Tag: banks

ON Monday, the Office for National Statistics (ONS) published its latest updated figures which showed that the average person now has £38 less to...

Resident doctors began five days of strike action yesterday following the overwhelming rejection, 83% to 17%, of Labour health secretary Wes Streeting’s latest pathetic...

THE British Medical Association (BMA) is calling on the Health Secretary, Wes Streeting, to focus his time and attention on offering a deal that...

Last week, the Bank of England issued another of its increasingly strident warnings that a ‘sudden correction’ in the value of major technological companies...

UNEMPLOYED youth are once again the number-one target for a Labour government, determined to slash the UK’s benefit spending. A year ago, Labour unveiled its...

GOVERNMENT plans to expand the use of ‘Orwellian’ live-facial recognition camera surveillance to every town and city in England and Wales will allow dangerous...

RUSSIAN leader Vladimir Putin said yesterday that ‘Europe is offering proposals for a “peace plan” for Ukraine that are unacceptable to Russia.’ He added that:...

PM Starmer’s latest policy U-turn, of abandoning the protection against unfair dismissal from day-one for new employees in the Employment Rights Bill, created a...

TWO major humanitarian alerts issued on Tuesday and Wednesday underscored the accelerating collapse of living conditions in the Gaza Strip, where tens of thousands...

LABOUR Chancellor Rachel Reeves announced National Insurance (NI) and income tax thresholds will be frozen for an extra three years beyond 2028 in her...

YESTERDAY’S ‘bombshell U-turn’ over PM Keir Starmer’s and Chancellor Rachel Reeves’ budget plans not to increase income tax has exposed the civil war in...

THE civil war in the top leadership of the Labour government erupted in public this week after briefings to the press from Prime Minister...

MAJOR splits have emerged in the Labour government Cabinet over PM Keir Starmer’s and Chancellor Rachel Reeves’s class-war plans to raise income tax rates...

‘What do we want? Fair Pay!’ ‘When do we want it? Now!’ chanted a mass picket of over 150 PCS strikers outside the British...

THE election of Zohan Mamdani as mayor of New York City on Tuesday has sent a massive shock wave throughout the administration of President...

NIGERIA’S Joint Health Sector Unions, JOHESU, and the Assembly of Healthcare Professionals (AHP) will take part in a national health strike from midnight on...

LABOUR Chancellor Rachel Reeves warned yesterday that she intends to launch the biggest ever attack on the working class, the youth and the Welfare...

THE British National Debt has almost tripled in the period between 2005 and 2025, outpacing all the other major capitalist states. Britain now has a...

Boeing workers in the International Association of Machinists and Aerospace Workers (IAM) union at three midwest plants where military aircraft and weapons are developed...

THE DEMANDS for the Labour government to slash all government spending on welfare is reaching a crescendo in the run-up to Chancellor Rachel Reeves’...

IN WHAT was described as a ‘historic first’, a UK navy destroyer, HMS Duncan, was placed under the direct command of NATO and ordered...

TRUE empowerment lies beyond the limits of capitalism, says SAFTU, the South African Federation of Trade Unions. A statement issued on Tuesday on behalf of...

DURING stock market trading last Friday more than £12.8bn was wiped off the value of the UK’s bank stocks as the rumours of ‘bad...

AMID world stock markets crashing, and the head of the IMF revealing she has ‘sleepless nights’ over the dangerous risks of collapses in the...

THE Institute for Fiscal Studies (IFS), an influential independent economic think-tank that dispenses ‘advice’ on financial matters to the government, has weighed in this...

THE JOINT annual meeting of the International Monetary Fund (IMF) and the World Bank is taking place in Washington this week under conditions of...

Senior NHS doctors declared a state of national emergency in the NHS yesterday as waiting lists soared, with thousands of patients being treated in...

THE Bank of England on Wednesday warned of a growing risk of a ‘sudden correction’ in the world stock markets. The massive Artificial Intelligence...

FRANCE’S Prime Minister Sébastian Lecornu was summoned back to the Élysée presidential palace in Paris on Monday afternoon just hours after his shock resignation...

HUNDREDS of thousands of workers and young people took to the streets across Italy on Friday in a general strike organised by the CGIL...

FRESH from the Labour Party conference on Thursday, the Prime Minister Kier Starmer was forced to condemn the ‘shocking’ racism and misogyny in the...

THE Labour Mayor of Manchester, Andy Burnham, in an interview with The Daily Telegraph newspaper yesterday said that many Labour MPs have been privately...

SPIRALLING public spending and interest payments on government debt have forced Chancellor Rachel Reeves to borrow £18 billion last month, the highest August figure...

US President Donald Trump rolled into Britain on Tuesday night, his second state visit as President, to bask in the adulation of PM Keir...

RTE, Ireland’s national broadcaster, announced on Thursday that Ireland will not take part in next year’s Eurovision song contest if Israel is a contestant,...

EARLY yesterday morning, Labour’s Foreign Office released a statement that announced the sacking of Peter Mandelson as the UK ambassador to the United States...

THE forced resignation of Angela Rayner as Labour’s Housing Secretary and Deputy Prime Minister on Friday has been seized by Keir Starmer as an...

THE annual conference of the Trades Union Congress (TUC) that starts this Sunday in Brighton is taking place as British capitalism is crumbling under...

ONE MILLION YOUTH aged 16-24 are no longer in employment, education or training, the latest figures show! The Centre for Social Justice said last week...

PRESIDENT Emmanuel Macron gave his support to Prime Minister François Bayrou at a cabinet meeting yesterday, as France is bracing for fresh political turmoil...

DOZENS of Palestinian children staged a protest on Monday to deliver an ‘urgent appeal to stop the killing of Gaza’s children’ to international community...

THE September strikes by RMT union members on London’s underground system are just the latest challenge to the super-austerity policies of PM Keir Starmer’s...

THE INTERNATIONAL Monetary Fund (IMF) has issued a dire warning to Labour Chancellor Rachel Reeves that she must take ‘unpopular’ decisions to halt British...

US PRESIDENT Donald Trump is reportedly putting pressure on regulators to allow government bonds, known as Treasuries, be exempt from risk calculations. Economists have warned...

ALMOST 50,000 resident (junior) hospital doctors started their 5-day strike yesterday against the government’s refusal to fund their claim for a pay increase of...