Tag: banks

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...

THE GIANT German Deutsche Bank announced yesterday that it was slashing more than 7,000 jobs from its global investment arm as part of a...

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...