Tag: banks
Starmer government returns to PFI in attempt at mass privatisation of...
LABOUR Chancellor Rachel Reeves has commissioned a research paper from the British Infrastructure Taskforce, a group made up of major private investors, to investigate...
The Bank Of England Dumps Its Regulations And Moves To Print...
THE BANK OF ENGLAND is now paving the way for the release of billions of pounds of paper currency into the collapsing UK economy...
Trump ‘begging for a deal’ at peace plan talks with Iran!
THE Iranian foreign ministry denounced the attack carried out by the US early on Tuesday morning as ‘an act of bad faith’ and a...
Nurses are ‘not afraid to strike’ for the promised pay upgrades...
NURSES are ‘not afraid to strike’ over promised pay upgrades, the Royal College of Nursing union warned James Murray, the new Labour Health Secretary...
As The Crisis Deepens It Is Time To Nationalise The Banks...
THE Governor of the Bank of England, Andrew Bailey, has just issued a warning to the Chancellor Rachel Reeves against capping supermarket food prices. He...
IMF warns Labour must carry on with cuts to satisfy the...
The International Monetary Fund (IMF) this week joined in the chorus of bankers, speculators and capitalist financiers warning the Labour government that it must...
The unions must call a general strike to bring in a...
ANDY BURNHAM’S bid to challenge PM Keir Starmer for the Labour Party leadership late Thursday, following Wes Streeting’s resignation as Health Secretary, has ignited...
Labour’s political crisis accelerates the collapse of weak UK capitalism
THE ECONOMIC collapse of weak British capitalism has been accelerated this week by the political ‘death spiral’ of Labour Prime Minister Keir Starmer. At yesterday’s...
TUC must call a general strike to kick out Starmer’s Labour...
Prime minister Keir Starmer delivered what was described as a make-or-break speech yesterday morning in an increasingly desperate attempt to cling on to power...
Economists warn US-Israeli war on Iran will push a further 200,000...
THE UK economic think-tank, the National Institute of Economic and Social Research (Niesr), this week issued yet another warning that the US-Israeli war on...
Get ready for the crash – capitalism is ringing the alarm...
ALARMED by the impending crash of over-valued world stock markets, the deputy governor of the Bank of England (BoE) warned investors yesterday to prepare...
Labour splits apart as MPs turn on Starmer
STARMER’S government is splitting apart, as Labour MPs turn on the prime minister, accusing him of creating a ‘toxic culture’, after the latest development...
TUC must call general strike to kick out Starmer’s Labour government...
PRIME minister Keir Starmer appeared before the House of Commons on Monday to try to placate Labour MPs and the public over the crisis...
As crisis engulfs Starmer – time for a general strike in...
THE political crisis engulfed Labour PM Keir Starmer yesterday over ‘being incompetent, gullible or a liar’, and misleading parliament over the appointment of Peter...
Revolution in Ireland and Britain!
IRELAND this week has erupted in a confrontation between workers and the Irish government over soaring diesel and petrol prices resulting from the US-Israeli...
The shadow bank collapse will ‘destroy Trump presidency!’
THE rapidly developing crisis within the so-called ‘shadow banking’ industry will result in a massive and dramatic catastrophe that has the power to ‘destroy...
Turn the imperialist war into a civil war to put an...
US PRESIDENT Trump has hailed as ‘one of the most daring search and rescue operations in US history’ the extraction of the injured weapons...
Bond market shock risks bankrupting the UK – It’s time to...
FIVE WEEKS ago, falling interest rates seemed a certainty after Andrew Bailey, the Governor of the Bank of England, had signalled that lower borrowing...
Bank Of England Issues Warning – The UK Is...
THE Bank of England has issued a warning that Britain faces a financial crisis that would see households battling against much higher borrowing costs...
TUC must recall Congress to call a general strike to bring...
LABOUR Party leader and Prime Minister Sir Keir Starmer has given the BMA doctors a 48-hour ultimatum that they must call off their ‘reckless’...
Oil crisis plunging Capitalism into global recession
YESTERDAY the BBC published on its website an interview with Larry Fink, boss of the US financial giant BlackRock, in which he gave the...
‘Tanks not Welfare’ demands the capitalist class. Bring them down with...
HUNDREDS of thousands of Iranians marched defiantly in Tehran and other Iranian cites yesterday in solidarity with Palestine against Israeli genocide, for a Palestinian...
Forward To The British Socialist Revolution! And The World Socialist Republic!
HOME SECRETARY Shabana Mahmood has issued a ban on what she calls a ‘hate march’, that is the Al Quds Day Protest on Sunday...
Iran’s Supreme Leader Ali Khamenei murdered in a bombing raid by...
IRAN’S Supreme Leader Ali Khamenei has been killed and in fact murdered in a major assault on Iran by Israel and the United States,...
‘Every day Trump is pushing to pit working people against each...
TRUMP’S rosy picture is disconnected from workers’ reality, the AFL-CIO trade union federation says. Tuesday’s statement from AFL-CIO President Liz Shuler on President Trump’s State...
IBM shares plunge over fears of an artificial intelligence bubble
INTERNATIONAL Business Machines (IBM), the giant US manufacturer of corporate computers suffered a massive drop in its share price on Monday as panic surrounding...
Time for the TUC to call a general strike to kick...
LORD Peter Mandelson was arrested on Monday and released on bail pending further investigations early yesterday morning. The former Labour minister, US ambassador and the...
Imperialists Getting Ready To Attack Iran – It Is Time For...
A WHITE HOUSE official warned yesterday that the US military is 99 per cent certain to launch a massive military attack on Iran ‘to...
Time To Force The Tuc Off Its Knees – Forward To...
AN article in yesterday’s Daily Telegraph delivered a sharp wake up call to the TUC and the trade union leaders who cling to the...
US forces seize Venezuelan tanker in Indian Ocean!
THE US military boarded another tanker in the Indian Ocean carrying Venezuelan oil, the Pentagon has said, in the latest escalation of Washington’s sanctions enforcement...
German and UK military chiefs say ‘we must rearm’ and prepare...
BRITAIN and Germany’s highest ranking military chiefs have just made an unprecedented joint appeal to the workers of Europe to accept the ‘moral case’...
General strike to defend the NHS
NHS trade unions have slammed the ‘poverty’ 3.3 per cent NHS pay ‘deal’ which was imposed on NHS workers by the government on Thursday,...
Marches for Gaza across the world
Many world capitals witnessed on Saturday demonstrations denouncing Israel’s ongoing violations of the ceasefire agreement in Gaza, calling for an end to the war...
The time has come to organise the British socialist revolution!
THE abject and grovelling performance of PM Keir Starmer in parliament on Thursday succeeded in uniting Labour and Tory MPs who howled with rage...
Mediterranean dockers strike for Palestine!
IN THE port of Piraeus, the ADEDY (public sector federation of trades unions) and the Piraeus Trades Council have called an anti-war 24-hour strike...
US dollar is in free fall – now is the time...
GOLD prices fell back five per cent on Thursday after peaking at a record $5,500 an ounce on Monday as speculators took their profits...
Iran rebuffs Israel’s use of Hitler’s ‘Big Lie’ technique
IRANIAN Foreign Ministry spokesman Esmail Baghaei says the Israeli media is running a campaign of fabricated stories regarding casualties in recent terrorist riots in...
Labour splits apart as Starmer fights for survival
THE civil war that has been simmering within the Labour Party erupted this weekend following the decision by Labour’s ruling National Executive Committee (NEC)...
Ringleaders of foreign-backed riots arrested in Iran!
The Islamic Revolution Guards Corps (IRGC) forces have identified and arrested ringleaders and terrorist elements involved in the recent foreign-linked riots in Iran’s southwestern...
UK, US And EU Workers And Youth Must Support Iranian Revolution...
FRESH from his failure to grab Greenland US President Donald Trump has turned his attention to the Iranian Revolution and issued his warning to...
Iranian masses mobilise against US-Israeli aggression
FRESH from his failure to grab Greenland US President Donald Trump has turned his attention to the Iranian Revolution and issued his warning to...
Trump turning US into a ‘banana republic’ after threats of criminal...
US PRESIDENT Donald Trump was accused of turning the US into a banana republic over the threat of legal charges being brought against the...
3-million-strong Tehran rally!
IRAN’S President Masoud Pezeshkian yesterday hailed the ‘magnificent and epic’ presence of millions of Iranians in nationwide rallies on Monday. In a message to the...
US imperialism is on collision course with the rest of the...
IMMEDIATELY following the US illegal attack and kidnapping of Venezuelan president Nicolas Maduro last Friday, the Trump administration has placed US imperialism on a...
Trump Wants Military Action To Seize Greenland! Trade Unions Must...
THE White House has announced that US President Donald Trump is considering using the US military to grab Greenland as a ‘national security priority...