Tag: banks

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...

WITH services collapsing into chaos the RMT has demanded publication of contract documentation which shows that Northern Rail get paid whether they run services...

PRESS reports this week revealed that vulnerable members of the Windrush generation are still being forced to live in conditions of complete destitution, forced...

THE COLLAPSES of Carillion, of East Coast Rail, of academy chain after academy chain, and now with the NAO report that private outsourcing giant...

THIS WEEK, the final nail was driven into the coffin of the political and economic consensus that has dominated world capitalism from the end...

The South African Federation of Trade Unions (SAFTU) has come out in full support of the rejection of the latest offer from the employers...

THE WINDRUSH scandal, missiles launched at Syria without even seeking permission from Parliament, the Grenfell fire disaster, the winter NHS meltdown, homelessness and rough...

THE children of immigrant families are being deliberately starved by the Tories as part of their ‘hostile environment’ policy towards immigrant workers. Headteachers and...

This is a treacherous abdication of all responsibility by the trade union leaders for this crisis of poverty. They have not lifted a single...

LABOUR’S hopes crashed to earth in the just-concluded council elections. The eve of poll predictions of the Tories losing Wandsworth, Westminster and then Kensington...

THE IMF (International Monetary Fund) this week sounded the alarm bells for the world capitalist crisis when it announced the real scale of the...

WHILE Trump and US Defence Secretary, General ‘Mad Dog’ Mattis were blowing hot and cold over whether they were going to attack Syria or...

US PRESIDENT Donald Trump has told Russia to ‘get ready’ for a missile strike on Syria in response to the completely fictitious ‘chemical attack’...

THIS week a headline in one of the bourgeois papers declared ‘Europe Grinds to a Halt’ and for once the hyperbole was justified as...

DEUTSCHE Bank, the largest and most important bank in Europe, sacked its British born chief executive John Cryan after just three years in the...

A DEMONSTRATION on Saturday of over 2,000 people shouted their support for Palestine in solidarity with the ‘Great March of Return’ in Gaza and...

MILLIONS of workers, as of yesterday, have been hit for six. The amount that comes out of their wages in pension contributions now...

NEW car sales in Britain plunged in March by 15.7% compared to the same period last year, a massive drop that spells out the...

SCOTTISH fishermen and their colleagues throughout the UK are up in arms over the surrender of the May government to the EU bureaucrats. Davis...

JEROME Powell the new chairman of the US central Bank, the Fed, will be pushing for an increase in interest rates this week with...

‘REFUGEES are welcome here!’ shouted over 10,000 protesters on a March Against Racism through central London on Saturday. Labour’s shadow home secretary, Diane Abbott,...

‘MOSCOW had no motives for poisoning former GRU Colonel Sergey Skripal and his daughter, while those who are trying to push ahead with the...

TORY Chancellor Philip Hammond delivered not so much a Spring Statement to parliament yesterday as a half hour of self-congratulation and boasting about how...

NHS staff who have suffered a 15% pay cut since 2010 have been offered a ‘new deal’ from the government. A leaked document shows...

A HOMELESS man has been found dead in a tent after sleeping rough in the snow in freezing temperatures. The man, named locally as...

THE GP website Pulse revealed this week that in four areas in England local clinical commissioning groups (CCGs) have set up a ‘profit-sharing’ scheme...

THE publication of the EU’s draft separation treaty with the UK has intensified the conflict between the UK and the EU ruling classes and...

The South African Federation of Trade Unions (SAFTU) notes with outrage the Cabinet reshuffle announced by President Ramaphosa. It proves beyond doubt that the...

THE National Union of Students’ verdict on PM May’s review into post-18 education and funding is that ‘she is choosing to move the deckchairs...

IN 2008 the world financial system stood on the very brink of the abyss with banks and industries facing the immediate prospect of crashing...

ANKARA and Washington have reached an agreement to work together in their occupation of part of northern Syria, where the two NATO allies have...

550,000 CHILDREN (1 in 7) with a parent working in the public sector will be forced to live in poverty by the end of...

JACOB Zuma resigned as president of South Africa on Wednesday ahead of a vote of no confidence over uncontainable corruption scandals, and has been...

LAST Monday, the American Dow Jones Index, which records the share prices of the top US companies and banks, recorded the biggest drop in...

WALL Street suffered the largest one-day collapse in history on Monday, triggering the Asian markets to crash, followed by the European and the UK...

ON MONDAY the Wall Street stock market crashed with the Dow Jones Index, which follows the fortunes of 30 large US companies on a...

THE collapse of the construction company Carillion has again thrown a spotlight on the systematic theft and looting of billions of pounds from workers’...

GREEK hospital workers and dockers went on a 24-hour national strike last Thursday against the government’s plans of wage cuts, ‘flexible’ labour contracts and...

THE BIG lie of this minority Tory government is that British capitalism is thriving, its economy is in vigorous good health and that workers...

ON Monday, the Chief of the UK General Staff, General Sir Nick Carter, said in his speech at the Royal United Services Institute, a...

WILLIAM WHITE, the head of the OECD’s review body, warned before the Davos Summit on Monday that: ‘All the market indicators right now look...

THIS week sees the annual World Economic Forum (WEF) meeting in the Swiss town of Davos, perched high in the Alps, ideally situated for...

‘THE game is up for PFI, it is a catastrophic waste of taxpayers’ money,’ the GMB union said yesterday responding to the National Audit...

THE HOUSE of Commons education committee has written to the Tory academies minister, Lord Agnew, expressing MPs’ concern about a ‘lack of transparency and...

20,000 jobs in the UK and a similar number of jobs abroad are under threat with the collapse of the giant construction company Carillion...