Tag: banks

YESTERDAY, NHS consultants began a 48-hour strike that has propelled a head-on confrontation between doctors and their union, the BMA, and a Tory government...

'WE are striking to defend the NHS,’ consultants told News Line on their picket lines as Tory Health Secretary Barclay issued a declaration of...

THE leader of Birmingham City Council has apologised to the people of the city and insisted he had ‘no prior notice’ or knowledge of...

THE Tory Party is now split and divided as the world- wide capitalist crisis deepens and the weakness of the imperialist powers becomes more...

THERE was a powerful Workers Revolutionary Party and Young Socialists lobby of the TUC Conference in Liverpool on Monday morning, where delegate after delegate...

On the eve of its Congress, the TUC has called on the government to equalise capital gains tax with income tax which could raise...

ON SUNDAY, Ukrainian president Volodymyr Zelensky sacked his defence minister Oleksii Reznikov in what has been described as the biggest shake-up of his defence...

DEPUTY head of Russia’s Security Council, and Russia’s former president, Dmitry Medvedev has described Ukraine’s Western backers as a ‘pro-Nazi coalition’, dismissing the idea...

YESTERDAY’S Observer newspaper a champion of the rule of the British bosses and bankers, was forced to admit that it had been told by...

THE Junior Doctors and Consultants in England, faced with a ruling class that is determined to destroy the NHS, have joined forces and will...

Over one thousand angry RMT rail union members and their supporters marched from the Department of Transport offices to Downing Street on Thursday evening...

YESTERDAY evening, former US president Donald Trump, accompanied by a US Secret Service Motorcade, swept up to Fulton county jail and handed himself in...

THE aftermath of the sentencing on Monday of Lucy Letby for the murder of seven babies and the attempted murder of six others at...

THE FICTION of a ‘light at the end of the tunnel’ for British capitalism is now firmly rejected by even the most loyal of...

THE euphoria over figures released this week that the UK inflation rate in July had dropped to 6.8%, meaning that prices were shooting up...

INFLATION figures yesterday, that recorded a drop in the inflation rate to 6.8% in July, have been greeted by the Tories and the Bank...

‘DESPITE Tory claims that the cost-of-living crisis is coming to an end, the truth is that inflation (RPI) is still outstripping wage growth,’ Unite...

THE GERMAN economic recession has deepened, with the number of corporate insolvencies in the country sharply increasing in July. Almost a quarter more companies filed...

DURING a public on-line question and answer session on Monday, the Bank of England’s chief economist Huw Pill warned that higher food prices ‘may...

THE TORIES are planning to knife the NHS through a massive expansion of the private health sector. The Labour turncoats are meanwhile critical of them...

YESTERDAY the Bank of England hiked interest rates up to 5.25%, the 14th time in a row that rates have been increased as the...

FORMER US President Donald Trump has been charged with illegal plotting to overturn his 2020 election defeat. He is accused of four counts including...

TEN weeks into their indefinite strike for a 10% pay increase, over 200 St Mungo’s homelessness charity workers and their supporters held a festival...

At the weekend, bosses at the Bank of England announced that they had drafted in the ex-chairman of the US Federal Reserve Bank (Fed),...

THE RMT has revealed that the private rail companies war on the rail trade unions is being financed by the UK government, who are...

THE US central bank has raised interest rates to the highest level in 22 years, as it fights to stabilise prices in the world’s...

THE homelessness rate across England is at its highest since 2018, after Tory government policies have forced a record number of families to live...

YESTERDAY, NHS consultants went out on a two-day strike, the first in nearly 50 years, over their demand for an increase in pay to...

PM Sunak has said he is yet to make a ‘final decision’ on whether to accept the recommended pay rises for public sector workers. Official...

ON MONDAY night, 400 leading figures from the world of high finance and corporate business gathered at the Mansion House in London to hear...

THE stock markets are crashing as the Tory government’s borrowing costs went soaring yesterday to a 15-year high, amid a global shares sell off...

A LANDMARK research study by the Trussel Trust has revealed the excruciating extent of food poverty across Britain as the working class, the middle...

Yesterday, Roger Bootle, a senior advisor to Capital Economics, wrote in the Daily Telegraph an article headlined ‘Basket case Britain is back – and...

THE Bank of England yesterday raised its interest rate from 4.5% to 5%, the highest level for 15 years, in a declaration of war...

THE news from the mortgage front is grim. Millions of families are experiencing shocking hikes in mortgage rates of hundreds of pounds per month,...

THE UK has ‘no alternative’ but to hike interest rates in a bid to make borrowing much more expensive to try to slow down...

FIVE-HUNDRED St Mungo’s homelessness charity workers – now into the second week of their month-long strike – are going from strength to strength in...

A WAVE of corporate defaults is imminent throughout the US and Europe, analysts at the German Deutsche Bank warn in its annual study released...

Workers at the homelessness charity St Mungo’s began four weeks of strike action on Tuesday May 30, fighting to win a backdated pay rise...

GERMANY, the EU’s biggest economy, has crashed into recession data revealed by the Federal Statistics Office last week showed. This was a blow to the...

PRESIDENT Biden and his Republican opponents have announced they have agreed in principle to raise the US debt ceiling and to try to avert...

French police have fired tear gas to disperse climate demonstrators gathered in Paris to raise their voices against an annual general meeting of oil...

CARS, lorries and buses hooted support along the busy Bath Road on the perimeter of Heathrow Airport in west London yesterday morning as 1,400...

PRESIDENT Biden on Sunday, speaking in Hiroshima, the scene of a US-UK atom bombing, was forced to address the US banking crisis and whether...

Workers and youth in Greece were looking to deliver a huge blow to the current right-wing government of Kyriakos Mitsotakis in yesterday’s parliamentary elections. The...