Tag: banks
Unsafe schools set to collapse! Pupils and teachers are in danger...
YESTERDAY’S Observer newspaper a champion of the rule of the British bosses and bankers, was forced to admit that it had been told by...
Consultants, Junior Doctors and rail workers are in struggle. TUC must...
THE Junior Doctors and Consultants in England, faced with a ruling class that is determined to destroy the NHS, have joined forces and will...
Hands off our ticket offices! – RMT leads march to 10...
Over one thousand angry RMT rail union members and their supporters marched from the Department of Transport offices to Downing Street on Thursday evening...
Trump revels in charges of treason as US is gripped by...
YESTERDAY evening, former US president Donald Trump, accompanied by a US Secret Service Motorcade, swept up to Fulton county jail and handed himself in...
Kick out privatising hospital managers – place NHS under the management...
THE aftermath of the sentencing on Monday of Lucy Letby for the murder of seven babies and the attempted murder of six others at...
UK recession ‘inevitable’ – only socialist revolution can end capitalist crisis
THE FICTION of a ‘light at the end of the tunnel’ for British capitalism is now firmly rejected by even the most loyal of...
The only way to ‘fix’ capitalism is to overthrow it and...
THE euphoria over figures released this week that the UK inflation rate in July had dropped to 6.8%, meaning that prices were shooting up...
Latest inflation figures spur Tories and Bank of England to ramp...
INFLATION figures yesterday, that recorded a drop in the inflation rate to 6.8% in July, have been greeted by the Tories and the Bank...
Inflation still outstripping pay – workers won’t be fooled says Unite...
‘DESPITE Tory claims that the cost-of-living crisis is coming to an end, the truth is that inflation (RPI) is still outstripping wage growth,’ Unite...
Germany crashes into recession – socialist revolution the only answer to...
THE GERMAN economic recession has deepened, with the number of corporate insolvencies in the country sharply increasing in July. Almost a quarter more companies filed...
Bank of England chief economist Huw Pill – sky high...
DURING a public on-line question and answer session on Monday, the Bank of England’s chief economist Huw Pill warned that higher food prices ‘may...
Tories rushing into NHS privatisation, while Labour attacks them for delaying...
THE TORIES are planning to knife the NHS through a massive expansion of the private health sector. The Labour turncoats are meanwhile critical of them...
TUC warns interest rate increases driving unemployment but has no answer...
YESTERDAY the Bank of England hiked interest rates up to 5.25%, the 14th time in a row that rates have been increased as the...
Time For The US Working Class To Dump The Republicans And...
FORMER US President Donald Trump has been charged with illegal plotting to overturn his 2020 election defeat. He is accused of four counts including...
St Mungo’s 10 weeks on strike – as rough sleeping soars
TEN weeks into their indefinite strike for a 10% pay increase, over 200 St Mungo’s homelessness charity workers and their supporters held a festival...
Bank of England appoint Bernanke, the architect of QE, to rescue...
At the weekend, bosses at the Bank of England announced that they had drafted in the ex-chairman of the US Federal Reserve Bank (Fed),...
Tory Government Is Making War On The Rail Trade Unions –...
THE RMT has revealed that the private rail companies war on the rail trade unions is being financed by the UK government, who are...
US Raises Interest Rates To The Highest Level In 22 Years...
THE US central bank has raised interest rates to the highest level in 22 years, as it fights to stabilise prices in the world’s...
Homelessness is growing like a plague – Nationalise the banks and the...
THE homelessness rate across England is at its highest since 2018, after Tory government policies have forced a record number of families to live...
Consultants are fighting for the NHS – the working class must...
YESTERDAY, NHS consultants went out on a two-day strike, the first in nearly 50 years, over their demand for an increase in pay to...
All The Trade Unions Must Come Out With The Junior Doctors!
PM Sunak has said he is yet to make a ‘final decision’ on whether to accept the recommended pay rises for public sector workers. Official...
Hunt and Bailey will ‘do whatever is necessary’ to save bankrupt...
ON MONDAY night, 400 leading figures from the world of high finance and corporate business gathered at the Mansion House in London to hear...
The markets panic and crash as capitalism heads for a major...
THE stock markets are crashing as the Tory government’s borrowing costs went soaring yesterday to a 15-year high, amid a global shares sell off...
Workers, the poor and pensioners are being starved to pay for...
A LANDMARK research study by the Trussel Trust has revealed the excruciating extent of food poverty across Britain as the working class, the middle...
Britain an economic ‘basket case’ – time to end capitalist crisis...
Yesterday, Roger Bootle, a senior advisor to Capital Economics, wrote in the Daily Telegraph an article headlined ‘Basket case Britain is back – and...
Bank of England raises rates to make workers pay for the...
THE Bank of England yesterday raised its interest rate from 4.5% to 5%, the highest level for 15 years, in a declaration of war...
The ‘Mortgage Bomb’ is about to explode, pauperising the middle class,...
THE news from the mortgage front is grim. Millions of families are experiencing shocking hikes in mortgage rates of hundreds of pounds per month,...
The Bank of England is set to embark on a series...
THE UK has ‘no alternative’ but to hike interest rates in a bid to make borrowing much more expensive to try to slow down...
St Mungo’s strike going from strength to strength
FIVE-HUNDRED St Mungo’s homelessness charity workers – now into the second week of their month-long strike – are going from strength to strength in...
Wave of corporate defaults looms across the world – Socialist revolution...
A WAVE of corporate defaults is imminent throughout the US and Europe, analysts at the German Deutsche Bank warn in its annual study released...
Powerful start to month-long St Mungo strike!
Workers at the homelessness charity St Mungo’s began four weeks of strike action on Tuesday May 30, fighting to win a backdated pay rise...
Germany crashes into recession while EU banks face collapse – socialist...
GERMANY, the EU’s biggest economy, has crashed into recession data revealed by the Federal Statistics Office last week showed. This was a blow to the...
French Riot Police Tear Gas Climate Demonstrators
French police have fired tear gas to disperse climate demonstrators gathered in Paris to raise their voices against an annual general meeting of oil...
US Congress To Vote On Raising The US Debt Ceiling – Workers...
PRESIDENT Biden and his Republican opponents have announced they have agreed in principle to raise the US debt ceiling and to try to avert...
Heathrow Strike Action
CARS, lorries and buses hooted support along the busy Bath Road on the perimeter of Heathrow Airport in west London yesterday morning as 1,400...
Biden contemplates unilateral action against the US debt mountain and organising...
PRESIDENT Biden on Sunday, speaking in Hiroshima, the scene of a US-UK atom bombing, was forced to address the US banking crisis and whether...
Greece goes to the polls as workers mobilise against austerity
Workers and youth in Greece were looking to deliver a huge blow to the current right-wing government of Kyriakos Mitsotakis in yesterday’s parliamentary elections. The...
PM Sunak heaps sanctions on Russia as US, EU and UK...
PM SUNAK HAS LOST NO TIME in announcing a series of fresh sanctions against Russia that include a ban on imports of aluminium, diamonds,...
US debt crisis forces Biden to abandon trip to ramp up...
US PRESIDENT Joe Biden turned up in the Japanese city of Hiroshima yesterday for a meeting of the G7 leaders over the weekend designed...
Maudsley & Royal Bethlem Hospital workers on their 3rd day of...
FACILITIES staff are on the third day of their four-day strike action today at Maudsley and Royal Bethlem Hospitals. Lois Gyabi, striking GMB member, told...
Nurses determined to fight the Tories – all trade unions must...
The annual conference of the Royal College of Nursing (RCN) in Brighton this week is taking place at a time when the entire NHS...
Starmer Pledges A ‘Blairite On Steroids Government’ To Smash...
FORMER State Prosecutor Starmer, who has worked tirelessly to keep whistleblower Julian Assange in jail, has given advance warning of just what he intends...
‘Inflation hangs around like a bad smell!’ says BofE!
THE BANK of England has raised interest rates to their highest levels in almost 15 years. The base rate has risen from 4.25% to 4.5%...
Labour leader Starmer supports the monarchy, opposes strikes and pickets,...
WORKERS WILL be astonished to learn that Labour leader Keir Starmer, on Saturday, just after the council elections wrote a commentary for the Daily...
Starmer Is Ready To Form A National Government To Save Capitalism...
EARLY results in local council elections in England have seen Labour and the Liberal Democrats gain key councils at the expense of the Conservatives. Labour...