Tag: banks
Right-wing Labour MPs organise to support Tories and overturn ‘Leave’ vote
IT IS NOW becoming crystal clear that a concerted campaign by Labour right wingers to keep the disintegrating Tory minority government of Theresa May...
BoE chief: British capitalism ‘turning clock back’ to 18th century!
THE SPLIT in the leading bodies of the Bank of England over whether or not to raise interest rates has emerged just shortly after...
Carney Says Time Is Not Right For Interest Rate Rise!
THE TIME is not right for an interest rate rise, Bank of England governor Mark Carney said at the Mansion House. In his speech, Carney...
‘REQUISITION EMPTY FLATS’ – to house Grenfell Tower survivors
SHADOW chancellor John McDonnell yesterday slammed the May government’s ‘catastrophic failure’ after the fatal Grenfell Tower fire. Both he and Labour leader Jeremy Corbyn demanded...
Jail those responsible for Grenfell Tower inferno! Join the million march...
SEVENTY six people are still unaccounted for after the Grenfell Tower inferno, police confirmed yesterday and also that criminal proceedings have begun to investigate...
Tory Party stuck with broken May as leaders fear the mass...
IN NORMAL times a Tory party that had been taken into an ‘unnecessary’ snap election with its leader demanding that the electorate return it...
WRP’s ANNA ATHOW GETS BIG SUPPORT ON WOOD GREEN HIGH STREET
WOOD Green and Hornsey Workers Revolutionary Party candidate Anna Athow and her campaign team won big support on Wood Green High Street on...
First the 2016 referendum defeat for the ruling class, now May...
THE LAST week has seen the Tory drive to have PM May crowned as Empress, via a runaway election victory and a huge majority,...
SUPPORT BUILDING UP FOR WRP’s SELLU & LEFF
AMINATA Sellu, Workers Revolutionary Party candidate for Camberwell and Peckham, received a warm reception and enthusiastic applause when she spoke at a hustings meeting...
Corbyn comes out on top as May is jeered, laughed at...
THE separate questioning by SKY’s Faisal Islam, Jeremy Paxman and a small audience, of Labour leader Corbyn and PM May showed just how disorientated...
Palestine erupts against Trump visit and occupation
AT LEAST 13 Palestinians were shot and injured – at least one seriously – during clashes with Israeli forces in Ramallah in the occupied...
GM quits South Africa as car giants go from a credit...
THE shock decision announced last week that General Motors (GM), the world’s largest car manufacturer, is ending production of vehicles in South Africa is...
Workers and youth say vote Athow in Hornsey and Wood Green!
WORKERS and youth signed up to join the Workers Revolutionary Party (WRP) and Young Socialists on Saturday, saying they will vote for Hornsey and...
Labour blindfolds itself so as not to see the ...
THE Labour Party manifesto launched on Tuesday contained a number of slight but significant changes from the draft leaked to the press last week. On...
‘Today we set out to transform Britain’ says Corbyn
AT THE party’s manifesto launch in Bradford yesterday Labour leader Jeremy Corbyn said: ‘Today we set out a vision to transform Britain for the...
Labour leaks its Fabian draft programme for keeping capitalism...
THE leaked draft of Labour’s election manifesto yesterday brought out the predictable headlines in the press warning of the dangerous ‘socialist’ Jeremy Corbyn. But a...
Poverty pay threatens workers as inflation rises and the crisis of...
WORKERS’ wages will be slashed even more as inflation hits a peak of 3.4% this year, according to an analysis by the National Institute...
Corbyn sets out to unrig and transform the ‘rigged’ capitalist system
LABOUR Leader Corbyn opened the Labour Party general election campaign yesterday by stating: ‘We have four weeks. Four weeks to take our message to...
French elections open up struggle for socialist revolution
THE RESULT of the French Presidential election on Sunday saw the right-wing centrist candidate, Emmanuel Macron, winning with 65.5% of the vote beating the...
Times Rich List shows that austerity UK has become a...
THE just-published Sunday Times rich list shows that in austerity-hit UK – where millions of workers have not had a rise in the ten...
WRP GENERAL ELECTION MANIFESTO – vote WRP in the five constituencies...
THE working class must kick out the Tories on June 8th and return Labour to government to set the scene for the struggle for...
The youth of Europe are rising up against their governments and...
YOUTH across Europe are a revolutionary force that are ready to rise up against the ‘generation in power’ in their countries and in the...
‘Stand and Deliver’ – EU highwaymen demand 100bn euros!
THE attempt of the political representatives of the EU to make the UK working class stand and deliver up to, or even over, 100bn...
May Day meeting ‘Forward to the World October!’
‘WE WERE marching with our banner “100 years of the Russian Revolution, for the World October”,’ WRP candidate for Hackney South Jonty Leff told...
Workers’ May Day marches throughout Europe against EU!
MAY DAY marches throughout the EU were full of explosive class tensions reflecting the battle that workers are waging to defend their living standards and...
EU leaders took one minute to agree measures to discipline...
THE leaders of the EU took just one minute of discussion last Saturday to agree on imposing measures designed to beat the Tory government...
MAY DAY MANIFESTO – Russian Revolution Centenary – Forward to world-wide...
THE News Line Editorial Board sends its May Day greetings to the working class and the youth of the world. This year’s May Day is...
Trump’s tax cuts for corporations will lead to the ‘mother of...
LAST Wednesday US president Donald Trump unveiled what he called the ‘biggest tax cuts in history’ – tax cuts only for the giant corporations...
GENERAL STRIKE IN PALESTINE! – Day of Rage today
A GENERAL strike across the occupied West Bank and East Jerusalem was solid yesterday, with all Palestinian workers on strike and shops and businesses...
Blair launches anti-Brexit plot as Starmer raises remaining in Single...
THE wiping out of the Socialist Party and the Republican Party in France, the ruination of the Fifth Republic and the elevation of the...
Indignation is not enough – working class needs socialist policies
IN HIS first election speech, Labour Party leader, Jeremy Corbyn, expressed his anger and indignation over the policies of austerity ruthlessly carried out by...
Bring down the Tories on June 8th to save the NHS,...
ON JUNE 23 2016 the adventurers Cameron and Osborne, the then PM and Chancellor, came unstuck when they lost their EU referendum and were...
KICK TORIES OUT ON JUNE 8th
‘I HAVE just chaired a meeting of the cabinet, where we agreed that the government should call a general election, to be held on...
Atos & Capita to be paid £700m to throw disabled off...
THE TORY government have turned their fire against one of the most vulnerable sections of society: disabled people. The government has launched a three-pronged attack:...
Bank of England implicated in illegal Libor rigging
THE Bank of England, the UKs central bank and guardian of the country’s banking system, along with being responsible for the running of British...
Bring down the Tories to end benefit cuts and homelessness!
THE Tories are continuing to lash out at the working class and the poor. Last week housing charity Shelter revealed that new government figures on...
Drive the fascists off the streets – forward to workers power...
LAST Friday night, a racist gang attacked and seriously injured a teenage asylum seeker in Croydon. The Kurdish Iranian boy, age 17, was waiting with...
No ‘trade-off’ for the NHS: Kick out the Tories instead!
THE HEAD of NHS England, Simon Stevens, yesterday released the report ‘Next Steps on the NHS Five Year Forward View’, a report that makes...
After Brexit, Forward To The European Socialist Revolution!
PRIME Minister May in her letter to EU President Tusk has described the invoking of Article 50 to begin the UK’s withdrawal from the...
US credit experts warn a crash is coming
NEWS IS quietly emerging from the top of the US banking fraternity that, despite the wild euphoria that has gripped the world financial centres...
British banks’ role in the dirty money ‘global laundromat’ – Chancellor...
ON TUESDAY 21 March Labour shadow Chancellor John McDonnell asked an urgent question of the Chancellor, Hammond, who did not attend the session of...
PPPs are looting the planet – says Public Services International
A NEW report released by the UK-based Jubilee Debt Campaign provides a scathing critique of the failure of PPPs across a range of sectors...
Time to nationalise the banks – the only way to prevent...
THE BANK of America’s March survey has openly warned that another 2008-type worldwide crash is on the way. Its March survey polled 200 investors...
Labour Right Wing Moves To Split Lp On Behalf Of The...
WITH his tale that Unite leader McCluskey (currently up for re-election) intends to pay the union’s political cash over to the pro-Corbyn grass roots...
Trump’s 2018 budget slashes workforce training AFL-CIO
THE AFL-CIO US trade union federation has produced an analysis of President Donald Trump’s 2018 Budget. AFL-CIO President Richard Trumka made the following...