Tag: banks

SACKED Finance Ministry cleaners demanding re-employment, occupied the Athens district tax office in Kallithea yesterday morning. At the same time, state teachers on the ‘mobility...

ELDERLY and disabled passengers are losing vital bus services because of cuts in government funding, councils in England are warning. The Local Government Association (LGA)...

THE coalition government’s favourite private benefits testing company, Atos, is desperately attempting to jump ship after pocketing a fortune for driving people off sickness...

THE Tory-led coalition's savage attack on welfare claimants and the inevitable poverty and destitution they have caused for millions of working class families ...

RETAIL Price Index (RPI) inflation, which includes housing costs, grew by 2.8% in the year ending January 2014, up from 2.7% in December 2013. This...

NONE of the three main parties have very much to shout about over the outcome of the Wythenshawe and Sale East by-election. Labour’s Michael Kane...

THE full effects of the coalition’s bedroom tax, which was introduced last April, have been highlighted in two reports published on Wednesday and revealed...

BARCLAYS bank yesterday announced plans to sack 12,000 bank workers and in the very same breath announced whopping bonuses for its top bankers. The...

RETURN to 1950s-style credit controls or face a credit-fuelled global collapse, was the stark warning given by the former stock market regulator, Jonathan Turner...

A UN human rights committee report on UK social housing conditions has urged the ‘immediate suspension’ of the bedroom tax in the UK. The bedroom...

AFTER all the fake sound and fury of parliamentary question time, with party leaders locked in apparent combat without quarter given or asked for,...

WHAT started last week as a crisis in the international capitalist stock markets is turning into a full-scale crash with Wednesday’s decision by the...

THE US Federal Reserve has further scaled back its Quantatitive Easing programme of free money for the US banks by another $10bn to $65bn...

UNIVERSITY lecturers up and down the country came out on strike on Tuesday in the second of a series of two-hour strikes in an...

PRESIDENT Barack Obama’s State of the Union Address attempted to present an image of a presidency that was capable of achieving something for the...

A HIGHLY critical report, published by a committee of MPs yesterday, suggests that Jobcentre staff are given targets for kicking people off benefits. The...

IN a radio interview yesterday morning the Tory prime minister, David Cameron, pronounced that the UK economy was seeing a ‘balanced economic recovery.’ All this...

THE International Federation of Journalists (IFJ) and the European Federation of Journalists (EFJ) have expressed their deep concern about the Greek government’s ‘unacceptable’ plans...

THE death of 2-year-old Muhammad Hashir Maveed last Wednesday is a tragic warning of the cost to human life that must inevitably result from...

THIS week, in an attempt to cash in on the universal hatred felt by the working class and middle classes towards banks and bankers,...

YESTERDAY’S closure of ten London fire stations, with the loss of 552 firefighter jobs and the axing of 14 fire engines, shows how little...

COUNCILS all over the UK are poised to make the most savage cuts ever that will wreck and destroy local communities by destroying all...

The disarray, confusion and splits within the Tory/LibDem coalition government were brought out sharply over Monday’s announcement by Tory chancellor, George Osborne, that he...

IN A speech last November, Cameron declared a permanent ‘austerity war’ against the working class, singling out the unemployed and young people as the...

TENANTS receiving housing benefit have been issued with eviction notices by the largest ‘buy-to-let’ private landlord in the country. Fergus Wilson, who owns 1,000 properties...

THE six-hour strike by firefighters on New Year’s Eve was a demonstration of the solidarity and determination of FBU members across the country to...

THE leaders of 10 NHS organisations have called in an open letter for a ‘new page to be turned’ in 2014. Powerful organisations including...

‘FOOD BANKS, zero hours and pay cuts for the many – tax cuts and pay growth for the few,’ that’s what ‘recovery’ means to...

THE News Line Editorial Board sends its New Year’s greetings for the year 2014 to all our readers and to the workers and youth...

THE US has sent 75 Hellfire air-to-ground missiles to Iraq, with many more on the way. They are to be used to try to...

AT 7pm on the dot on Christmas Eve the doors of Stoke Newington Fire station opened and the fire fighters began their seventh strike...

THE Tory Works and Pension Minister, Iain Duncan Smith, is furious with the accusation that the government’s policies of cutting all benefits to the...

THE President of Bulgaria, Rosen Plevneliev, has correctly rebuked Tory leader Cameron for peddling nationalism and isolationism. It is ironic that the UK – which...

THE UK unemployment rate fell to 7.4%, from 7.6% for the three months to September, according to figures released by the Office for National...

Yesterday, in a speech delivered in the Hertfordshire town of Stevenage, Labour leader, Ed Miliband, reiterated his pledge that the next Labour government would...

ON Tuesday night, the chairs of the US House and Senate budget committee, Paul Ryan (Republican) and Patty Murray (Democrat), held a joint press...

Last week it was revealed that the number of people forced onto the new scheme by the end of next year is now estimated...

MEMBERS of Parliament will receive an 11% pay rise following the publication of the Independent Parliamentary Standards Authority recommendations later on this week The rise...

THOUSANDS of Greek school and university students took part in militant anti-government and anti-police marches in all the major cities last Friday to commemorate...

TRADE unions responded angrily to the Tory Chancellor Osborne’s Autumn Budget Statement in which he announced permanent austerity, raising the state pension age to...

CHANCELLOR OSBORNE underlined the precarious nature of his ‘recovery’ when he told the House of Commons yesterday ‘the job is not done…we don’t squander...

THE Greek coalition government of Prime Minister Antonis Samaras is in a crisis following disagreements over more barbaric economic measures demanded by the EC-IMF-ECB...

ISRAEL must immediately lift its blockade on the Gaza Strip, allowing the delivery of fuel and other essential supplies into the territory without restrictions,...

LAST Monday the coalition government’s drive to privatise every single public service and completely smash up the welfare state took yet another grotesque turn...

HOUSE-BUILDING giant Baratt Homes’ share price crashed by ten per cent yesterday in an immediate response to Bank of England Governor Mark Carney’s announcement...