Cutting wages is the key says BofE boss
BANK of England chairman Mervyn King’s speech in Winchester on Tuesday night was governed by a central axiom for the survival of British capitalism. He...
Tory-Lib Dem Butchers Outline The Task Ahead
TORY CHANCELLOR Osborne provided an outline of his £6.2bn of spending cuts for 2010-11 yesterday, with Lib Dem Chief Secretary to the Treasury Laws...
LOW PAY – TUC Commission shows the problem, but runs away from a solution
YESTERDAY the TUC revealed in its ‘Commission on Vulnerable Employment’ report what everybody already knows. This is that low pay and slave labour...
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...
Unite The Masses In The Gulf Against Imperialism
SADDAM HUSSEIN went to his death bravely and heroically, executed by agents of imperialism – the leaders of a puppet government that came to...
Israel speeding up the demolition of Palestinian homes and schools!
AS the 100th anniversary of the Balfour Declaration nears, the Israeli government, its armed forces and its legions of settlers are intensifying their programme...
Greek Debt Crisis Set To Explode Under The Eu!
TALKS on a Greek debt deal, it was reported yesterday, have ‘hit a snag’. The Institute of International Finance (IIF), and their creditors group...
OECD says UK rates must rise to 3.5 per cent in 2011
THE OECD said yesterday that state indebtedness, and rapidly growing inflation is threatening to bring down the entire banking system. Its secretary general, Angel Gurria,...
Law lords rule for US imperialism to keep the Chagossians in exile
THE House of Lords appeal court yesterday reversed the three decisions taken by seven senior judges, in previous court hearings, that the Chagos Islanders...
Adam Smith rubbishes the Bank of England and its fake stress testing!
THE Adam Smith Institute has just ‘lampooned’ the Bank of England stress tests – which sought to show that the UK’s banking system is...
Food prices surge will drive revolution!
GLOBAL food prices rose sharply in July. The wild swings in weather conditions are responsible says the UN food and agricultural body. The July...
Corbyn comes good for the bosses’ and bankers’ EU
CORBYN has been transformed into his opposite as far as the ruling class and Labour’s rabid Blairite right wing is concerned. He has gone...
Obama-Erdogan To Meet Over Syria At G20
THE Turkish government warned on Monday that it would carry out more strikes on the previously US-backed Kurdish militia in Syria if it fails...
Whither the NHS is still to be decided!
THE fury of the Blairite Milburn over the changes to the Health Bill that have been forced on the Tory-led coalition by the massive...
Super rich Kensington and Chelsea – thousands of empty properties and only 26...
IN 21st century Britain, in the richest borough in London, working class children are being diagnosed with diseases and ailments that belong in the...
Nationalise car industry and the banks to defend all jobs
GLOBAL action to save the motor industry from crisis, and above all to stave off bankruptcy at General Motors, has been urged by Unite...
2018 – The Year For World Revolution!
New Year Manifesto by the News Line Editorial Board THE News Line Editorial Board sends its warmest revolutionary greetings for 2018 to all our readers,...
Osborne’s Budget For The Bosses!
OSBORNE began his budget address yesterday by admitting the calamitous state of British capitalism saying that recovery would be ‘challenging’ since ‘we’ve had the...
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...
Defend the NHS with a general strike! Nationalise the pharmaceutical industry!
ONE in five new drugs will be rationed on the NHS under new plans to ‘save the health service money.’ This is the latest...
Obama Looking For ‘Partners’
PRESIDENT OBAMA’S annual State of the Union speech was dominated by the internal situation of US capitalism, and his search for Republican partners...
Hague recognises Syrian opposition while Qatar and Saudis supply the guns and cash!
The ‘Friends of Syria Conference’ in Tunis has seen the representatives of the United States and the UK, Clinton and Hague, laying into Russia...
Victory to Hamas! Defeat Zionism and imperialism!
THE murderous, cowardly missile attack by Israel on Gaza, which killed Ahmed al-Jaabari along with 10 other Palestinians including two children, was a long-planned attack...
Stop the return of British troops to Helmand province!
THE Taleban armed forces are now retaking Sangin town in Helmand Province, which was taken over as a British responsibility after the retreat from...
The ‘bank of central bankers’ warns new banking collapse imminent
THE Swiss based Bank for International Settlements (BIS) has just issued its starkest warning yet that the entire debt fuelled international banking system is...
Gove humiliated but remains in office
TORY education secretary Michael Gove suffered a humiliating defeat on Thursday when he was forced to drop his flagship proposal to replace GCSEs with the...
Blairites and Tories form a counter-revolutionary alliance!
BLAIR, the universally hated and reviled ex-Labour prime minister, was thrown a lifeline in his quest to resurrect his political career as an anti-Brexit...
EU crisis deepens in London and Athens
THE great EU referendum crisis in the UK has sharpened after PM Cameron denied his earlier remarks that after he had negotiated a deal...
JOHN KERRY’S LAST STAND! – derided by Netanyahu!
ISRAELI Prime Minister Benjamin Netanyahu damned US Secretary of State John Kerry’s speech on Wednesday over the Israeli-Palestinian conflict saying that it was biased...
US Federal Reserve is too scared to raise interest rates!
ON Thursday evening, the US Federal Reserve policy committee decided yet again that it did not dare to raise interest rates by a fraction...
Sack Starmer Not Corbyn – No National Government!
FORMER LABOUR PARTY leader Jeremy Corbyn has condemned the Labour Party’s ‘political’ decision to apologise and pay damages of over £500,000 to so-called party...
Britain Apologises To Chagossians – Now Hand Them Back Their Islands!
BRITAIN has apologised to the Chagos Islanders for the ‘shameful’ way it evicted them from the Chagos Archipelago in the Indian Ocean. The apology came...
Scandalous Academies!
AN academy chain in London set up by the Tory schools minister Lord Nash is having its education curriculum drawn up by his daughter. The...
Make Turkey general strike indefinite to kick Erdogan out
THE Turkish trade unions called a two-day general strike for yesterday and today to express their outrage at the bombing on Saturday of the...
Universal Credit = war on benefits
YESTERDAY the Tory-led coalition launched its ‘pathfinder’ trial of the new Universal Credit System at a job centre in Ashton-under-Lyne, Manchester. From here the government...
Coalition Crisis Deepening By The Hour
WHATEVER the outcome of yesterday’s by-election in Eastleigh, it spells disaster for the Tory-led coalition government. Should the LibDems scrape a win over the Tories...
Renationalise Now!
A SURVEY conducted this week by BBC Radio 5 Live has revealed that more than one third of people in Britain live in fear...
UCU & NUS stop pleading with the Tories & call an all-out strike...
TODAY tens of thousands of lecturers and students will march through central London to demand free education for all. The Tory government has pushed plans...
Libyan Counter- Revolutionaries Being Showered With Cash!
WESTERN and Arab countries such as Qatar and Saudi Arabia have pledged $1bn for the right-wing stooges of imperialism in Benghazi, at the latest...
Financial Services Authority Warns Of Inevitable Collapse
WITH business sure that the Bank of England is due to raise interest rates to at least five per cent, warnings are being made...
Answer 30% savage cuts with a general strike!
YESTERDAY the Tory chancellor, George Osborne, proudly announced that four government departments have agreed to make cuts in their budgets of 8% a year...
Don’t vote to bomb Syria! Victory to Assad – forward to Palestine!
IN August 2013, MPs rejected by 285-272 votes UK military intervention by the Cameron government to bomb President Bashar al-Assad’s government out of power,...
Unemployment and inflation rising, as British capitalism crumbles!
THE number of people unemployed in the UK rose by 43,000 to 2.5 million during the three months to February, the highest figure since...
Capitalism cannot be reformed – it must be overthrown with Socialist Revolution.
IN HIS speech on Saturday to the Labour Party Policy Forum Jeremy Corbyn proved that left reformism has absolutely no answers to the crisis...
Putin Moves To Reassure Western ‘Partners!’
WITH the shelling and bombing of eastern Ukraine still taking place, and with tens of thousands of Ukrainian refugees in southern Russia, President Vladimir...