Tag: banks

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 had the whip suspended for six months after voting against the Labour government on an amendment to scrap the two-child...

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...

THE Nordic nations have voiced serious concerns over the withholding of Palestinian clearance revenues, further straining the already difficult fiscal situation of the Palestinian...

LAST week the Federal Reserve Bank of New York published a whole series of blogs on its website warning that the entire US banking...

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 are facing brutal retaliation in the fight for democracy, says Khaing Zar Aung, the President of the Industrial Workers Union of Myanmar. Democratic...

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...

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...

NEARLY one million people in Britain are just £10 away from falling into poverty according to the new analysis from the leading poverty charity,...

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...

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...

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...

Some of the United States’ biggest banks have underwritten billions of dollars in Israel bonds, including a substantial amount of $8 billion (£6.4 billion) in March...

FACED with an £18 billion debt mountain, the privatised Thames Water company yesterday set out its survival plans that involve increasing bills to £627...

THIS week, Tory Chancellor Jeremy Hunt jetted off to Washington to attend the spring meeting of the International Monetary Fund (IMF), with the stated...

YESTERDAY the latest unemployment figures were released by the Office for National Statistics (ONS) revealing that UK unemployment had shot up by  85,000 in...

AS IS now well known, the British ruling class is forever beating the war drums against Russia, and is desperately encouraging the Ukrainian regime...

The Congress party, India’s principal opposition force, has levelled serious accusations against Prime Minister Narendra Modi’s administration, alleging that the government has deliberately undermined...

THE United Kingdom has seen the biggest rise in ‘absolute poverty’ in 30 years, according to new data published by the Department for Work...

Labour’s shadow chancellor Rachel Reeves was making her pitch yesterday to the bankers and business bosses that any future Labour government would be a...

THE IMF (International Monetary Fund) has issued another stark warning that world capitalism is at serious risk of an international financial crisis caused by...

TORY CHANCELLOR Jeremy Hunt has unveiled the contents of this year’s Budget in the House of Commons. It is the last scheduled Budget before...

THE Bureau of the UN General Assembly’s Committee on the Exercise of the Inalienable Rights of the Palestinian People reaffirmed last Wednesday night its...

THE government has appointed commissioners to help run Nottingham City Council after the authority declared itself effectively bankrupt. The Labour-run authority issued a section 114...

CONDEMNATIONS have poured in from countries world-wide after the United States once again vetoed a United Nations Security Council resolution that demanded an immediate...

The News Line Rally of 200 people took place at the Hargrave Hall, in north London on Saturday. Chairman, Tony McEvoy, said the struggle for...

The Office for National Statistics (ONS) released figures yesterday on the average pay across the UK, which they claimed saw an increase of 6.2%...

THE Palestinian presidency on Wednesday expressed its great thanks and appreciation for the strong and clear Saudi position expressed in the Saudi statement issued...

LABOUR’S shadow chancellor Rachel Reeves yesterday pledged any future Labour government to be the bankers’ best friend, ready and willing to facilitate awarding massive...

THE Guardian newspaper yesterday revealed that the Tory government is preparing to launch a consultation in the coming weeks on implementing a ‘British homes...

Last Friday, Tata Steel UK confirmed its devastating plans to axe 2,800 jobs with the closure of two blast furnaces at its Port Talbot...

ON Wednesday, the FTSE 100 had its biggest fall since August last year with almost 30 billion pounds wiped off the value of the...

THE WORLD Economic Forum (WEF) opened its meeting at the Swiss resort of Davos this week under the storm clouds of an economic and...

THE UK’s aircraft carriers are ready to be deployed to fight the Houthis, and to threaten war with the Iranian revolution, was the message...

A COMPREHENSIVE strike is taking place throughout the governorates of the West Bank, denouncing the assassination of Hamas senior official, Saleh Al-Arouri, and the...

JUNIOR doctors start six days of strike action today, the longest strike by doctors in the history of the NHS, over their demand for...

ECONOMISTS at the multi-national financial advice service PwC have issued a stark warning that nearly 30,000 businesses in the UK will collapse under the...

THE battle has now been joined to defend the NHS, which the Tory government is determined to destroy, to return the UK to the...

A GLOBAL strike prevailed in several Arab and Muslim cities around the world on Monday in condemnation of the Israeli genocidal war on the...

In a remarkable series of events, Wells Fargo employees from Albuquerque, New Mexico, and Bethel, Alaska, are spearheading the bank’s first-ever union elections. This historic...

TORY Chancellor Jeremy Hunt’s Autumn Statement has been derided for its claims to represent a way out of the economic crisis strangling British capitalism,...

AS THE Tory Party continues to disintegrate by the hour, demands from the ruling class for a new right-wing party to emerge from the...

FRESH from sacking Suella Braverman as Home Secretary in the morning, Prime Minister Rishi Sunak turned up on Monday evening to deliver a speech...

IRAN’S defence minister has warned that the United States will suffer a heavy blow if it fails to stop Israel’s savage war against the...