Tag: banks

THIS week, the US Department of Justice (DOJ) released a load of emails and transcripts of phone conversations between senior executives of RBS, the...

RESEARCH into FTSE 100 chief executives’ pay packages and the just-published findings have confirmed to angry workers that they have been taken for a...

THESE are truly desperate times for the Tories. Their government is selling out Brexit. Their party is split and divided, with Boris Johnson challenging...

Last Friday the Turkish currency, the lira, crashed spectacularly, dropping as much as 16% relative to the dollar – it lost a third of...

TWENTY-one libraries closing, rubbish collections and road maintenance stripped to the bone, hundreds of council workers sacked, children’s services axed – these were...

THE POUND was sent crashing down yesterday against the US dollar and the euro prompting the bourgeois press to howl about ‘the end of...

TURKEY’S Constitutional Court has ruled that the cabinet decree banning IndustriALL’s affiliate United Metalworkers’ Union (Birleflik Metal-Is) decision to strike in 2015 is a...

YESTERDAY’S announcement by the Bank of England of an increase in interest rates from 0.5% to 0.75% will be disastrous for the vast majority...

THERE is a huge increase in the number of teenagers going hungry during the summer holidays, a National Education Union (NEU) poll finds today....

THE BOURGEOIS media and Labour’s right wing pro-Zionists have no shame, as their attempts to label Labour leader Corbyn an anti-Semite show – otherwise...

THE UK faces a ‘democratic crisis’ with voters being targeted with ‘pernicious views’ and data being manipulated, a parliamentary MPs committee warns. According to...

HOUSEHOLD debt in UK is worse than at any time on record a new report by the Office for National Statistics (ONS) shows. Credit cards,...

WITH THE Tory government split, divided, and on the rocks after refusing to carry out the 2016 referendum instruction to ‘Leave the EU’, the...

US DEFENCE Secretary James Mattis has said that the United States will have no cooperation with the Russian military in Syria, at least...

THERE are Unite and Unison trade union protests in York and Chesterfield today against moves by two NHS trusts to set up wholly-owned subsidiaries...

MORE than 130 parents queued outside a school in Cardiff, Wales from 3am Thursday morning to try and get their child a space at...

PRESIDENT of the European Council Donald Tusk yesterday issued a desperate plea for Europe, China, America and Russia to ‘work together’ and ‘prevent conflict...

IN LIGHT of the Windrush scandal the government has been forced to change the rules to ensure workers from other countries can participate...

THE RESIGNATION of Boris Johnson as Foreign Secretary was only delayed until he was faced with dying from shame if he held back any...

ON THURSDAY 23rd June, 2016, the EU referendum took place and the people of the United Kingdom took a revolutionary decision to leave the...

THE NHS was the product of war and revolution, namely the slaughter of soldiers and civilians fighting fascism in World War 2, and...

IN A statement passed overwhelmingly by Unite’s policy conference in Brighton, the union stressed that its priority is to push for a general election...

WHILE 70,000 NHS workers were marching through London on Saturday celebrating the 70th anniversary of the NHS, the Tory-appointed bosses of NHS England were...

70 YEARS of the NHS are being celebrated with a mass demonstration today in central London supported by the TUC and 11 other health...

NOTHING summed up the crisis that is gripping the leadership of the trade unions like the TUC’s joint statement this week, with the bosses...

MAHMOUD Aloul, deputy chairman of Fatah movement, said on Tuesday that the Palestinian people will not allow the humanitarian situation in Gaza to override...

THE TUC leaders have just issued an unprecedented joint statement with the bosses of the CBI, the ETUC and Business Europe ahead of June’s...

AFTER over a decade of savage austerity measures, during which wages have been driven down and millions made dependent on food banks, the House...

THE LATEST latest annual report from the BIS (Bank for International Settlements) on the economic crises gripping world capitalism couldn’t have been clearer –...

AFTER their defeat in the House of Commons last Wednesday over the EU Withdrawal Bill, the billionaire George Soros’ ‘Best for Britain’ movement ...

THE WORLD’S stock markets fell dramatically on Tuesday following US president Donald Trump’s latest move to ratchet up US capitalism’s trade war with China...

London-based charity War on Want has said the British government is ‘complicit in the violence’ perpetrated against Palestinians as it continues to provide arms...

THE SURPRISE announcement by Theresa May on Sunday that the Tories had plans to put £20 billion of extra funding into the NHS over...

THE MAY government avoided a House of Commons defeat for the Brexit Withdrawal Bill last Tuesday by making promises to the leading Tory Remainer,...

‘THIS IS a time for revolution not patching,’ said Anthony Painter, Director of Action & Research at the Royal Society of Arts, calling for...

TRADE union Unite has signed a historic union recognition agreement with Ryanair, which is infamous for fighting to stop the unionisation of its workforce. This...

TODAY we are living in the period of the death agony of the world capitalist system. Everywhere the crisis is ripping apart nation states,...

THE EU Brexit chief negotiator has declared that he is not prepared to compromise with the UK government over the decision of the British...

AS THE EU crisis continues to sweep through the continent, a German MEP, Markus Ferber, offered his blunt assessment of the steps that the...

A FRESH European-wide banking crash has reared its head as the euro tumbled to a six-month low yesterday in reaction to the Italian crisis....

THE RAPIDLY unfolding crash of the EU drove the ruling class to take unprecedented action on Sunday to overturn the Italian election result...

THE South African Federation of Trade Unions (SAFTU) is not joining in the euphoria over President Ramaphosa’s completion of 100 days as President of...

THE Catholic Church-dominated state of the Irish Republic was rocked to its foundations on Saturday when the results came through after the referendum on...

TOP nuclear negotiator Abbas Araqchi has said Iran will decide soon whether to stay in the 2015 nuclear deal as he urged the Europeans...

THURSDAY was Unite’s National Day of Action against Universal Credit! There was a rally at 1pm in Old Palace Yard and a march to...