Capitalism Gripped By Historic Crisis
THE world crisis of capitalism is being hit by a convergence of the crisis to which all the central banks, economists and politicians have...
Time for the working class to bury British capitalism
Sir Gus O’Donnell, the most senior civil servant in the country, has broken cover with the public admission that the crisis of the capitalist...
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...
BIS Report – Global ‘Debt Trap’ set to crash world capitalism
THE SWISS based Bank for International Settlements (BIS), the ‘central bank for central banks’, has issued a new warning about the global ‘debt trap’...
MPs’ Committee fears new mortgage bubble!
A VERY nervous House of Commons Treasury Select Committee has just asked the Bank of England to clarify its role in ensuring that the...
28th anniversary of declaration of Palestinian independence!
SECRETARY General of the Palestine Liberation Organisation (PLO) Saed Erekat said yesterday that the international community has failed in its responsibility to correct the...
Bank of England pushes up interest rates again as it pushes UK into recession!
THE Bank of England yesterday increased the interest rate for the 13th time in a row from 4.5% to 5%, heaping economic catastrophe on...
Spain follows Greece with mass strikes against austerity
SPANISH Prime Minister Jose Luis Rodriguez Zapatero’s Socialist Party government scraped through Parliament its 15bn euro (£13bn) austerity package, by 169 votes to 168,...
G20 bankrupts meet protected by 10,000 riot police batons
LEADERS of the major capitalist states, and the leaders of Russia and China, who have linked their fate to the future of the crisis...
Defend Russia And China By Completing World Socialist Revolution!
RUSSIA has begun its largest military manoeuvres in four decades in eastern Siberia, with thousands of troops from China and Mongolia also taking part. The...
Labour Mayor Andy Burnham reveals Labour MPs want him to oust Starmer
THE Labour Mayor of Manchester, Andy Burnham, in an interview with The Daily Telegraph newspaper yesterday said that many Labour MPs have been privately...
Ukraine – Under The Iron Heel Of The Imf!
THE coupist regime in Kiev has reached a preliminary deal with the International Monetary Fund to try to unlock $27 billion of ‘international support’...
Capitalist recovery fraud is stoking working class fury
WORKERS and young people will be forgiven if they believe that they are living in some parallel universe that has absolutely no connection with...
US workers taking the revolutionary road
THE Baltimore protests over the police killing of 25-year-old African-American Freddie Gray have spread all over the USA. Gray died of a spinal cord...
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...
Benefits cuts frenzy grips coalition
THE New Year has kicked off with a frenzied attack by both Tory and their LibDem coalition partners on the low paid, unemployed, the...
Join WRP to build the revolutionary leadership!
THE leadership scuffling that is taking place in the Labour Party is underlining one major fact – its crisis is terminal. This is a party...
Labour must pledge to nationalise Bombardier to defend 14,000 jobs!
PM May is said to be ‘bitterly disappointed’ that the US Department of Commerce and her friend President Trump have opted to impose a...
Oecd Calls For A Giant Firewall!
UK economic growth for the last quarter of 2011 has been revised downwards to a 0.3% contraction, another body blow to those who had...
Abbas to meet Kerry for decisive talks
PRESIDENT Mahmoud Abbas is to meet US Secretary of State John Kerry in Paris today to discuss the peace talks with Israeli, US and...
Bush dresses down ‘quitter’ Brown!
BUSH flew into London yesterday after sending a public order to Gordon Brown, via the Observer newspaper. This was that Brown must not announce...
Trump boasts America is ‘greatest civilisation’ on Earth – while preparing war on working...
Donald Trump’s speech at his inauguration as US president on Monday did not include a number of the crucial measures he insisted would be...
World capitalism is set to crash – It must be replaced with the World...
JUST five months after being elected with a landslide majority, a life or death political and economic crisis has engulfed British capitalism. Labour PM Sir...
Free first class medical care and accommodation for the sick and elderly
ONCE again PM Gordon Brown and the Labour Party have revealed that while they rushed to handing over £150 billion to the bankers, they...
Nationalise the PFI parasites!
EVERY year the Labour government is handing over £40bn to the consortia of financiers, property developers and construction giants in payments for Private Finance...
Pensions crisis will revolutionise millions
‘THERE is no obligation on the part of employers to provide pensions’, said the National Association of Pension Funds yesterday. This was its response to...
Unions Must Stop Pleading With Bosses And The Tories And Use Their Strength To...
BORIS JOHNSON’S policy of do-nothing to combat or turn back the coronavirus has now been dumped after 229 scientists wrote to the government saying...
Trump sends 15,000 troops to Mexican border – threatening to open fire on migrants!
US PRESIDENT Donald Trump spat on the Statue of Liberty this week and the revolutionary history of the United States, especially its call from...
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...
Final report into Boeing crash shows bosses ignored warnings! Nationalise Boeing – the US...
THE FINAL report into the Boeing 737 Max air crash in October last year, in which 189 people lost their lives, was published yesterday...
Meet Tories’ brutal attacks on workers with a general strike
THE Tory party conference greeted with rapturous applause the pledge by George Osborne that any future Tory government would drive the working class into...
TUC unites with bosses to plead with Tories for aviation bail-out rather than fight...
YESTERDAY the TUC joined with aviation bosses and Heathrow management in a joint statement calling for the Tories to ‘protect the UK’s vital aviation...
Dump ‘Reform’ into the nearest dustbin – Forward to the British Socialist Revolution!
REFORM UK, a right-wing and ‘anti-working class’ party winning the Runcorn and Helsby parliamentary by-Election on Thursday, was only possible because of the treachery...
Russian oligarchs gave millions in donations to the Tory Party!
THE FINAL release by the House of Commons intelligence and security committee of the report into allegations of Russian interference in British politics is...
Starmer Recruiting Right Wing Tories To Run Any Labour Gov!
THE Labour Party is defending, welcoming right wing Tory defector Natalie Elphicke into the party despite anger from many backbench MPs and workers at...
Tuc Must Call A General Strike Now To Support The Palestinian Masses By Bringing...
THE United Nations says the ongoing Israeli war in Palestine has left the Gaza Strip ‘uninhabitable’ and that the destruction in the Palestinian territory...
Met chief Cressida Dick quits! Unions must call a general strike to disband the...
METROPOLITAN Police Commissioner Dame Cressida Dick has quit! Millions will be cheering the news, and demanding that the whole Met Police force be disbanded...
Greek blood money debt bonds for sale!
BANKRUPTED Greece, still up to its neck in debt, is to sell five-year bonds, in the country’s first long-term debt sale since its international...
New universities going bust as education becomes a commodity
FORTY-SIX universities, mainly but not entirely made up of ex-Polytechnics, were put on a list by the Labour government, after the introduction of tuition...
PM Sunak heaps sanctions on Russia as US, EU and UK workers pay the...
PM SUNAK HAS LOST NO TIME in announcing a series of fresh sanctions against Russia that include a ban on imports of aluminium, diamonds,...
Inflation Letting Rip As Darling Fiddles
CONSUMER Prices Index (CPI) inflation has been driven up to 3.5 per cent in January by, amongst other factors, VAT returning to 17.5...
British capitalism is preparing for war with Russia – its war drive must be...
AS IS now well known, the British ruling class is forever beating the war drums against Russia, and is desperately encouraging the Ukrainian regime...
Mandelson’s Secret Business Interests!
PETER Mandelson is one of five Labour government cabinet ministers who insists on his business interests being a secret and for that purpose has...
King’s Fund warns NHS being systematically destroyed!
A REPORT from the independent health think-tank, the King’s Fund, has revealed that the NHS is systematically being destroyed through government-imposed financial cuts. The Fund...
UK bans Chinese ambassador to step foot in Parliament! The enemy is at home...
THE UK government stepped up its war with China this week when it took the decision to ban the Chinese ambassador to the UK...