Rock sold at a loss as dictatorships rule in EU!
NORTHERN Rock (NR) plc is being sold to Virgin Money by the coalition government for £747m. After Northern Rock was nationalised in 2008 it...
Neither savage deflation or massive inflation but socialism!
LABOUR’S last Chancellor, Alistair Darling, has urged the Tories to set about printing or borrowing even more money to finance growth. It must be remembered...
Israel responds to UN resolution calling for ‘sustainable ceasefire’ by ramping up genocide!
ISRAEL intensified its bombardment of Gaza over the weekend hitting 200 targets in a single 24-hour period on Friday and Saturday. Just one of these...
US ‘Defence Cutbacks’ are a cynical fraud!
WHEN the gullible read the headline paragraph, that US Defence Secretary, Chuck Hagel, has unveiled plans to ‘shrink’ the US Army to its smallest...
Stop The Police Chiefs Taking Over The Fire Service!
JUST a few weeks ago the Grenfell Tower inferno burnt men, women and children to death, because the fire was able to take...
Support BA workers! Forward to a general strike!
LABOUR PM Gordon Brown yesterday condemned the BA cabin crew members of Unite for the seven days of strike action due to take place...
Nationalise the Banks!
As the scandal engulfing the banks accelerates daily, so the attempts by both Labour and coalition party leaders to pretend they can stop future crises...
President Trump Panics – And Pledges To Send In The Nuclear Submarines!
TRUMP’S declaration that he is sending two nuclear submarines into ‘appropriate regions’ to threaten Russia, has made public that he is preparing for the...
Egyptian workers inspiring the workers and youth of the world!
THE Egyptian workers delivered another massive blow at imperialism, Arab feudalists, Zionism and the Egyptian pro-imperialist military when hundreds of thousands of them reoccupied...
Bankers’ forecasts wrong again! New banking crash will ignite revolution!
THE BANK of England has admitted what it calls a ‘Michael Fish’ moment over its failure to predict the 2007-8 banking crash and its...