Tag: banks

LAST Thursday the European Central Bank (ECB) abandoned its previously proclaimed policy of ending free money handouts to the banks through quantitative easing (QE)...

MORE than 7,000 heads have written a joint letter to 3.5 million families warning of the acute funding crisis in schools. The heads insist...

STRUGGLING families are losing out on hundreds of pounds a year as a result of changes to child benefit over the past decade, said...

LAST Wednesday US national security advisor John Bolton threatened that the US administration was putting every foreign bank ‘on notice’ if they failed to...

TUC GENERAL secretary Frances O’Grady this week re-hashed all the arguments used by the TUC before the 2016 referendum that only by remaining captive...

THE PLUNGE of world capitalism over the precipice of an almighty crash has become so obvious that a sense of panic is gripping bourgeois...

IN LAST year’s autumn budget Tory chancellor Philip Hammond claimed that ‘austerity is coming to an end’ in Britain. Hammond’s claim backed up Theresa May’s...

SHARES in India’s Tata Motors collapsed by almost 30 per cent yesterday after the company reported gigantic losses at Jaguar Land Rover (JLR). On Thursday,...

WHEN Donald Tusk, the European Council President, speaking in Brussels came out with his comment that there is a ‘special place in hell’ for...

ON TUESDAY, president Donald Trump delivered his much-delayed annual State of the Union speech to the US Congress, held up by the longest-ever shutdown...

VENEZUELAN President Nicolas Maduro said yesterday that he will not betray his country by yielding to Washington’s plan for regime change in Caracas, adding...

AFTER the news that over 3,000 troops were being mobilised for action after Brexit Day on March 29th, we have now been told that...

RESEARCH for the Institute of Directors showed yesterday that a third of UK businesses are considering moving abroad after Brexit. The IoD said that...

THE CONTINUED economic collapse of the EU was highlighted yesterday when it was officially acknowledged that Italy, the third largest economy in Europe, has...

THE EU is ‘united’ over the negotiated Brexit deal, the bloc’s chief negotiator Michel Barnier has responded, after the UK’s PM May said she...

THE VOTES in Parliament on amendments to Theresa May’s Brexit deal saw the counter-revolutionary plots by MPs from all parties to smash the 2016...

MRS THATCHER notoriously revived her political fortunes in 1982 by going to war with Argentina. She flew to the US to insist that its...

A STUDY produced yesterday by the Centre for Cities think tank highlights the reality of Tory austerity cuts that have fallen on the backs...

TORY Chancellor Philip Hammond, speaking about the Brexit crisis from the World Economic Forum in Davos, said yesterday: ‘It is absolutely clear that if...

GREEK striking teachers along with students staged yet another magnificent march of over 6,000 last Thursday against the hated government Education Bill. Once...

ON TUESDAY night prime minister Theresa May suffered the biggest political defeat in British parliamentary history when her Brexit deal, signed and sealed with...

THE EUROZONE risks breaking up this year, the Centre for Economic and Business Research (CEBR) warned in its annual predictions for 2019. The...

TORY Foreign Secretary Jeremy Hunt’s speech yesterday called for the UK to be ‘realistic about our global position’, insisting that this means recognising that...

SYRIA and Iran have signed an agreement for a long-term strategic cooperation between the two countries in Tehran. The agreement was signed on Sunday...

NEW YEAR STATEMENT BY THE NEWS LINE EDITORIAL BOARD THE News Line Editorial Board sends revolutionary greetings for 2019 to all our readers, to the...

IT IS almost exactly one year since the dramatic collapse into bankruptcy and compulsory liquidation of the giant outsourcing and construction company Carillion. At the...

JUST TEN YEARS after the 2008 great banking disaster began – with the working class still paying the price for it with massively...

CAPITALISTS are quaking in their boots at the prospect of the next worldwide banking crash. All eyes are on Italy going the same...

EUROPEAN Union leaders have said the Brexit withdrawal agreement with the UK is ‘not open for renegotiation’, after appeals from PM Theresa May. She...

THERESA May’s leadership crashed and burned on Monday when she suddenly announced that there would be no vote on her deal with the EU....

IN PARIS, on Saturday, against the advice of the more moderate members of the ‘Yellow Vests’ movement, 10,000 French workers and youth demonstrated their...

MORE than 130,000 homeless children will be living in temporary accommodation this Christmas in Britain, according to estimates by the homeless charity Shelter. In...

A ‘ROGUE’ landlord has been threatened by a judge with nine years in jail if he doesn’t pay a record-breaking £1.5 million fine for...

BRITISH parliamentary democracy was exposed as nothing more than a chaotic and rapidly collapsing sham on Tuesday when, for the first time in history,...

OH HOW the mighty have fallen! ‘Emperor Macron’, in the tradition of Napoleon III, has made no secret that he considers himself the master...

THE FINANCIAL ‘doom loop’ that is tightening around the necks of the Italian banking system will send the Italian banks and the Italian...

THE LABOUR Party is backing a cross-party bid to ensure the UK cannot leave the EU without a deal, knifing in the back the...

SPEAKING at the Policy Exchange in London this week Alan Greenspan, former head of the US Federal Reserve Bank, issued his direst warning about...

A REPORT this week from the Equality and Human Rights Commission into the effects of Tory austerity cuts has brought home the fact that...

PM May has now created a massive political crisis in the UK by revealing her real position on Brexit. For over a year...

YESTERDAY, the Tories announced their latest ploy to try and convince the country that in the face of all the evidence they actually support...

DESTITUTION under May’s crippled Tory government is soaring to levels not seen since the Victorian times. The roll-out of Universal Credit has created...

EVEN before Theresa May stood up to deliver her statement yesterday on the Brexit deal, she had agreed with the EU her government was...

NEGOTIATIONS over the UK’s departure from the EU are ‘now in the endgame’, according to PM May, with both sides ‘working through the night...

LIBERTY has welcomed Monday’s (12th November), ‘huge legal victory’ which protects NHS patients by pulling doctors out of the Tory government’s hostile environment policy. A...