BIS predicts deflation and depression
LAST year the Bank for International Settlements (BIS) was alone amongst banks in warning that the situation had similarities to that at the time...
TGWU relies on the Sainsbury family to defend its members’ jobs and wages
YESTERDAY the TGWU leaders produced their statement of full support for the Sainsbury family in the battle to keep out the Texas Pacific-backed raiding...
Tories Vote To Keep Blair In Office!
IN Tuesday night’s vote in the House of Commons on the Blair government’s Education Bill, 67 Labour MPs voted against, wiping out the government’s...
Decisive Action Needed To Defend Welfare State!
THE working class is rising up to defend the Welfare State. On Saturday, hundreds of thousands of workers and members of the public took...
In the drive to privatise, the Tories are abolishing the NHS!
THE NHS is, in practice, being steadily and consciously abolished by the Tories as they drive relentlessly to the goal of a fully privatised...
Osborne to intensify Tory slave labour drive
LONG-TERM unemployed workers and youth will have to undertake work for no pay in return for their benefits, or else starve, with the government...
Brown’s National Economic Council ‘war cabinet’ will be making war on the workers
‘WE have agreed to make a solemn engagement as heads of state and government to support banking and financial institutions faced with the crisis,’...
Royal Mail’s Privatisation Bill includes the end of the daily delivery
THE Coalition’s Business Secretary, Cable, told MPs last week in the House of Commons that the Bill to privatise the Royal Mail ‘will maintain...
Brown Remains The Bankers’ Man!
GORDON Brown was putting on a show of humbleness last night when he admitted on TV that he was not perfect but had made...
Balls reveals intense ruling class fear
ED BALLS, the Schools Minister, and the former economics advisor to the Prime Minister, Gordon Brown, over the weekend dropped his political master right...
Lift the ban from the Gaza Under-19 team!
THE banning of the Under-19 Gaza football team from coming to play in Britain after they had been invited to play against Chester...
Fight VAT increases with mass actions to bring down coalition
THE increase of VAT from 17.5 per cent to 20 per cent today will mean destitution for millions of unemployed and low paid workers...
Junior doctors revolution forces BMA leader to resign
THE BMA chairman, James Johnson has quit, forced out of office by the uprising of the junior doctors, who were not prepared to see...
Bankers’ bonuses are a diversion
The headline news throughout the bourgeois media yesterday was that Stephen Hester, Chief Executive of the Royal Bank of Scotland, had magnanimously bowed to...
A fighting Public Sector Alliance to defend wages and jobs
THE Communication Workers Union yesterday announced its latest plans for strike action after the first national strike for a decade last week, which was...
Clinton, Netanyahu make a bloc on settlements
PALESTINE Authority President Mahmud Abbas has been completely undermined by the latest declaration of US Secretary of State Clinton. In it she supported the Israeli...
Bush’s ‘New Middle East’
BUSH is trying to establish his ‘New Middle East’ on the bones of thousands of dead and injured Lebanese and Palestinian men, women and...
No sackings, or wage ‘holidays’ for bankrupt banks and councils
YESTERDAY the Brown government was emphasising that it had no interest in running the three banks that it was ‘part-nationalising’ (rescuing) with £37bn of...
US Attention Focuses On China
AT THIS moment all eyes are turned to China. The US government, and worried US trade union leaders are currently talking to the Chinese...
Take action to defeat Labour’s plan to smash the NHS
THE leaking of Department of Health (DoH) documents, including ‘Pay and Workforce Strategy for 2008-11’, reveals the Labour government’s plan to slash NHS...
Brown supports lifting £3,000 cap off top-up fees
YESTERDAY Chancellor Gordon Brown joined hands with two of the leaders of the capitalist class to signal his willingness to raise the £3,000 cap...
Ukraine workers defy imperialism and Stalinism!
THE News Line salutes the bravery and heroism of the Ukrainian working class who defied all the threats, intimidation and murderous attacks by forces...
Barclays gambles on the Brown safety net while Northern Rock’s losses rise
SPECULATIVE casino banking, without risk for the bankers, thanks to the Brown government’s pledge to never let a big bank fail, is the way...
Benefit cap to be lowered by £6,000 say Treasury officials
CHANCELLOR George Osborne, the hammer of the poor, is so determined not to increase the taxes of the rich that he is about to...
Blair axes cabinet, but policies are the same!
IT WAS all change yesterday in the Blair cabinet and no change at all at the same time, as leading cabinet members were sacked...
British Government Must Recognise Hamas
IT IS AN indisputable fact that Alan Johnston, the BBC journalist, was freed by the Hamas movement just two weeks after Hamas took control...
Defend the NHS – Stop the job cuts – Bring down Blair and Brown
ON Tuesday, at the Prime Minister’s monthly press conference, the NHS chief executive, David Nicholson confessed that he did not know how many jobs...
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...
Blockade the oil refineries and nationalise the oil industry to slash petrol prices
THE Petrol Retailers Association (PRA) has just warned that we are rapidly heading for a petrol price of £7.40 a gallon, a catastrophe that...
Rail fares and inflation are let rip – as wages and benefits are frozen...
RAIL commuters were protesting at Waterloo Station in London yesterday after they heard that ticket price rises of between 8% and 13% are to...
Bankers gripped by fear are relying on ‘hope’!
THE new Deputy Governor of the Bank of England (BoE), Charles Bean said yesterday that when the so-called ‘credit crunch’ began last August central...
Record unemployment, record poverty and misery – socialist revolution the only answer
THE number of young people out of work has reached a record high of almost one million, according to the latest unemployment figures. ...
Labour ready for an emergency coalition
ON the eve of the Labour Party conference, Ed Miliband has sought to win the support of the middle classes, and also drive a...
NATO forces face defeat in Afghanistan
SIXTEEN US troops were killed in Afghanistan in July, more than were killed in Iraq! In fact, NATO casualties are mounting rapidly as...
A police-Fire Service merger is a Tory plan to destroy FBU and reorganise state...
THE news that has emerged that the Tory police and crime commissioner for Northamptonshire, Adam Simmonds, has been in secret talks for twelve weeks...
Bring down the Tories on June 8th to save the NHS, and end benefit...
ON JUNE 23 2016 the adventurers Cameron and Osborne, the then PM and Chancellor, came unstuck when they lost their EU referendum and were...
Workers must welcome all refugees and fight alongside them to get rid of capitalism!
THE FRENCH government is to raze the Calais refugee camp to the ground ‘within days’, forcibly removing every man, woman and child. After six months...
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...
A Revolutionary May Day
THE News Line sends its revolutionary greetings to the workers and the oppressed peoples of the world on this historic May Day. The world...
‘The war against terror’ – a war that cannot be won!
IT’S official. The western imperialist states are engaged in a ‘war against terror’, which they have been waging since the Bush-Blair axis was formed...
AMCU rejects corporatist agreement with SA bosses
THE decision by the South African Association of Mineworkers and Construction Union (Amcu) not to sign the Framework Agreement for a Sustainable Mining Industry...
NATO’s arms being exported from Libya to terrorists everywhere
THE NATO armed intervention that supported the Islamist revolt in Libya succeeded in murdering Colonel Gadaffi and smashed up the most advanced and prosperous...
Record inflation and record borrowing as British capitalism’s crisis worsens
THE UK CPI inflation rate rose to to 4.4% in February from the January figure of 4%, while the RPI inflation rate which includes...
For-profit university bust! End all fees, restore grants, drive private business out of education!...
AN EXTREMELY controversial for-profit college has gone bust leaving staff and students stranded, prompting unions to demand that the privatisation of education be stopped...
Arab League – accomplices of imperialism
The leaders of the 22 member Arab League meeting on Saturday came out decisively on the side of imperialism when they issued a call...