Tag: banks

ON JUNE 23 2016 the adventurers Cameron and Osborne, the then PM and Chancellor, came unstuck when they lost their EU referendum and were...

‘I HAVE just chaired a meeting of the cabinet, where we agreed that the government should call a general election, to be held on...

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:...

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...

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...

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...

THE HEAD of NHS England, Simon Stevens, yesterday released the report ‘Next Steps on the NHS Five Year Forward View’, a report that makes...

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...

NEWS IS quietly emerging from the top of the US banking fraternity that, despite the wild euphoria that has gripped the world financial centres...

ON TUESDAY 21 March Labour shadow Chancellor John McDonnell asked an urgent question of the Chancellor, Hammond, who did not attend the session of...

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...

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...

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...

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...

NHS services in England are now, facing head on, a ‘mission impossible’ to meet the standards required by the government, the NHS ‘Providers’ health...

THE LEADER of the Scottish Nationalist Party, Nicola Sturgeon, dropped a bombshell yesterday with her announcement that she intends to push through a vote...

THE Brexit Secretary Davis yesterday urged MPs not to ‘tie the prime minister’s hands’ and to defeat the two House of Lords amendments to...

REPUBLICAN leaders in Congress are working on plans to cut health benefits for tens of millions of people, warned the AFL-CIO trade union federation. It...

TORY Chancellor Philip Hammond has signalled more savage cuts in Wednesday’s Budget, saying he will not be having a public sector ‘spending spree’. Writing...

SATURDAY’S 100,000-strong march to defend the NHS from the accelerating Tory drive to destroy it showed once again that the masses are ready to...

UP TO 100,000 health workers, trade unionists, students and youth marched through London to defend the NHS on Saturday. There were balloons from Unison, Unite,...

THIS week sees the return to Athens of the Troika’s ‘bail-out monitors’ to oversee yet another round of austerity cuts designed to crucify the...

LORD Heseltine is notorious for his closure of the mining industry in 1993, as Secretary of State for Trade and Industry in the Major...

IN what must be the most blinding statement of the obvious, senior members of the Bank of England admitted yesterday that they did not...

TORY business secretary Greg Clark emerged from talks in France with General Motors and PSA, the owners of Peugeot, announcing that the talks had...

DOZENS of garment workers and labour leaders are facing unfair or apparently fabricated criminal cases in Bangladesh after wage strikes in December 2016, Human...

FRENCH vehicle maker the PSA Group says it is pushing ahead with a plan to invest in Iran’s auto industry despite an increased anti-Iran...

NHS hospitals and GP surgeries in England and Wales face a massive £635 million hike in their business rates by the May government over...

‘THIS Conference must give a lead in the struggle to defend the NHS and stop it being destroyed by this Tory government... Trade union...

THE International Monetary Fund has warned that Greece’s debts are on an ‘explosive path’ in its first annual review of the country’s economy since...

SPEAKER Bercow, with his condemnation of any invitation to US President Trump to address both Houses of Parliament, has shown just how split and...

YESTERDAY the Tory government was forced to concede that that a further 23,000 tax credit claimants whose benefits had been had been cut by...

THE Bank of England delivered its first announcement of 2017 on the economy yesterday, claiming that British capitalism had defied all expectations of a...

WITH home care for the elderly in a huge crisis as private companies go broke and councils declare that they cannot afford to meet...

THE STRIKE wave sweeping across Britain has a revolutionary content. Since the capitalist crisis first burst into the open with the banking collapse of 2008...

US FORCES at dawn yesterday carried out a series of ground and air raids against a village in the Yemeni province of Bayda, killing...

LABOUR leader Jeremy Corbyn finally bit the bullet yesterday afternoon when he announced he would issue a three-line whip to Labour MPs instructing them...

YESTERDAY Tory prime minister Theresa May announced a new era of state intervention to ‘save’ British capitalism. According to this strategy, selected sectors will be...

IT’S BEEN a lightning courtship. PM May is to meet Trump on Friday. May opposed the Brexit pre-referendum and was appointed PM by the 1922...

RIGHT-WING Labour MPs, with the enthusiastic support of the Tory press, are manoeuvring once again to split the Labour Party so that they can...

LAST Sunday fifty Tory MPs demanded the government bring in even more draconian laws aimed at breaking the growing strike movement that is gaining...

ON Saturday the Daily Telegraph disclosed to the world – ‘that moderate Labour MPs are plotting to undermine Mr Corbyn by staging resignations...

YESTERDAY both the RCN nurses and the Royal College of Physicians made it perfectly clear that the time has arrived when action to defend...

MONDAY’s speech to the Charity Commission by the unelected Tory prime minister, Theresa May, revealed the weakness of the Tory government and its intense fear...

THE BANK of England has admitted what it calls a ‘Michael Fish’ moment over its failure to predict the 2007-8 banking crash and its...