Tag: banks
Corbyn is just another Remainer – Build the new leadership in...
N HIS address last week at the TUC annual congress, Labour leader Jeremy Corbyn informed delegates that Labour’s priority was to stop a No-Deal...
46,000 auto workers close down GM as the class struggle erupts in...
ON SUNDAY night 46,000 members of the United Automobile Workers (UAW), employed by General Motors in America, walked out on indefinite strike in a...
EU announces further below-zero rate cuts and 2.6tn euro QE as...
THE EUROPEAN Central Bank (ECB) has announced its biggest package of rate cuts and economic stimulus in three years as EU President Mario Draghi...
Scottish court rules prorogation ‘unlawful’
WE ARE of the opinion that the advice given by the government to Her Majesty the Queen to prorogue Parliament was unlawful and that...
Corbyn Displays The Bankruptcy Of Reformism At The TUC!
WHAT has emerged out of the bankruptcy of Parliament this week is that the Labour leadership, along with the other opposition parties and rebel...
‘Overthrow the EU – Replace it with the Socialist United States...
‘TROTSKY wrote about the prospects of the European capitalists uniting Europe,’ Dave Wiltshire, National Secretary of the All Trades Union Alliance told the YS/WRP...
Bring the airports out in support of Ryanair and BA strikers!...
THE BRITISH AIRWAYS pilots strike is on for both Monday and Tuesday in an escalating battle over pay. British Airline Pilots’ Association (BALPA) BA...
TUC leaders back Remainers to keep the working class tied to...
WITH THE annual conference of the TUC opening on Monday the leadership of the trade unions have produced a report detailing the catastrophic effects...
The Bankers Are Warming To Jeremy Corbyn – Now That He...
BORIS Johnson’s Tory government suffered a massive defeat in the House of Commons on Tuesday night when 21 of its MPs rebelled and voted...
Rail Companies Are Paying Massive Dividends Says RMT
NEW RMT research has revealed that the private companies responsible for supplying trains to the railways have been paying massive dividends to their shareholders...
COSATU condemns political killings and ‘vote buying’ during ANC campaign
SOUTH Africa’s trade union federation COSATU has expressed concern over ongoing factional battles in the governing ANC party, allegations of vote buying by the...
Lobby TUC Sept 9 to demand break from EU now and...
THE REMAINER MPs have been dealt a minor blow by the Scottish courts. A Scottish judge has refused to order an immediate halt to...
Car industry collapses in UK and Europe under impact of capitalist...
THE BRITISH car industry is steadily collapsing as a result of the world economic crisis, figures produced yesterday highlighted.
According to the Society of Motor...
Johnson suspends Parliament. Leave the EU on 31 October & forward...
YESTERDAY, the Tory government asked the Queen to suspend Parliament from 10 September, just days after MPs return, for 23 working days until 14...
Trump splits US ruling class with demand they give up vast...
ON THE eve of the G7 Summit in France over the weekend US president Donald Trump ordered US companies to leave China and move...
Central Bankers Are Condemned As ‘Useful Idiots’! Bosses Propagandist Borrows Lenin’s...
PRESIDENT Trump has described the new ‘utopia’ that the UK faces once it breaks with the EU, and the UK ruling class switches its...
‘Bleak Houses’ and desperate living conditions for workers and youth in...
THE REPORT by Anne Longfield, the Children’s Commissioner for England, ‘Bleak houses: Tackling the crisis of family homelessness in England’, reveals the ‘terrible reality’...
As Imperialism Hits The Rocks – Forward To The Victory Of The...
US AND UK-backed Islamists are on the run from their last stronghold in Idlib province in Syria.
The Syrian Observatory for Human Rights (SOHR) reported...
NATIONAL UNITY GOVERNMENT PLAN AWAKENS MEMORIES OF THE 1960s and ’70s...
THERE IS VERY great resistance to the proposal of Labour leader Corbyn that he should put down a motion of no confidence in PM...
US Drone Carrying Missiles Crashes On Farms In Iraq!
US AIRCRAFT are flying over Iraqi territory collecting intelligence on the country’s popular forces, a senior Iraqi expert said, adding that a drone that...
Corbyn calls on civil servants to block no-deal Brexit! Organise general...
IN THE LATEST attempt to block a no-deal Brexit, Labour leader Corbyn has called on the civil service to move into action and do...
NUMSA car workers to strike for 20% wage increase!
SOUTH Africa’s automotive sector, already reeling from poor sales, now seems set to suffer a further blow – as carworkers threaten to take strike action...
‘A WHOLESALE SELL-OUT TO PRIVATE OPERATORS’ – RMT warns over Tory...
THE RMT warned on Tuesday that the long-awaited Government Rail Review – set up on the watch of serial failure Chris Grayling – is...
French youth rise up over death of 24 year-old after police...
THE GOVERNMENT of French president Emmanuel Macron went into a full blown crisis this week with riots in Nantes on Saturday where thousands of...
PCS Calls For Universal Credit To Be Smashed!
‘THROUGH our Universal Credit Fact Versus Fiction campaign, PCS is exposing the massive problems with a system that we say needs to be scrapped...
US BEGINS NEW ARMS RACE! – as Senate agrees to spend...
THE US has begun a new arms race with President Trump’s announcement of the US’ formal withdrawal from the Intermediate-Range Nuclear Forces Treaty (INF).
This...
Cut in interest rates by the Fed will accelerate capitalism’s world...
THE US CENTRAL Federal Reserve Bank on Wednesday performed an abrupt U-turn on its policy of attempting to hold back the vast amount of...
Johnson reveals his feet of clay with his two-year transition plan...
AFTER ALL the bluster from Boris Johnson about delivering Brexit and that leaving the EU by October 31st was a ‘do or die’ issue,...
BA is intent on union-busting and wage-cutting! Balpa must stand fast...
THE HIGH Court on Tuesday dismissed an attempt by British Airways to secure an interim judgement that would make planned strike action by pilots...
‘Do Or Die’ Johnson Has Already Faced An Attempt To Remove...
THE JUST-elected Tory leader Boris Johnson has already faced an attempt to remove him by Tory Minister of State for Europe Sir Alan Duncan,...
Scotland Yard refuses to back down as the capitalist state gives...
TORY leadership rivals Boris Johnson and Jeremy Hunt have found themselves leading the condemnation of Scotland Yard after a senior officer threatened to prosecute...
‘Left’ Tsipras government humiliated as workers abstain in general election
SYRIZA (the coalition of the left) party crashed to a humiliating defeat at the hands of the right-wing New Democracy (ND) party in the...
Casualisation is shattering the mental and physical health of university staff
Staff in UK universities working on insecure contracts say the lack of security is damaging their mental and physical health.
A report released yesterday says...
China must scrap the ‘one country two social systems’ policy and...
CHINA has condemned the counter-revolutionaries who stormed and vandalised the Hong Kong parliament building on Monday and raised the flag of the former occupying...
BIS Report – global ‘debt trap’ risk higher than ever and...
THE SWISS-based Bank for International Settlements (BIS) in its annual ‘health check’ on the world’s financial system has once again warned about the huge...
Pompeo Pledges To Prevent Anti-Tory Regime Change In The UK By...
WITH THE Tories in what is being called an ‘existential crisis’ over breaking with the European Union, the British ruling class and its allies...
GREECE GENERAL ELECTION JULY 7th –after 4 years of EU-imposed austerity...
A GENERAL election is to be held in Greece on Sunday 7th July with the right-wing New Democracy party seemingly heading for a comfortable...
Union must end all ‘positive engagement’ with the employers – only...
A STORM has erupted over the revelations that a taskforce set up in 2017, with the object of protecting the future of the Ford...
Government Cuts Forcing Closure Of Children’s Hospices!
NHS and local council cuts are hitting lifeline care for seriously ill children, a survey of 27 children’s hospices in England carried out by...
World crisis of capitalism places socialist revolution on immediate agenda
ON FRIDAY the global stock markets reached a record increase with shares values shooting up by over £5 billion in what is being hailed...
Corbyn must drive out Labour’s Remain right wing – Time to...
WEDNESDAY’S meeting of the Labour Party’s shadow cabinet saw the deep split in the Labour leadership widen into a chasm as former loyal Corbyn...
Tories Are Split, Divided And Fighting Each Other – Time...
THE TORY PARTY and its leadership are thrashing around in their death agony.
The Tory crisis has reached the stage where Tory ministers have been...
Pompeo admits US-organised uprising in Venezuela has ‘no popular support’
US SECRETARY of State Mike Pompeo had a secret meeting last month with prominent American Jewish leaders in which he spilled the beans on...
Johnson Follows On In May’s Footsteps As He Seeks Eu Renegotiation!
AFTER weeks of near silence, Boris Johnson finally emerged yesterday to launch his campaign for the leadership of the Tory party and replace May...
Health privateer takes NHS to court over right to profit from...
PRIVATEER Circle Health is once again taking legal action to overturn the decision to cancel its contract to run the Nottingham NHS Treatment Centre.
Rushcliffe...
‘If Iran is attacked it will be all-out war!’ – warns...
IRAN’S foreign minister Mohammad Javad Zarif warned yesterday that any attack on his country after a series of missile strikes on Saudi Arabia’s oil...
