Tag: banks
Lebanon and Iraq erupt as masses demand political overthrow of their...
LEBANON erupted over the weekend with renewed clashes between thousands of demonstrators and security forces on Sunday following violent clashes in Beirut on Saturday...
Ban Pay ‘Gagging Clauses’ Says TUC
NEARLY a fifth (18%) of workers have been told they’re not allowed to discuss their pay with co-workers, according to new TUC/GQR polling published...
LEBANESE REVOLUTION! – masses opposed to all sectarianism
HUNDREDS of people have been wounded in Beirut after security forces used tear gas and water cannon to disperse crowds of anti-government protesters trying...
A Capitalist Nightmare Confronts The Bosses As Economic Collapse And Revolution...
THIS week the Daily Telegraph has published a supplement ‘The Investors’ Handbook 2020’ subtitled: ‘Rising protectionism, negative interest rates, equity bubbles, debt mountains, trade...
250 million strong India strike!
OVER 250 million workers staged a day-long general strike in India last Wednesday, and demonstrated their opposition to the government of Narendra Modi.
Banking and...
World Bank Report – capitalism stands on brink of financial crash
THE WORLD stands on the brink of a financial crash according to the latest biannual Global Economic Prospects report from the World Bank.
This warns...
The Unity Of The Working Class With The Oppressed Nations Is...
IRAN launched a multiple missile attack against two bases in Iraq that contain US troops and other coalition forces on Wednesday night in retaliation...
Central Banks to increase global debt timebomb with QE
CENTRAL banks in America, Europe and Japan are on the verge of printing and handing out to their banks hundreds of billions of pounds...
WORKING CLASS MUST TAKE POWER IN 2020! New Year’s Day...
THE News Line Editorial Board sends revolutionary greetings for 2020 to all our readers, and to the working class, youth and the poor who...
FBU pensions victory sets precedent for all public service workers
THE FIRE Brigades Union (FBU) won a massive victory not only for their members but for all public service workers when the employment tribunal...
Tories declare war on trade unions – defend the right to...
TODAY’S Queen’s speech includes plans by the Tories to make all-out strikes by rail unions and other transport workers illegal.
Tory transport secretary Grant Shapps...
Forcing Boeing to halt 737 Max production threatens to crash US...
THE GIANT US aircraft manufacturer Boeing has finally called a halt to all production of its 737 Max aircraft after the Federal Aviation Administration...
French General Strike escalates in fight to bring down Macron
THE MASS strikes and demonstrations throughout France today mark the sharp escalation of the confrontation between French workers and the ‘bankers’ government of president...
Labour Reformism Is Rotten To The Core – The Working Class...
LABOUR’S defeat in the 2019 general election is a historic one, since its central feature was the way that the safest Labour seats in...
‘When we win power, it will be to give it to...
SPEAKING at a press conference on the ‘first hundred days’ of a Labour government, Shadow Chancellor of the Exchequer, John McDonnell, pledged: ‘So let...
Labour’s first 100 days will see the working class using its...
LABOUR’S shadow chancellor, John McDonnell, delivered a speech yesterday laying out the priorities for the first 100 days of a Labour government.
Within 100 days...
Cotton Goes, But Savage Fire Cuts Continue – Workers Councils Of...
YESTERDAY, the London Fire Brigade’s (LFB) commissioner, Dany Cotton, announced that she was resigning from her post four months early.
Cotton came under sustained criticism...
SUPPORT BUILDS UP FOR LEFF – as Labour brings out its...
‘I SUPPORT Jonty Leff,’ Gideon Woldeslassie said yesterday morning, referring to the campaign to elect the Workers Revolutionary Party candidate as MP for Hackney...
Judge Dismisses CWU Appeal In A Few Minutes – Time For...
IT TOOK just minutes yesterday for three High Court judges to hear and dismiss an appeal by the postal workers union (CWU) against an...
No Deal Brexit Is Only Way Forward
LABOUR leader Jeremy Corbyn, yesterday displayed ‘unredacted documents’ about secret US-UK government trade talks putting the NHS on the table in any future post...
Unions For Cuba Conference
ON Saturday 2 November, more than 200 trade unionists and activists attended CSC’s Unions for Cuba conference at the NEU headquarters in London.
The largest...
‘A Revolution In Britain Will Be A Decisive Step In The...
‘THIS ISN’T a general election, it’s a general strike building up,’ News Line editor Jonty Leff told Sunday’s powerful over 100-strong News Line Anniversary...
Celebrate the News Line and build the WRP to bring in...
JONTY LEFF News Line editor told the News Line 50th Anniversary Rally, ‘TODAY we celebrate 50 years of the News Line, the only daily...
Corbyn’s Programme Without The Working Class Taking Power Is A Reformist...
JEREMY Corbyn launched the Labour Party’s Manifesto for the upcoming general election yesterday claiming it is ‘a manifesto for hope that will bring real...
Tory And Labour Leaders Reveal Their Feet Of Clay In Their...
THE TORY and Labour Party leaders, Johnson and Corbyn, revealed their feet of clay during their first general election debate on Tuesday night, when...
VOTE WRP DECEMBER 12th
WRP parliamentary candidate for Camberwell and Peckham Joshua Ogunleye had a warm welcome for his socialist policies at the London College of Arts Camberwell...
Furious Postal Workers Are Now Ready For Decisive Action!
THE CWU stands absolutely united in its anger at the Royal Mail bosses and the ruling class’ High Court following Wednesday’s ‘outrageous’ decision to...
‘The corporate structure of care homes … hides profits, avoids tax...
SOME of the Big 26 care home providers make use of ‘complex company structures’ is the finding of a report from the Centre for...
Corbyn’s Balancing Act Faces Its Moment Of Truth!
THE ABRUPT decision by Brexit Party leader Nigel Farage not to contest the 317 seats held by the Tories in the general election means...
Anc Government Is Seeking To Make Public Sector Workers Pay For...
AGAINST a background of economic collapse with unemployment rising to nearly 30 per cent, the ANC government of South Africa, driven by the Treasury,...
Great support for Southall WRP candidate!
THE Elect Hassan Zulkifal WRP Ealing Southall campaign got great support on Southall Broadway yesterday.
Heathrow Airport worker and GMB member Kutesh Sashikint said: ‘I...
McDonnell rejects socialist policies of mass nationalisation of industry in favour...
LAST Thursday, Labour shadow chancellor John McDonnell outlined Labour’s economic policy for the general election which amounted to piling even more debt on the...
McDonnell pledges £500bn investment – as deputy leader Watson quits
‘WE STAND in the best tradition of British socialism,’ Shadow Chancellor Labour’s John McDonnell said to cheers, outlining yesterday Labour’s economic policy for the...
VOTE WRP ON DECEMBER 12! BREAK WITH THE EU! FORWARD TO...
THE DECEMBER 12th election is a crisis election, in a situation where the worldwide crisis of capitalism is deepening rapidly to explosion point. Eleven...
Corbyn must dump ‘Remain’ and insist on socialist policies to win...
TUESDAY night’s vote in parliament calling a general election on December 12 revealed that the Labour Party is split from top to bottom.
In the...
Majority of world banks ‘not economically viable’ according to report
THE INTERNATIONAL management consultancy firm McKinsey & Company has published a global banking review which found that the majority of banks worldwide ‘may not...
The EU Remains In Charge As All Parties Await Its Decision...
THE EU is definitely still in charge of Brexit and the ‘Brexit debate’.
MPs await its decision today after Tory leader Johnson dumped the ‘no...
EU tightens the screw! – Johnson dumps ‘do or die’
EU ambassadors yesterday agreed to delay Brexit, but will not make a decision on a new deadline date until next Monday, just three days...
World Crisis driving world revolution – Build the Fourth International!
LAST week it was the turn of the International Monetary Fund (IMF) to issue its latest warning that world capitalism is on the point...
Labour MPs must vote to break from the EU today, and...
ON THURSDAY morning, the President of the European Commission Jean-Claude Juncker and Tory PM Johnson announced a Brexit deal. After three years, the EU...
Johnson and EU agree new Brexit deal!
YESTERDAY morning the President of the European Commission and Tory PM Johnson announced that they had agreed a Brexit deal. That deal now has...
Latest IMF report – Corporations in US, Britain and Europe facing...
THE INTERNATIONAL Monetary Fund (IMF) this week produced its latest Global Financial Stability Report, its half-yearly analysis of the state of the world’s banks...
Call A National All-Out Postal Strike To Renationalise The...
ON MONDAY, it was announced that over 97% of Communication Workers Union (CWU) members working in Royal Mail had voted for national strike action...
‘Moreno A Hypocrite And Traitor! People’s Blood Non-Negotiable!’
‘Lenin Moreno Hypocrite and traitor – the blood of the people is not negotiable,’ shouted over a hundred Ecuadorians and their supporters outside the...
New head of IMF warns $19 trillion debt time bomb will...
THE NEWLY-appointed head of the International Monetary Fund (IMF) this week issued the starkest warning yet that world capitalism is on the point of...
Both EU and US sending coalitions to Gulf!
EIGHT EU nations: France, Germany, Belgium, Denmark, Italy, Greece, the Netherlands and Portugual will support a European-led naval mission in the Strait of Hormuz,...
