Tag: banks

LAST week the Greek Syriza government avoided defaulting on its debt repayment to the IMF by the skin of its teeth. Just before Tuesday’s deadline...

THE election of a Tory government has seen the class war sharpened to explosion point. Already new anti-union laws have been announced that will...

THE ruling right-wing Tory government of Canada got a massive shock last Tuesday when the Progressive Conservative party (PC) were decisively thrashed in elections...

FOR years now the capitalist class internationally through their mouthpieces in government and the bourgeois press have been peddling, often contradictory, statistics to show...

WOMEN in the UK are more than twice as likely to die in pregnancy and childbirth as those in Poland, Austria or Belarus, according...

‘WHEN they move to close the maternity and A&E at Ealing Hospital, staff, unions and the community must occupy. A General Strike is coming,...

AS the hysterical Tory media begin to run out of scare stories about Labour Party leader Miliband, the essence of the situation is asserting...

THE News Line Editorial Board sends its May Day greetings to the working people of the world at a time when the historic crisis...

YESTERDAY PM Cameron pledged that a Tory government will introduce a law, within 100 days of taking office, guaranteeing no rise in income tax...

THE TUC’s head of European Union and International Relations Department, Owen Tudor, has recently given a lengthy interview to the internet EurActiv which specialises...

THE total wealth of the richest 1,000 individuals and families in Britain has more than doubled in the last 10 years to £547bn, the...

THE one clear message that emerged from Cameron’s speech yesterday was that the political representatives of the capitalist class in Britain have given up...

‘I BELIEVE that young people and working class people are being treated very badly by the capitalist system,’ Workers Revolutionary Party candidate Jonty Leff,...

LENIN’S definition of a revolutionary situation was one in which the ruling class could not rule in the old way, and was riven with...

THE appalling death of up to 950 people fleeing the war-torn regions of the Middle East and North Africa has prompted the political representatives...

FOR many years the Labour Party projected itself as the champion of the working class, hence its very close ties with the trade unions,...

IN a speech on immigration in the Wirral, north-west England, on Saturday, Ed Miliband pledged a Labour government would make sure everyone in Britain...

AT its Spring Meeting in Washington this week, the International Monetary Fund (IMF) made a direct intervention in the general election with an undisguised...

JUST retired NHS chief Sir David Nicholson CBE has left the NHS with a pension pot worth almost £1.9 million, after earning a basic...

POLITICAL ‘role reversal’ is the phrase being bandied about by bourgeois political commentators as they scratch their heads trying to make comparisons between the...

ED Miliband yesterday assured the bankers that a Labour government would cut the current account deficit in each year of its office. Launching his party’s...

NEXT week Washington will host the spring meetings of the International Monetary Fund (IMF) and World Bank. At this gathering, the world’s economic policymakers will...

THIS week all pretence that the illegal regime, that took power in an imperialist-inspired and financed coup last year, rests on ‘popular democratic’ support,...

WALTHAMSTOW’S WRP election premises were opened on Thursday evening to a loud cheer from campaigners and supporters who had gathered outside the shop. Workers Revolutionary...

THE Greek National Federation of Railworkers (POS) has expressed its ‘disappointment’ at the government’s intention to privatise TRAINOSE (Greek Railways). In a statement issued on...

YESTERDAY in Warwick, Labour leader Miliband mustered a battery of very ‘moral’ arguments about ‘fairness’, and the colonial origins of non-dom status, as if...

LABOUR leader Ed Miliband yesterday pledged a Labour government would abolish the non-domicile rule that allows some wealthy UK residents to limit the tax...

THE expansion of food banks across the United Kingdom is associated with cuts in spending on local services, welfare benefits and higher unemployment rates,...

TO say that the international banking system and the world stock markets are in a state described as ‘nervous’ is to do great injustice...

HUNDREDS of mineworkers armed with wooden sticks, employed at the Skouries gold mine in the Khalkidiki area of northern Greece, on Sunday morning supported...

THE giant international bank HSBC is ‘cast-iron certain’ to break the regulatory rules, the laws which are supposed to govern banking practices, again. These were...

THE American viewing public got a stark warning from the billionaire Donald Trump during a recent TV interview when he announced that Americans should...

THE Coalition of the Radical Left (SYRIZA) and Independent Greeks party (ANEL) coalition government, has confirmed that it is to implement a privatisation programme. This...

LABOUR leader Ed Miliband, put on his Tory hat yesterday when he launched his party’s Business Manifesto, at business news agency Bloomberg and...

GREATER Manchester Association of Trades Union Councils (GMATUC ) has called a mass NHS emergency protest rally for Sunday to protest against the plan...

General Election – Thursday 7 May 2015 ALL over Europe the anti-austerity revolution is raging and on May 7 workers in the UK will deliver...

THE general election campaign by both Tories and Labour kicked off on Thursday night with separate television interviews of Cameron and Miliband. While Miliband was...

UNITE yesterday warned of ‘a dangerous and quickening race to the bottom’ in the UK’s offshore oil and gas industry as oil giants Shell...

JAMES Bullard, the head of the St Louis Fed, told a recent City Week Forum in London that investors are far too complacent and...

CAMERON is now going into the May 7th general election with a declaration that he does not intend to serve a third term, that...

DESPITE all the propaganda pumped out by Osborne in his budget speech last week, about UK capitalism ‘walking tall’ and well on the way...

EAST London GPs, patients and supporters on Thursday staged a protest in Limehouse against cuts in funding that threaten to bankrupt around a dozen...

EAST London GPs, patients and supporters yesterday staged a protest in Limehouse against cuts in funding that threaten to bankrupt around a dozen surgeries...

TORY Chancellor Osborne yesterday delivered a Budget that continues the savage austerity war on the working class, while handing billions to big business and...

STUDENTS and unemployed youth have occupied the Law School building of Athens University in the centre of the city demanding the closing down of...