Tag: banks

A RECORD number of children are being forced to rely on food banks in order to survive, with the numbers expected to surge...

INFLATION rose to 3.1% in November, the highest in nearly six years, as the squeeze on households continued and prices rose, slashing further into...

HOME SECRETARY Amber Rudd has warned that billions of pounds have been laundered through the City of London. She has plans for a new...

THE ANC leadership is influenced by ‘liars and rogues,’ anti-apartheid activist and retired Constitutional Court judge Zak Yacoob said. Reflecting on his judicial work which...

HOSPITALS across the country are already running close to 100% bed occupancy and the full effects of winter haven’t even started to impact on...

PM MAY, placed into office after the Cameron-Osborne 2016 EU referendum disaster, has continued to display the complete disorientation of the Tory Party and...

THE National Union of Metalworkers of South Africa’s (NUMSA) is threatening a national strike against electricity power company Eskom. A NUMSA statement said: ‘The National...

RICHARD SHARP, a member of the Bank of England’s Financial Stability Committee has warned that the UK is heading for a Venezuelan-style economic crash...

THE TORY government has caved in to EU demands and agreed to pay a whopping ‘divorce’ bill that is estimated to be £50 billion. EU...

AN INVESTIGATION by Sky News into the role of the firms that produce the plastic used to cover the exterior of Grenfell Tower has...

IN THE wake of Tory Chancellor Hammond’s budget – a budget in which he declared war on the working class, war on pensioners, war...

CHANCELLOR Hammond outlined a bankrupt policy for a bankrupt Britain yesterday in the House of Commons. The paper-thin disguise for this bankruptcy was Hammond’s...

ON Budget Day when the Chancellor is expected to ignore the cash crisis facing the NHS – after the service has suffered massive cuts...

SAUDI Arabia’s foreign minister last Friday accused Hezbollah, which Riyadh blames for the shock resignation of Lebanese premier Saad Hariri, of holding Lebanon hostage...

TENS OF THOUSANDS of workers and youth have marched to President Mugabe’s office and residence and say that they will stay there till he...

IN 21st century Britain, in the richest borough in London, working class children are being diagnosed with diseases and ailments that belong in the...

‘THE WORLD’S first socialist revolution when the working class took power is showing us the way forward today,’ Workers Revolutionary Party General Secretary Frank...

OVER 300 workers and youth attended Sunday afternoon’s WRP-YS celebration of the Centenary of the 1917 Russian revolution. Opening the rally the Secretary of the...

THE rally this Sunday will not just celebrate the 100th Anniversary of the Russian Revolution. It will be a clarion call for workers to...

LAST Tuesday, the Labour MP for Mitcham and Morden, Siobhan McDonagh used a debate in parliament to highlight the barbaric and dangerous conditions homeless...

AS THE Tory party implodes, and the lynch mob search mounts for the author or authors of the ‘Dirty Dossier’ that named 40MPs and...

THE BANK of England Monetary Policy Committee (MPC) yesterday raised interest rates for the first time in more than ten years. The official bank rate...

IN a lecture to the London School of Economics (LSE) on Tuesday TUC General Secretary Frances O’Grady made a ‘national government’ call to the...

THE EXTENT of the full-scale looting of the country’s public buildings by giant offshore private companies has been highlighted in a report by a...

IN A virtually unprecedented break with the normal language of international diplomacy, the Palestinian Foreign Minister, Riyad Malki, has deservedly torn into British Prime...

THE NUMBER of NHS beds has halved in the last 30 years and proposals to slash bed numbers even further will make the ‘NHS a...

CAPITALISM is not delivering on its promise to raise living standards, Lord Adair Turner, a former head of the business lobby the CBI, has...

MORE than a thousand parents, teachers, heads and support staff converged on Westminster on Tuesday to lobby MPs on school funding. Shadow education secretary Angela...

IT has become crystal clear that the Universal Credit system equals universal misery for the growing masses of the working poor in the UK. As...

ANY LINGERING doubts about the morbid terror that is gripping the capitalist class were dispelled this weekend when 50 of the leading bosses from...

THE GMB trade union has exposed a shocking Treasury report which Chancellor Philip Hammond tried to hide showing public sector wages are now below...

‘THIS is the third high-profile money-laundering scandal to involve major British banks this year,’ John McDonnell, Labour’s Shadow Chancellor, said yesterday, responding to reports...

UK BANKS HSBC and Standard Chartered have been linked to a serious corruption scandal in South Africa, with the Serious Fraud Office looking to...

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...