Tag: banks

WEDNESDAY’S debate and vote in parliament on the issue of the roll-out of Universal Credit has been hailed as a ‘symbolic defeat’ for the...

THE GIGANTIC scale of personal debt in Britain has been revealed in the publication yesterday of the biggest ever survey of households conducted by...

ON MONDAY shock figures from the Office of National Statistics (ONS) showed that Britain is £490 billion poorer than it was thought to be...

FOLLOWING 17m plus workers voting to ‘Leave’ in the 2016 EU Referendum, the UK is leaving the EU on March 29th 2019, two years...

THIS WEEK the Washington-based International Monetary Fund (IMF) issued another warning that the world capitalist financial system is on the verge of a gigantic...

‘HOW many more families does the minister estimate will be made homeless this winter as a result of this government’s refusal to pause the...

WHEN the Tory Daily Telegraph runs on its front page a headline that Theresa May is ‘limping into oblivion’ it couldn’t be a clearer...

THE TORY Party conference opened in Manchester on Sunday to scenes that reflected the terminal splits and divisions that dominate the minority government of...

THE WEST London Council of Action Big Bike Ride to Save Ealing Hospital on Sunday was a great success. More than two dozen riders with...

‘THE FREE market economy,’ in other words capitalism, ‘is unquestionably the best, and indeed the only sustainable, means of increasing the living standards of...

WITH the Labour right-wing openly organising at the party conference in Brighton this week to bind the party firmly to a campaign to remain in...

RIGHT WING Labour threw its bomb into the Labour Party conference yesterday when it penned an open letter suggesting that the UK should remain...

IN her speech in Florence, Tory PM May called for a two-year implementation period, after Britain leaves the EU in March 2019. Up to that...

PRESIDENT TRUMP began his speech at the UN by immediately patting himself on the back, stating that ‘Fortunately, the United States has done...

THE SWISS based Bank for International Settlements (BIS), the ‘central bank for central banks’, has issued a new warning about the global ‘debt trap’...

FOURTEEN NHS unions submitted a pay claim directly to the May government on behalf of more than one million NHS workers...

THE TORY government suffered two defeats in Parliament on Wednesday after the £1 billion bribe paid out by Theresa May to the Democratic Unionist...

OPENING the public sector pay debate at the 149th Trades Union Congress in Brighton on Monday afternoon, Unison general secretary Dave Prentis moved composite...

A NEW SURVEY, Refugees without refuge, published by the Refugee Council on Friday, has found high levels of homelessness and destitution among refugees shortly...

A PLAN by the Tories to demonstrate that the bosses of Britain’s leading companies are firmly behind the chaotic Brexit negotiations blew up in...

‘SCRAP the cap!’ shouted thousands of nurses from all over the UK rallying in Parliament Square yesterday. The rally was organised by the Royal College...

THE Archbishop of Canterbury, Justin Welby, has blurted out the truth that has been more than obvious for a number of years to millions...

WORLD capitalism is on the verge of an even bigger, catastrophic economic collapse and there is absolutely nothing the central banks or governments can...

THE GIGANTIC farce of the Brexit negotiations hit a brick wall this week with EU officials accusing the British of failing to reveal its...

THE Tory class war at home means permanent austerity for the working class, with anti-union laws brought in to further chain up trade unions,...

OFFICIAL figures released today by the Office of National Statistics (ONS) show what every working person in the country knows, that prices in all...

DETAILS of the secret Tory plan for a ‘fire sale’ of NHS land and buildings emerged yesterday following an analysis carried out for the...

ON SUNDAY the Guardian newspaper published a letter signed by 30 Labour MPs and the one Green Party MP expressing their concern about the...

YESTERDAY striking Serco workers from Bart’s NHS Trust, striking BA mixed fleet cabin crew, and striking Bank of England workers marched and picketed the...

THE HORROR felt by millions of workers after the Grenfell Tower inferno which claimed the lives of many men, women and children...

THE INCREASINGLY fractious relationship between the US and its rival capitalist bloc the European Union, is on the point of erupting into a full...

THE scale of the housing crisis today is revealed in a report issued by the Local Government Authority (LGA) which exposes the scandal that...

‘FACING 10 years of pay cuts in real terms, our vital public sector workers – nurses, midwives and refuse collectors – have had an average of...

The US is on the verge of slipping below bankrupt Greece on a world index of wealth inequality – this is the stark conclusion...

OVER 500 SERCO strikers and their supporters marched through East London on Saturday demanding 30p an hour wage increase. What do we want? A pay...

THE government’s financial watchdog, the Office for Budget Responsibility (OBR), issued its latest report on Thursday, warning that British public finances are in a...

SOARING university tuition fees, rents in student halls being hiked up, the complete removal of the student grant and the spiralling cost of living...

THE G20 has concluded with the imperialist powers at each others’ throats after being under permanent siege by tens of thousands of anti-capitalist youth. The...

WORKERS, trade unionists and youth on the more than 300,000-strong march from the BBC Broadcasting House to Parliament Square on Saturday demanded that...

IN A SPEECH in London last Tuesday, the chair of the US Federal Reserve Bank, Janet Yellen, announced to a disbelieving world that the...

Adults in the Room MY BATTLE WITH EUROPE’S DEEP ESTABLISHMENT Yanis Varoufakis Publisher: The Bodley head Price £20 Varoufakis was the professor of economics and expert at ‘game theory’ who...

EVERY WORKER AND YOUTH must take to the streets for this Saturday’s million strong: ‘Kick the Tories out march. Labour Shadow Chancellor John McDonnell...

ON MONDAY, the BMA’s Annual Representative Meeting took a giant step forward when, after a struggle over the issue of STPs, it passed a...

DESPITE all the recent words from Mark Carney, Governor of the Bank of England, about the underlying health of British capitalism, his actions yesterday...

LABOUR shadow chancellor John McDonnell has come out and said openly what the vast majority of people in the country believe – that those...