Tag: banks
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...
NHS is faced with ‘mission impossible’ because of a Tory...
NHS services in England are now, facing head on, a ‘mission impossible’ to meet the standards required by the government, the NHS ‘Providers’ health...
Reject the SNP attempt to split the working class! Forward to...
THE LEADER of the Scottish Nationalist Party, Nicola Sturgeon, dropped a bombshell yesterday with her announcement that she intends to push through a vote...
MPs must vote to quit the EU – forward to the...
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 plan to cut health benefits for millions warns AFL-CIO!
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...
More Savage Budget Cuts!
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...
100,000 march as trade union leaders fiddle while Tories burn NHS!
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...
100,000 march to Parliament to defend NHS
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,...
Smash the EU – forward to the United Socialist States of...
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...
Heseltine joins Blair’s campaign for an anti-Brexit uprising!
LORD Heseltine is notorious for his closure of the mining industry in 1993, as Secretary of State for Trade and Industry in the Major...
Bank of England is clueless as financial crisis drives socialist revolution
IN what must be the most blinding statement of the obvious, senior members of the Bank of England admitted yesterday that they did not...
Occupy Vauxhall plants – the only way to save jobs!
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 Bangladesh workers’ leaders are facing fabricated criminal charges!
DOZENS of garment workers and labour leaders are facing unfair or apparently fabricated criminal cases in Bangladesh after wage strikes in December 2016, Human...
Iran Battling Against US Imposed Sanctions!
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...
Business rates hike is to bankrupt the NHS – Time to...
NHS hospitals and GP surgeries in England and Wales face a massive £635 million hike in their business rates by the May government over...
Trade union-led occupations and a general strike to remove the Tories...
‘THIS Conference must give a lead in the struggle to defend the NHS and stop it being destroyed by this Tory government... Trade union...
Greek debt is on an ‘explosive path’ says the IMF
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...
It’s Bercow v Trump as the British ruling class splits between...
SPEAKER Bercow, with his condemnation of any invitation to US President Trump to address both Houses of Parliament, has shown just how split and...
End Tory benefit and job cuts through socialist revolution
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...
Crisis of European capitalism deepens – Down with the EU! Forward...
THE Bank of England delivered its first announcement of 2017 on the economy yesterday, claiming that British capitalism had defied all expectations of a...
Families told to ‘Look after your parents as well as your...
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 Britain demands a new leadership in trade...
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 raid on the Yemen kills 57 as Trump prepares for...
US FORCES at dawn yesterday carried out a series of ground and air raids against a village in the Yemeni province of Bayda, killing...
Right-wing Labour wants to force workers to remain in EU!
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...
Tory plans to ‘save’ British capitalism are nothing but a subsidy...
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...
May To Meet Trump On Friday – Trump To Meet The...
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 threaten to split Labour Party to try to halt...
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...
Smash the anti-union laws with a general strike
LAST Sunday fifty Tory MPs demanded the government bring in even more draconian laws aimed at breaking the growing strike movement that is gaining...
Take action to smash the ‘rigged’ capitalist system!
ON Saturday the Daily Telegraph disclosed to the world – ‘that moderate Labour MPs are plotting to undermine Mr Corbyn by staging resignations...
Time For Action To Defend The NHS!
YESTERDAY both the RCN nurses and the Royal College of Physicians made it perfectly clear that the time has arrived when action to defend...
Corbyn is playing the May game!
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...
Bankers’ forecasts wrong again! New banking crash will ignite revolution!
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...
Only Socialist Revolution can end inequality
NOTHING demonstrates more graphically the increasing polarisation between the working class and the capitalist class than the gigantic and ever-increasing differentials between the obscene...
OECD warns of a global property prices crash
THE Organisation for Economic Co-operation and Development (OECD) has sent out a New Year warning that global property prices have increased so dramatically that...
Rail Companies ‘milking the system’ – Renationalise the Railways now
RAIL passengers are being hit by rail fare hikes that are ‘truly staggering’, according to the Labour Party transport spokesman Andy McDonald. The increases, which...
Forward To The World October!
New Year’s statement by the News Line Editorial Board THE News Line Editorial Board sends its warmest revolutionary greetings for the New Year of 2017...
Tory plans for their police state! Step too far even for...
THE Tories’ new mass surveillance laws got a setback this week when the European Court of Justice ruled that its snoopers’ charter, the Investigatory...
Trade Unions must occupy hospitals threatened with closures! Come to...
THE NHS is the battleground within which the class struggle in this country is being fought out to the finish. The Tory government plans...
SOVIET WORKERS AND YOUTH WANT THE USSR RESTORED!
THE interviews given by Mikhail Gorbachev on the 25th anniversary of the Stalinist bureaucracy overthrowing the USSR show that the question of the restoration...