Blind leading the blind at BofE!
A MONTH before the start of the 2007 financial crash, the Bank of England was completely unaware of the impending biggest disaster in the...
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...
Miliband’s ‘fight door-to-door’ bombast has no answers for workers and youth
ED MILIBAND kicked-off Labour’s election campaign yesterday with a speech full of bombast and empty promises, but which has at its core the main...
Greek workers on the march to socialist revolution
THE Greek working class, Greek youth and the majority of the middle class and the small farmers have battled the EU imposed austerity programmes...
Tory-type austerity is now Ball’s centre ground
WRITING in the Guardian this week, Labour shadow chancellor, Ed Balls, made it clear that the Labour leadership’s economic policy consisted solely of moving...
‘Perfidious Albion’ betrays Palestine again!
THE British ruling class has played a special role as far as Palestine in concerned. In the Balfour Declaration of 2 November 1917, the United...
MANIFESTO FOR 2015 – The Year for World Revolution
THE News Line editorial board sends its revolutionary greetings, as we enter the new year of 2015, to the working people of the world. We...
Greek vote provokes revolutionary crisis
YESTERDAY''S Greek presidential vote heralds the start of a fresh eurozone crisis that threatens to bring down the Eurozone and with it the whole...
Renationalise The Railways Now!
THE Office of Rail Regulation is to launch an investigation into the ‘major disruption to passengers’ caused by ‘overrunning engineering work’ in London over...
City Link Closure The Prelude To New Year Class Showdown!
THE Christmas Day announcement that parcel delivery firm City Link had gone into administration was ‘disgraceful’, the RMT said yesterday. Its general secretary Mick...
Saudis oil war is deepening the world crisis
SAUDI Arabia’s oil minister, Ali al-Naimi, has said the oil producers’ cartel, Opec, will not cut production even if the price falls to $20...
Second Xmas on the dole for 700,000!
ACCORDING to research published by the TUC on Monday, over 250,000 people will be spending their second successive Christmas on the dole. Even this figure...
Defend the PCS and all trade unions with a general strike
THE PCS TRADE UNION last Saturday issued a statement to its members announcing that it was the victim of a government plot to destroy...
Cuts will push councils to breaking point!
THE cuts to local government funding will ‘push councils to breaking point’ according to council leaders. On Thursday the Tory Communities and Local Government minister, Kris Hopkins,...
False start for Psaki in sanctions assault race!
US President Obama has not yet signed a bill clearing the way for more economic sanctions against Russia. The US State Department confirmed ...
Occupation must end by November 2016!
THE European Court ruled yesterday that Hamas be removed from the EU’s terrorism blacklist, a huge gain for the Palestinian people, after Hamas’ leadership...
Russia Under Attack!
RUSSIA IS UNDER FULL SCALE ATTACK with oil prices now down to $60 a barrel and the Saudis and the Gulf states saying that...
Tories to wield privatisation axe!
AFTER years of promising that the NHS is ‘safe in our hands’ accompanied by pledges that budgets would be protected with a ring fence...
More British Troops For Iraq!
WITHOUT any vote in the House of Commons hundreds of British troops are to be sent to Iraq, which is already being bombed by...
Economic Crisis Is Smashing Up Europe!
YESTERDAY official statistics for France show that core inflation had actually fallen into negative figures, - 0.2%, for the first time in recorded history...
Balls and Miliband argue for a permanent cuts regime
LABOUR leader Miliband’s speech of yesterday was a pre-election attempt to bolster up support from workers by arguing that Labour will be...
Lid lifted on US torture regime while the UK’s role is redacted!
THE REPORT by the US Senate Select Committee on Intelligence (SSCI) very belatedly exposes the CIA torture regime that was imposed after the 2001...
World banking system faces melt-down
THE world crisis of capitalism has sharpened to the extent that even the staid Bank for International Settlements (BIS) has been forced to express...
Half a million families will lose their homes if rates are put up, warns...
IN its direst warning to date on the scale of personal debt, the Bank of England has predicted that half a million families will...
Britain ‘drifting’ towards a police state–Manchester Chief Constable
SIR Peter Fahy, Greater Manchester Chief Constable and vice-chair of the National Counter-Terrorism Committee, has warned that the fight against ‘extremism’ is leading to...
Osborne furious over ‘back to the 1930s’ taunt
THE Tory Chancellor, George Osborne, was described in the bourgeois press as being ‘rattled’ by the news coverage of his Autumn Statement. In fact, ‘rattled’...
Ukrainian regime to be run by open US imperialist agents
CITIZENS of the US, Georgia and Lithuania have been granted Ukrainian citizenship in order to be key ministers in the new counter-revolutionary...
Bankrupt Britain Faces Huge Welfare Cuts!
IN HIS Autumn Statement on the economy, Chancellor Osborne outlined many more years of severe austerity with billions more in welfare cuts to be...
Renationalise The Royal Mail!
SHARES in the privatised Royal Mail are down 2.5% after Ofcom ruled the universal postal service, which obliges the Royal Mail to deliver across...
Iraq’s 50,000 ‘Ghost Soldiers’
THE new Iraqi Prime Minister Haidar al-Abadi has announced that an investigation has uncovered that the Iraqi state was paying the wages of 50,000...
Ferguson resistance joins hands with Walmart workers
THE US working class is now definitively on the march after six days of action in the town of Ferguson culminated in calls...
Black Friday mayhem in bankrupt UK
BLACK Friday came to the UK yesterday with scenes of chaos and mayhem in supermarkets up and down the country, scenes that came close...
Smith Commission’s anti-working class Trojan Horse
THE Smith Commission has proposed, with the support of all the major parties, that the Scottish Parliament should have the power to set income...
Dictatorial powers for Home Secretary
DAVID Anderson QC, the government’s ‘independent reviewer’ of terrorism legislation, asked a basic question about the powers that Home Secretary May’s will acquire if...
Ferguson erupts as police killer goes free
THE US town of Ferguson, Missouri erupted yesterday after a grand jury decided not to bring charges against a white policeman, Darren Wilson, ...
Answer low pay with general strike
ON the day that up to 400,000 health workers in England came out on a second four-hour strike over the refusal of the government...
May wants to put the UK into chains
WE already know that new legislation to be put forward by the government has as one of its features ‘internal relocation’ for British passport...
Cameron and Osborne’s Waterloo
AFTER the Tories’ defeat at the hands of a defector to UKIP in the recent Clacton by-election, David Cameron vowed that he would ‘throw...
Merkel defeated in Thuringia
LEFT parties in Germany have agreed a historic coalition deal which will see the first left state government in Thuringia, East Germany, since the...
Renationalise the Royal Mail – new leadership required for CWU
THE full price for the capitulation of the CWU leadership over the privatisation of Royal Mail is now rapidly emerging. The union, which halted...
Savage cuts have just begun in debt-ridden capitalist Britain
SPENDING on Welfare over this Parliamentary term has fallen by just £2.5bn despite the Tory-led coalition aiming to slash spending by £19bn. The Institute for...
‘Red lights flashing’ – Cameron signals more cuts
WRITING in the Guardian yesterday, David Cameron announced that, following his meeting with world leaders at the G20 conference in Brisbane, he has suddenly...
Anti-Russian Pogrom At The G20!
PRESIDENT PUTIN has left the G20 summit in Australia early after a relentless attack on Russia was mounted by the USA-UK axis and its...
Cameron Proposes Britain’s Own Version Of G-Bay
DAVID Cameron chose the G20 meeting in Australia to unveil the latest coalition plans to strip British passport holders of their citizenship if they...
Obama orders review over Syria
PRESIDENT Barack Obama has stepped up the number of US troops in Iraq to over 3,000 and has also admitted that there may be...