Tag: banks

THE British Labour government’s business secretary has refused to confirm if the government can get the sufficient raw material supplies in time to keep...

US president Donald Trump caved in on Wednesday, after the financial world reacted in fear and dread over the rapidly unfolding collapse of the...

CHINA yesterday accused the White House of ‘bullying practices’ after Donald Trump imposed 104 per cent duties on Chinese goods into the US in...

ON Thursday night, the giant TV screen that looks down on the floor of the New York Stock Exchange spelt out the message ‘Trump...

YESTERDAY was dubbed ‘Awful April’ in the press, as millions of households throughout the UK were hit by massive price increases across the board...

AT THE end of January, $1 trillion was wiped off the value of America’s leading high-tech companies – the so called ‘Magnificent Seven’ –...

THE Congress of South African Trade Unions (COSATU) said on Friday that it joins millions of South Africans in honouring the 65th anniversary and...

THE PCS trade union has responded to Labour’s huge civil service cuts pronouncements. A shocked and shaken PCS said: ‘The impact of making cuts will...

Service Employees International Union (SEIU) members across the country have been holding demonstrations throughout the last week against the plans of US President Trump...

Dispatching British fighter jets to Ukraine ‘to police the skies against Russia above the Ukraine’, emerged as a planning proposal at Sir Keir Starmer’s...

ARGENTINA’S General Labour Confederation (CGT) will be staging a 24-hour general strike against the right wing government of Javier Milei, tentatively set for before...

FOLLOWING Prime Minister’s Questions session in Parliament on Wednesday left wing Labour MP Richard Burgon went on social media warning that Keir Starmer will...

THERE is no doubt that Labour’s proposed benefit cuts are a ‘violation of workers rights’ which will harm ill, disabled and poorer workers in...

The abolition of NHS England by merging it with the Department of Health, announced by Prime Minister Sir Keir Starmer on Thursday, is the...

CITY AM, the business and financial newspaper, published an opinion piece yesterday which included a lengthy quote from Karl Marx on the profound effects...

FEAR gripped the stockmarkets yesterday after Donald Trump first of all threatened to double tariffs on imports of steel and aluminium from Canada to...

Tens of thousands of youth, students and workers participated last Friday evening in fiercely anti-government marches and rallies, held in Athens and ten other...

THE Ukrainian leader Volodymyr Zelensky has said that he is willing to give up his war with Russia in the Ukraine, and is also...

AT midnight (US time) on Monday, US president Trump made good his threat to impose his long-threatened 25% trade tariffs on Mexico and Canada...

AT midnight (US time) on Monday, US president Trump made good his threat to impose his long-threatened 25% trade tariffs on Mexico and Canada...

History was written last Friday in Greece as truly colossal general strike rallies took place throughout the country when literally hundreds of thousands of...

ELON Musk’s chainsaw wielding stunt with Argentine President Javier Milei before a conservative convention in the US on Thursday was a call to war...

AS the world crisis of capitalism develops at breakneck speed, so the splits between the imperialist nations become more open, pitching the US against...

CARE staff who come to the UK from overseas are having to share beds with other workers, sleep rough, and pay huge fees to...

LAST week, the Bank of England issued a ‘gloomy’ outlook for the UK economy with its growth forecast cut in half from that made...

THE British Medical Association is warning that insufficient government funding for medical students in England for their lengthy degrees is pushing many into financial...

Amid a major slump in the German economy, the profits of the giant Deutsche Bank, the country’s largest, crashed a huge 92 per cent...

THE Hamas Movement has called on the US administration to rescind its proposals for Palestinian displacement and alternative homelands that align with Israeli plans...

THE cringing prostration of Labour prime minster Keir Starmer to US president Donald Trump finally paid off at the weekend when Trump condescended to...

LABOUR Chancellor Rachel Reeves is committing the Labour government to follow in the footsteps of US president Donald Trump by enthusiastically embracing policies to...

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...

The Guardian paper has published an exclusive report that revealed that Thames Water, the UK’s biggest water company, diverted cash meant to clean up...

ANALYSIS by the Royal College of Nursing (RCN) has found that over 32,000 student nurses in England could drop out of their courses by...

STUDENTS protested against the genocide in Gaza clashed with Italian police last Friday. The students reject ‘the war economy’ imposed by Giorgia Meloni’s ‘reactionary and...

Yesterday, the Confederation of British Industry (CBI) issued a warning to Labour’s chancellor Rachel Reeves that growth expectations amongst UK companies have taken ‘a...

THE Palestinian resistance movement Hamas on Wednesday hailed the ceasefire agreement forced on the Israeli regime, saying that it has shattered prime minister Benjamin...

Labour yesterday unveiled its much trailed ‘Get Britain Working’ plan, hailed by Starmer’s government as the  ‘biggest employment reforms in a generation’, to drive...

LABOUR Chancellor Rachel Reeves turned up at the annual conference of the Confederation of British Industry (CBI) yesterday to defend her autumn budget in...

THE STARMER Labour government is launching its war on the sick, the disabled and the unemployed, with the youth particularly targeted, as it brings...

THE NUMBER of people living in poverty in the UK has shot up to 16 million – the highest level since records began in...

The South African Federation of Trade Unions issued a statement on Friday to say they are extremely concerned that the unfolding situation in the...

PANIC has erupted in the UK government after economic data released on Thursday revealed that UK production crashed to just 0.1 per cent of...

ISRAEL’S extreme right wing finance minister, Bezalel Smotrich, on Monday ordered preparations for the Israeli annexation of the occupied West Bank ahead of Donald...

LABOUR prime minister Keir Starmer has met with French president Emmanuel Macron in Paris in a desperate attempt to find a way out of...

INTERNATIONAL financiers, hedge-funds and speculators took just one day to savage Labour Chancellor Rachel Reeves’ first budget on Wednesday with interest rates on UK...