Tag: banks
Recession-hit UK and EU diving into economic crash while Trump declares...
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...
Imperialist illusions of reshaping the Middle East are shattered – forward...
THE Palestinian resistance movement Hamas on Wednesday hailed the ceasefire agreement forced on the Israeli regime, saying that it has shattered prime minister Benjamin...
Answer Labour’s war on benefits with a general strike to kick...
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...
CBI bosses turn on Labour for not hitting working class harder
LABOUR Chancellor Rachel Reeves turned up at the annual conference of the Confederation of British Industry (CBI) yesterday to defend her autumn budget in...
Starmer Launches War On Benefits And Youth!
THE STARMER Labour government is launching its war on the sick, the disabled and the unemployed, with the youth particularly targeted, as it brings...
Millions of UK households and children driven into poverty by bankrupt...
THE NUMBER of people living in poverty in the UK has shot up to 16 million – the highest level since records began in...
Hundreds of South African miners are trapped underground – SAFTU demands...
The South African Federation of Trade Unions issued a statement on Friday to say they are extremely concerned that the unfolding situation in the...
UK capitalism is heading for a crash. Socialist revolution is 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 finance minister orders preparations for the Israeli annexation of occupied...
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...
Starmer and Macron plot with Biden for an all-out war between...
LABOUR prime minister Keir Starmer has met with French president Emmanuel Macron in Paris in a desperate attempt to find a way out of...
British capitalism faces a financial disaster and economic collapse
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...
Socialist revolution only answer to capitalist debt crisis
RACHEL Reeves is due to deliver her first Autumn Budget as Labour Chancellor next Wednesday, and is already promising ‘tough decisions’ on cuts and...
Starmer and Streeting declare war on NHS – TUC must be...
KEIR Starmer and Labour Health Secretary Wes Streeting yesterday launched a ‘public consultation’ on their plans to transform the NHS from ‘analogue to digital’ in...
Starmer apes Tory promises of a ‘bonfire of regulations’ to open...
STARMER pledged the Labour government would slash red tape in his speech to the billionaire investors and bankers who gathered in London yesterday at an...
300,000 march on Downing Street for Palestine. TUC must call a...
THE Palestinian factions are standing fast! They have said that they will not sign any agreement or deal unless the people’s demands are achieved,...
US imperialism is discussing Israeli air strikes on Iran’s oil industry!
CLEARLY rattled by Iran’s 180-strong missile barrage, fired at Israel in retaliation for Tel Aviv’s genocidal war on Gaza, the West Bank and Lebanon,...
Imperialist wars engulf Middle East region and the world’s bankers start...
THE governor of the Bank of England, Andrew Bailey, yesterday told The Guardian newspaper that the Bank is watching developments in the ongoing war...
Starmer out! General strike from Oct 7th to defend winter fuel...
FRESH from his defeat at the Labour Party Conference by the successful vote against his policy to scrap the winter fuel payment to pensioners,...
Labour conference exposes bankruptcy of Starmer’s government – now is the...
THE speech by Labour’s Chancellor Rachel Reeves to the party’s annual conference on Monday was nothing more than an appeal to the international financial services...
General Strike from October 10th to support Palestine and go forward...
THIS year’s British TUC Congress in Brighton from 8-11 September took key decisions to align trade unions with the pro-Palestine, pro-peace and anti-war movements,...
The stark reality of growing up in poverty!
In June 2024, the charity Buttle UK concluded an extensive project to explore the lived experiences of children, young people, and families grappling with...
With capitalism in crisis, and the NHS being knifed by Starmer...
THE immediate ending of the pensioners’ Winter Fuel Allowance was necessary to prevent an economic collapse and a run on the banks, declared Lucy...
Grenfell Tower Deaths Were Avoidable – Time To Nationalise The Banks...
THE Grenfell Tower fire that killed 72 people was the result of ‘dishonest companies, successive governments, and a lack of strategy by the fire...
GENERAL STRIKE SWEEPS ISRAEL – then Labour Court rules it illegal
YESTERDAY’S General Strike across Israel was pronounced illegal by the Tel Aviv Labour Court, which ordered the Histradut union organisation to call it off...
Bankrupt Britain Is On The Rocks! Now Is The Time To...
JUST 50 days after being elected with an unassailable landslide 141-seat majority, the Labour government has replaced the hated Tory austerity cuts with Labour...
Israel has killed 1.8% of Gazans in the last 10 months
The Palestinian Central Bureau of Statistics reported this week that the Israeli occupation forces have killed, in the ongoing genocide war on the Gaza...
Defend university education! Forward to the British socialist revolution!
‘LET THEM FAIL!’ declared yesterday’s Daily Telegraph in response to repeated calls for emergency government funding to rescue endangered English universities as the economic...
Working class is more powerful than right wing mobs and the...
WEDNESDAY night was promoted as the night the right-wing mobs would take over the streets of Britain, burning Mosques and hotels that have housed...
Revolution At Home And Abroad – Victory To Hamas And To...
THE appointment of Yahya Sinwar as the new political leader of the Palestinian resistance movement Hamas, after the Israeli assassination of Ismail Haniyeh, has...
Bangladesh workers and students ‘lay siege to Dhaka!’
At least 76 people were killed, including 14 police officers, and dozens more injured in a new round of violence in Bangladesh over the...
Millions must march for Palestine on Saturday August 3 – They...
A FORMER Lebanese lawmaker Naser Kandeel said on Wednesday that Israeli Prime Minister Benjamin Netanyahu’s recent visit to the US featured a planned coordination...
Labour Chancellor Rachel Reeves declares war on workers to rescue British...
ON MONDAY, the new Labour Chancellor Rachel Reeves announced her shock and horror that no one had told her about a £22 billion ‘black...
Labour under Starmer, and UK capitalism are heading for state bankruptcy!
THE capitalist press is currently trumpeting the latest news from Labour Chancellor Rachel Reeves, that she is set to unveil a £19bn black hole...
Seven Labour MPs Have The Whip Suspended After Voting To Scrap...
SEVEN Labour MPs have had the whip suspended for six months after voting against the Labour government on an amendment to scrap the two-child...
‘Western countries preparing for direct conflict with Russia’ – warns Serbian...
WESTERN countries are actively preparing for a direct conflict with Russia, says Serbian President Aleksandar Vucic. Vucic told the Pink TV channel: ‘The West would...
Don’t withhold the Palestinian revenues urge Nordic nations!
THE Nordic nations have voiced serious concerns over the withholding of Palestinian clearance revenues, further straining the already difficult fiscal situation of the Palestinian...
Disarm imperialism through the victory of the world socialist revolution!
LAST week the Federal Reserve Bank of New York published a whole series of blogs on its website warning that the entire US banking...
Organising Socialist Revolution Is The Only Way Out Of The...
THE decision by the Bank of England to keep interest rates at 5.25%, the highest level for 16 years, came as no surprise despite...
Myanmar’s trade unions facing a brutal regime
MYANMAR’s trade unions are facing brutal retaliation in the fight for democracy, says Khaing Zar Aung, the President of the Industrial Workers Union of Myanmar. Democratic...
Labour’s ‘business friendly’ manifesto is declaration of war on the working...
LABOUR leader Keir Starmer launched the party’s ‘business friendly’ election manifesto in Manchester yesterday morning with the promise that a Labour government would put...
Wrp General Election Manifesto
ISRAEL’s genocidal war on Gaza, killing over 36,000 Palestinians including over 15,000 children, has had a huge impact throughout the world and has created...
Socialist Revolution is the only real answer to the capitalist crisis!
NEARLY one million people in Britain are just £10 away from falling into poverty according to the new analysis from the leading poverty charity,...
RCN declares ‘national emergency’ in the NHS over ‘corridor care’!
THE Royal College of Nursing (RCN) acting general secretary, Professor Nicola Ranger, opened the union’s annual conference yesterday declaring a ‘national emergency’ in the...
Ex-President Zuma barred from standing for SA Parliament
South Africa’s highest court has barred former President Jacob Zuma from running for parliament in next week’s general election. The Constitutional Court ruled on Monday...
Assange wins High Court ruling
THE HIGH Court in London yesterday ruled in favour of WikiLeaks founder Julian Assange’s right to appeal against the UK court ruling approving his...