Tag: banks

GREEK Prime Minister and SYRIZA leader Alexis Tsipras initiated a meeting of all the political parties’ leaders in Athens on Monday. A ‘joint statement’, issued...

ON Sunday the Greek working class, youth and rural poor delivered a hammer blow to bankers and the capitalist system when it defied all...

CHANCELLOR Osborne’s second budget this year will be his first for a Tory government with an overall majority and he intends to use it...

HUNDREDS of workers and youth demonstrated in front of the Greek Business Association (SEV) building in Athens on Wednesday afternoon demanding that firms pay...

GREECE’S Prime Minister Alexis Tsipras offered new concessions to the country’s creditors in a letter that was received by them last Tuesday. In the...

IN its latest annual report, the Bank for International Settlements (BIS), the ‘central bank of central banks’, has warned that capitalism is ‘defenceless’ against...

STATEMENT BY THE REVOLUTIONARY MARXIST LEAGUE Athens, Saturday 27/6/15 For a strong class ‘NO’ vote in the referendum! No to the austerity accords! Out of EU, IMF and...

THE Syriza party won the last Greek general election with its declarations that once elected it would put an end to the austerity dictatorship...

THE debt talks between Greece and its international creditors collapsed on Thursday night with German Chancellor Merkel telling the Greek PM Tsipras to shut...

THE number of children living in poverty in the UK remains 2.3 million, government figures show. This situation has seen thousands of families depending on...

OVER 250,000 people took part in a huge anti-austerity demonstration in London on Saturday, organised by the People’s Assembly. They took part in a rally...

INTERNATIONAL ‘free trade’ agreements represent the attempt by the vast multi-national capitalist corporations to completely dominate the globe. The domination they seek is over...

Just six weeks in power and the Tory government are so weak and divided that they can only survive through the treacherous support of...

THE crisis in Greece has reached breaking point this week with the unelected European Commission threatening to declare a ‘state of emergency’ in the...

THE right to decent work, an end to the banks’ veto on mortgage resolutions and the abolition of water charges are among the measures...

David Cameron, was at his most nauseating, hypocritical best yesterday when he delivered a speech marking the 800-year anniversary of the signing of the...

THE Independent Police Complaints Commission issued a report on Friday detailing the findings of its two and a half year long inquiry into...

CHANCELLOR Osborne used his annual address at the Mansion House on Wednesday night to announce that he will be selling off the government’s share...

THE great EU referendum crisis in the UK has sharpened after PM Cameron denied his earlier remarks that after he had negotiated a deal...

EMBARRASSED MPs are appealing to Downing Street to make a new appeal to the IPSA body that sets MPs’ pay to abandon plans for...

THE head of the International Monetary Fund, Christine Lagarde, admitted on Thursday that she could not ‘preclude’ Greece being forced out of the eurozone. This...

WASHINGTON — The nation’s most powerful labour leader, vowing to defeat President Obama’s key trade legislation in the House next month, warned Hillary Clinton...

THE Queen yesterday outlined that her government ‘will legislate in the interests of everyone in our country. It will adopt a one nation approach’. This...

LAST Friday, the ‘independent’ health care regulator, the Care Quality Commission (CQC), finally issued its report on healthcare provision at the Barts Healthcare Trust,...

‘BY means of the banking system the distribution of capital as a special business, a social function, is taken out of the hands of...

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...