Tag: banks

THE National Association of Letter Carriers’ (NALC) annual food drive collected 74.3 million pounds of food and was the second most successful in the...

WHEN it comes to desperate, mindless optimism the French president, Francois Hollande, is a world leader. In a speech given in Japan over the weekend,...

UP TO 800 firefighters and their supporters on Saturday marched and rallied against the closure of fire stations in London. One march set off from...

LABOUR Party leader Miliband’s speech on the party’s economic strategy showed conclusively that the Labour Party leaders are prepared to completely destroy the Welfare...

CANADIAN Union of Public Employees (CUPE) school worker members in the City of Nanaimo’s Ladysmith school district, British Columbia, have voted overwhelmingly in favour...

YESTERDAY the Labour shadow chancellor, Ed Balls, announced that the Labour Party has officially abandoned the principle of universal benefits in the interests of...

PUBLIC Accounts Committee chairwoman Margaret Hodge has revealed that the Office For Fair Trading (OFT) ‘have never fined a lender for exploiting individual clients’. In...

THE Irish trade union leaders are currently deciding whether to accept state control of their public sector trade unions, including control over wages,...

APART from the bankers and speculators, there is another group looking to make huge profits at the expense of the human misery being created...

THE sharp rises followed almost immediately by even bigger losses on the international stock markets over the past few days, point in only one...

WHEN the leaders of the Coalition are forced to pledge publicly that it will go the distance and will not split apart, the...

ON MONDAY evening, Labour Party leader Miliband completely betrayed the interests of the working class, the youth and the majority of the middle class...

At their annual conference the largest head teachers union, NAHT, passed a motion of no-confidence in the Tory education minister Michael Gove and the whole...

LORD Howe, who is credited with bringing Thatcher down, now seems to be about to perform the same service for PM David Cameron, with...

THE Unite trade union has condemned RBS for ‘brutal and irresponsible’ behaviour by announcing 1,400 job cuts just one day after figures were released...

‘The UK is responsible for one in five of the world’s tax havens – that’s more than any other country,’ stated Tax Justice Policy...

A GRANDMOTHER, who because of the Bedroom Tax, had to pay an extra £20 a week, has thrown herself in front of a...

THE Greek Statistics Authority (ELSTAT) has announced that unemployment reached 27% last February, while youth unemployment (15-24 years old) reached 64.2%, from 54.1% in...

DAVID Prior, the new head of the NHS regulatory body the Care Quality Commission, nailed his colours firmly to the Tory mast of privatising...

The crisis of European capitalism is so severe that it has driven the bourgeoisie to tear at each other’s throats in a frenzy of...

THE News Line Editorial Board sends its revolutionary greetings on this 2013 May Day to the workers and the oppressed nations fighting imperialism throughout...

YESTERDAY the Tory-led coalition launched its ‘pathfinder’ trial of the new Universal Credit System at a job centre in Ashton-under-Lyne, Manchester. From here the government...

OVER 200 Young Socialists and trade unionists lobbied the General Council of the TUC on Wednesday morning as it assembled to discuss the calling...

TODAY’S meeting of the TUC general council must get off the fence and call for an immediate all-out, indefinite general strike to bring down...

The Royal College of Nursing (RCN) started its annual conference this week in the midst of a brutal attack on the nursing profession spearheaded...

LAST Friday, Fitch ratings agency became the second of the world’s three big credit agencies to strip Britain of its top notch triple-A credit...

MOTIONS censuring the union’s leadership are being discussed at the Unison Health Care Service Group Annual Conference being held in Glasgow on 22 –...

THE Croke Park II proposals to cut the public sector pay bill, as part of an additional one billion euros of state cuts, have...

News broke yesterday that the long expected attempt by the coalition to sell off and privatise Royal Mail is set to occur this autumn. What...

IMF managing director Christine Lagarde has warned that the worldwide financial crisis is deepening and more threatening than ever. In a speech at the...

The Federation of Greek Seafarers Trades Union PNO have called a 24-hour strike for 16 April on all ferries, passenger and cargo ships, against...

THE News Line calls for a massive lobby of the next meeting of the TUC General Council on Wednesday 24th April, to demand the...

LEADER of the Coalition of the Radical Left (SYRIZA) Alexis Tsipras has warned that the Troika ‘maybe wants to abolish democracy’. Speaking at a railway...

MARGARET Thatcher was ignored by the bourgeoisie for 23 years after she was put out of office by the Tory leadership in 1990. This...

TORY leader Cameron has backed Chancellor George Osborne after he suggested a link between the Mick Philpott case and the Welfare State. The prime...

OVER two hundred workers, trade unionists and youth attended the News Line-North East London Council of Action Special Conference to defend our hospitals and...

GREEK seafarers along with dockers and all other ports workers staged a solid 24-hour national strike last Wednesday against two separate government Bills to...

THE farcically misnamed Banking Standards Commission (as if the banks had any standards) was created to try and prevent an even bigger banking collapse...

THE International Monetary Fund has delivered a brutal assessment of Ireland’s economic situation, complaining of a lack of progress by banks, and dangers of...

THE demand for a general strike to bring down the government has been driven by the working class onto the immediate agenda of the...

THOUSANDS of investors have launched a joint compensation claim for more than £4.0bn against Royal Bank of Scotland, claiming the 82% state-owned bank deliberately...

HUNDREDS of US cities are going bust, either destroyed by the banking and property collapse or by the crisis of the major US industries. The...

A FURTHER nail was driven into the coffin of British capitalism this week with the release of figures showing that the income from overseas...

FURIOUS CYPRIOT workers took over the streets of Nicosia on Tuesday and occupied the Bank of Cyprus. The occupation took place on the...

Thousands of Bank of Cyprus employees remained in occupation of the bank’s Nicosia headquarters in defence of their jobs yesterday, after hearing that the...