Tag: banks
Palestinian prisoners boycott Israeli military courts
HUNDREDS of Palestinian prisoners languishing in Israeli jails have been boycotting the regime’s military courts for 16 consecutive days now, in protest against Israel’s...
700,000 London families plunged into fuel poverty
THREE quarters of a million families in London will be plunged into fuel poverty after energy bills spiral by as much as 50% in...
Tory Party Crisis Deepens – Time For The Trade Unions To...
THE TUC trade unions have a duty, and have the power to end the death agony of the Johnson government. Even bankers have remarked...
Energy bills and rent through the roof! Benefits cut! Wages cut!...
GAS and electricity prices have gone through the roof leaving families unable to pay their bills, with hundreds of thousands sitting in freezing cold...
US inflation rockets up – world sitting on a ‘time bomb’
US INFLATION rate hit 7% last month – the highest since Ronald Reagan was president in 1982 – making it the seventh consecutive month...
PM HELD ILLEGAL DRINKS PARTY – while millions were under lockdown
PM JOHNSON yesterday apologised for attending an illegal drinks party in the Downing Street garden while millions of people were under lockdown, and making...
IMF warns of impending capitalist crash – world revolution the only...
THE International Monetary Fund (IMF) yesterday warned that the massive surge in US inflation driving the Central Federal Reserve Bank (Fed) to push up...
150,000 Deaths – Tories Put The Bosses First – They Refuse...
THE BMA yesterday condemned the 150,000 Covid deaths, so far, since the start of the pandemic. The reason for the mountain of corpses is...
World Revolution In 2022!
New Year’s statement by the News Line Editorial Board
THE NEWS LINE Editorial Board sends revolutionary greetings for 2022 to all our readers and to...
Strike wave hits UK as workers rise up against bankrupt capitalism!
AS CHRISTMAS approaches, the strike wave sweeping Britain is far from abating, in fact it is growing in strength and determination by the day...
Omicron strain batters USA as President Biden seeks to divert US...
THE Omicron strain of the Coronavirus now accounts for more than 73% of new US cases of Covid-19, up from 13% just a week...
Inflation rips through Europe as working class rises up over wages
EMPLOYEES at the European Central Bank (ECB) are the latest to join workers across Europe in demanding wage increases to meet the spiralling inflation...
Frost Quits Cabinet As Tory Party Crisis Deepens And Police Clash...
LORD FROST has delivered a heavy blow at the John- son government with his resignation letter of last Saturday.
He wrote: ‘You know my concerns...
North Shropshire Disaster For Tories – Pm Johnson Facing Sack!
THE Tory Party has lost the ‘farming country’ North Shropshire seat’ that it has held for nearly 200 years to the Liberal Democrats, in...
Johnson Government Cannot Defeat The Covid Virus Because It Puts The...
THE JOHNSON government is now paying the price for refusing to follow the example of China by organising a national lockdown, with no loss...
Labour-Tory Crisis Deepens As Covid-19 Omicron Variant Races Ahead Infecting...
WITH the North Shropshire by-election looming on Thursday, just two days after the vote in Parliament on Boris Johnson’s Plan B to try and...
Tories rejected scientific advice in order to keep capitalism open at...
TORY science minister George Freeman admitted yesterday that the government had rejected the advice of its own experts at SAGE over restrictions designed to...
US expansion of sanctions is a ‘major obstacle’ – says Iranian...
IRANIAN Foreign Minister Hossein Amir-Abdollahian says the United States expanding sanctions against Iran, is a major obstacle to the Vienna talks aimed at putting...
Economic and political collapse of British capitalism – socialist revolution the...
THE KNIVES are out for Tory prime minister Boris Johnson after his disastrous performance over sleaze, U-turns over social care and now his bizarre...
Goldsmiths launch 3-week strike
LECTURERS and staff took on Goldsmiths College higher management yesterday launching a bold and powerful three week strike against redundancies and the axing of...
‘We hail the struggle of the Palestinian workers and youth’ ...
NEWS LINE Editor Jonty Leff told the News Line 52nd Anniversary Rally on Saturday: ‘We hail the struggle of the Palestinian workers and youth.
‘We...
‘We are meeting at the point of a worldwide explosion of...
‘WE ARE meeting today in a period where the world crisis of capitalism has reached the point of explosion,’ All Trades Unions Alliance National...
Bank of England – workers must pay for capitalist inflation –...
NOT TO WORRY about spiralling inflation, MPs were told on Monday by senior members of the Bank of England, as the soaring cost of...
Parliament Is Up To Its Neck In Sleaze – It Must...
EX-TORY MP Owen Paterson has been a paid consultant for clinical diagnostics company Randox since 2015, and for meat distributor Lynn’s Country Foods since...
Working class erupts as inflation rips through Europe – build sections...
EUROPE has erupted in strikes as workers rise up against raging inflation which is driving down living standards to poverty levels across the EU.
Germany,...
RMT victory in ScotRail dispute shows the way forward for working...
ON WEDNESDAY, the RMT transport union members won a massive victory in their fight against the ‘pitiful’ pay offer from ScotRail.
RMT members at ScotRail,...
Huge Tax Cuts For The Bosses – In Sunak’s War Against...
‘FAMILIES hit by the cost of living crisis, business hit by a supply chain crisis, those who rely on our schools and our hospitals,...
Sunak Budget – tax cuts for banks and corporations – poverty...
TORY chancellor Rishi Sunak yesterday unveiled the government’s spending plans in a budget he billed as preparing the country for a new ‘age of...
US economy has crashed into recession – time to put capitalism...
THE US, the most powerful economy in the world, has already crashed into a recession that will shatter the capitalist world.
This is the inescapable...
Bank of England poised to raise interest rate as inflation spirals...
THE GOVERNOR of the Bank of England, Andrew Bailey, has issued the starkest warning that the UK economy faces a massive inflationary spiral and...
Nationalise The Energy Companies – The TUC Must Call A General...
MICHAEL Saunders, a member of the Bank of England’s Monetary Policy Committee (MPC), is warning that households, and million of workers must brace themselves...
Sunak’s speech a declaration of war on workers to make them...
TORY Chancellor Rishi Sunak in his speech to the Tory Party conference yesterday pledged to ‘double down’ on his plans to resuscitate drowning British...
British capitalism hit by unending crisis – put it out of...
WITH the petrol stations closing, British capitalism suffered another shock yesterday when it was announced that the UK’s second biggest oil refinery is on...
‘There is no fuel shortage,’ says Shapps as the bosses shut...
THERE is ‘no shortage of fuel’ and people should be ‘sensible’ and only fill up when they need to, Transport Secretary Grant Shapps said...
Put an end to bankrupt capitalism! Forward to the victory of...
THE CRISIS of capitalism is now acute. It has reached the point of explosion, with its very life blood – gas and electricity now...
A further half a million will be in fuel poverty! warns...
‘THERE is absolutely no question of the lights going out,’ Kwasi Kwarteng, Tory business secretary claimed yesterday
He was making a statement after a number...
400 angry leaseholders rally at Parliament – they demand property owners...
OVER 400 angry leaseholders from the End Our Cladding Scandal campaign, the National Leasehold Campaign rallied in Parliament Square last Thursday demanding an end...
Bank of England under pressure as inflation runs riot – socialist...
THE UK INFLATION rate hit a nine-year high in August with prices increasing by 3.2%, a sharp increase from the 2% recorded in July,...
Tories prepare for perfect storm of anger from workers – General...
AS THE annual conference of the TUC, this year conducted on-line, opens, the GMB union released analysis of official data showing that 100,000 care...
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...
ANC workers demonstrate – two months without pay!
AFRICAN National Congress (ANC) workers are continuing protesting outside party headquarters at Luthuli House in Johannesburg demanding fair labour practices and salary payments.
The ANC...
The only way to ‘fix’ the care system crisis is to...
TORY PM Boris Johnson yesterday unveiled his strategy for ‘fixing’ the country’s ‘broken social care system’.
Central to his plan is to increase National Insurance...
Wall Street heading for a crash
THE US Wall Street is fast heading for a crash according to the Bank of America (BoA) as the huge speculative bubble on the...
Socialist revolution the answer to capitalist crisis
ONE SURE SIGN that capitalism is rapidly heading for an economic crash of historic proportions is the regularity in which increasingly desperate articles are...
Gaza siege ‘creates an atmosphere of escalation and explosion’ says...
THE PALESTINIAN resistance movement Hamas says the Israeli regime must be held fully accountable for any consequences of tightening the years-long all-out siege on...