Get ready for the crash – capitalism is ringing the alarm bells!
ALARMED by the impending crash of over-valued world stock markets, the deputy governor of the Bank of England (BoE) warned investors yesterday to prepare...
UK capitalism is in its death agony – Now is the time to organise...
THE UK economy is heading for a recession and a slump as the latest official figures show. It shrank between July and September by...
Wage Cuts For Workers – Huge Profits For The Bankers
CHANCELLOR Darling yesterday warned Britain’s public sector workers that they must follow what he called the example of the private sector, and...
Take strike action to defend wages and jobs
RAPIDLY rising food, gas, electricity and petrol prices pushed up the cost of living in January, even according to the government’s rigged inflation rate...
Iran condemns the mass bombing of Iranian cities
IRAN has fiercely condemned the massive Israeli aerial bombing of several cities and the targeted assassinations of military leaders and nuclear scientists on Thursday...
Palestinians rising up against Israeli drive to ethnically cleanse them from Jerusalem
ISRAELI forces stormed the Al-Aqsa Mosque compound yesterday morning, firing rubber-coated bullets, tear gas and sound bombs at Palestinian worshippers, wounding hundreds in a...
Defend Syria – bring down Cameron and Hague
GILLES DE KERCHOVE, the EU’s anti-terror chief yesterday told the BBC that hundreds of Europeans are now fighting with the counter-revolutionary forces in Syria...
Starmer’s Labour regime must be replaced by a workers’ government
Sir Keir Starmer is set to become the UK’s first Labour prime minister since 2010 after his party’s landslide general election victory. Labour is...
Trade Unions Must Fight Alongside The Students!
THE News Line fully supports the call by the secretary of the Young Socialists Student Society for next week’s lobby and rally by the...
Corbyn calls on civil servants to block no-deal Brexit! Organise general strike to leave...
IN THE LATEST attempt to block a no-deal Brexit, Labour leader Corbyn has called on the civil service to move into action and do...
Chinese Revolution Has Made Huge Advances, While Capitalism Gets Ready For Its Great Crash...
NOT SO long ago in the late 1930s ‘European concessions’ on the Chinese mainland contained ‘European Only’ parks, some with signs declaring ‘no dogs...
Cameron Threatens Eu With Bringing Forward Referendum
THE German magazine Der Spiegel says British PM David Cameron warned EU leaders that the UK could leave the EU if Luxembourg’s ex-PM Jean-Claude...
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...
1,002,296 have died from Covid-19 – Capitalism cannot deal with this crisis!
THE number of people worldwide who have died from Covid-19 has passed one million, reaching 1,002,296 with 33,378,462 infected, the Johns Hopkins University reported...
Cbi Tells Tories – Impose Two Year Wage Freeze And Privatise!
THE CBI BOSSES organisation yesterday called for an immediate freeze in the public sector pay bill for two years and a ‘re-engineering’ (destruction) ‘of...
Defend the NHS with a general strike to bring the Tories down and bring...
EVERY day brings a new savage attack by this Tory government on the NHS. At the beginning of the week the shock announcement broke that...
Judges attack ‘unlawful’ terror laws – police demand more repression
YESTERDAY the capitalist state was split over the Blair government’s police state attacks on democratic rights. Two Law Lords attacked Home Office plans,...
Cancel Pfi Contracts To Defend The NHS
THAT NHS hospitals cannot pay back the huge multi-million Private Finance Initiative (PFI) ‘debt’ to the banks is well known. The coalition government and its...
Sunak Gets Labour Cheers As He Mounts Perilous Rescue Operation For Capitalism!
CHANCELLOR Sunak received Labour cheers for his statement in parliament on Thursday, as the Tories fought to regain some popularity after the continuing exposure...
Gates Gives Pakistan Its Orders
NO sooner has the US’s man, Musharraf, been decisively beaten in the Pakistan elections, than the US through its Defence Secretary Gates is issuing...
House prices rise by 10.2% – as rate rise nears
UK house prices in July were up 10.2% from a year earlier – the biggest annual change since September 2007. Halifax said that property prices...
Imperialists and their puppets defeated in Aleppo – Now forward to the Palestinian state!
ON Tuesday evening there was dancing in the streets of Aleppo as residents celebrated the defeat of the Islamist factions that had been armed,...
Carney steps up his anti-May war!
THE war between the governor of the Bank of England, Mark Carney, and Tory prime minister Theresa May was stepped up on Wednesday when...
Cameron Poses As The Soldiers’ Friend
THE government is to write into law for the first time the principles of a ‘military covenant’, which will give members of the navy,...
Financial Crisis Worsening, Says The Imf
IN its just-published Global Financial Stability Report, the IMF has found that ‘Confidence remains fragile despite recent policy actions’, and that the ‘Euro area...
Imperialist powers are preparing for war with Russia by sending in the Islamists!
ELEVEN people have been detained after an attack by Islamists at a Moscow concert hall that killed 137, the head of Russia’s Federal Security...
Magna to sack 10,000 – Woodley congratulates Mandelson and Brown
THE Unite trade union leadership has reacted to the news that GM has handed over GM Europe to Magna, in a deal bankrolled by...
OECD predicts economic disaster as UK chief of staff predicts war with Russia!
WILLIAM WHITE, the head of the OECD’s review body, warned before the Davos Summit on Monday that: ‘All the market indicators right now look...
Tories in crisis over Sunak tax revelations! Get them out with a general strike!
THE Tory government is in a state of crisis and near collapse as revelations pile up daily about the financial activities of Tory ministers...
Capitalism is ‘At War’ – answer Cameron with general strike
BRITISH capitalism is ‘at war’ Cameron told the bosses yesterday, an ‘economic war’ which requires the state to rip up the rule book, strip off...
Only a Socialist Revolution can force the break with the bosses’ and bankers’ EU!
NOTHING summed up the crisis that is gripping the leadership of the trade unions like the TUC’s joint statement this week, with the bosses...
Down with all zero-hours contracts!
‘JOBSEEKERS’ will lose their benefits, or their Universal Credit when it is introduced, if they turn down zero-hours contracts, the government has said. This new...
Witch-Hunter Healey Hits Out At Russia As British Capitalism Struggles To Survive!
DEFENCE SECRETARY John Healey has said that three Russian submarines have carried out a ‘covert’ operation in the Atlantic, north of the UK, lasting...
Victory to Assad! Stop bombing Libya – withdraw UK special forces!
ON Monday the US launched air strikes on the Libyan city of Sirte against ISIL, at the request of one of the current Libyan...
UK ‘pirates’ are doing the USA’s dirty work policing the Med to keep out...
IRAN has summoned the UK ambassador after UK marines illegally seized an Iranian oil tanker in the Strait of Gibraltar. British Royal Marines swooped in...
The working class must win the class war
IN the middle of the Labour Party’s general election campaign, a section of the Labour cabinet led by Mandelson, Jowell and others is breaking...
Bankers fumble in the dark
‘THE recession has. . . certainly presented us with plenty of puzzles,’ says the Deputy Governor of the Bank of England, Charles Bean. Addressing the...
Tories trying to stampede MPs into supporting war in Syria!
THE tragic loss of the Russian airliner flying out of the Egyptian resort of Sharm el-Sheikh killing 224 people, is being used by the...
Reeves budget drives split in party as Labour MPs fear anger of workers over...
LABOUR Chancellor Rachel Reeves denied that Wednesday’s Budget was anything other than a massive austerity attack on workers with the sick and disabled deliberately...
McCluskey and the ideologically-driven Tory cuts
WRITING in yesterday’s Guardian newspaper the general secretary elect of Unite, Len McClusky, was forced to use the dread words ‘general strike’ in the...
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...
IMF demands destruction of welfare state to save capitalism from debt crisis Answer bankers...
THE IMF (International Monetary Fund) this week sounded the alarm bells for the world capitalist crisis when it announced the real scale of the...
Get rid of bankrupt capitalism – forward to socialism!
CHANCELLOR Darling flew to the US yesterday to meet with fellow finance ministers, and Federal Treasury Secretary Paulson, for the IMF-World Bank Annual Meeting. Yesterday...
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...
Labour Pushes For Pensions War
MORE than half a million civil servants are to be told that they will have to pay a lot more towards their pensions. This is...