Tag: banks

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...

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),...

THE RMT has revealed that the private rail companies war on the rail trade unions is being financed by the UK government, who are...

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...

THE homelessness rate across England is at its highest since 2018, after Tory government policies have forced a record number of families to live...

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...

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...

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 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...

A LANDMARK research study by the Trussel Trust has revealed the excruciating extent of food poverty across Britain as the working class, the middle...

Yesterday, Roger Bootle, a senior advisor to Capital Economics, wrote in the Daily Telegraph an article headlined ‘Basket case Britain is back – and...

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 news from the mortgage front is grim. Millions of families are experiencing shocking hikes in mortgage rates of hundreds of pounds per month,...

THE UK has ‘no alternative’ but to hike interest rates in a bid to make borrowing much more expensive to try to slow down...

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...

A WAVE of corporate defaults is imminent throughout the US and Europe, analysts at the German Deutsche Bank warn in its annual study released...

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, 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 police have fired tear gas to disperse climate demonstrators gathered in Paris to raise their voices against an annual general meeting of oil...

PRESIDENT Biden and his Republican opponents have announced they have agreed in principle to raise the US debt ceiling and to try to avert...

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...

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...

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 HAS LOST NO TIME in announcing a series of fresh sanctions against Russia that include a ban on imports of aluminium, diamonds,...

US PRESIDENT Joe Biden turned up in the Japanese city of Hiroshima yesterday for a meeting of the G7 leaders over the weekend designed...

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...

The annual conference of the Royal College of Nursing (RCN) in Brighton this week is taking place at a time when the entire NHS...

FORMER State Prosecutor Starmer, who has worked tirelessly to keep whistleblower Julian Assange in jail, has given advance warning of just what he intends...

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%...

WORKERS WILL be astonished to learn that Labour leader Keir Starmer, on Saturday, just after the council elections wrote a commentary for the Daily...

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...

IN ITS WEDNESDAY EDITORIAL the Daily Telegraph sought to shed crocodile tears for the striking health workers who are continuing to battle against the...

THE BANKING crash has continued, with First Republic being the third US bank to collapse within three months. First Republic was taken over by the...

THERE was a powerful May Day March from Clarkenwell Green to Trafalgar Square yesterday with more than 10,000 trade unionists, workers, youth and students...

STATEMENT BY THE NEWS LINE EDITORIAL BOARD THE News Line Editorial Board sends its May Day greetings to the working class, the youth and the...

HUW PILL, the chief economist at the Bank of England, has made the official position of the bankers crystal clear when he insisted that...

SOARING prices for bread, cereal and chocolate meant the cost of living rose more than expected last month – these are the fruits of...

A REPORT compiled by Unearthed, the investigative unit of the Greenpeace environmentalist organisation, and the independent journalist organisation Lighthouse Reports has thrown a light...

TORY Chancellor Jeremy Hunt has been in Washington this week attending the spring meeting of the International Monetary Fund (IMF). The IMF, the main economic...

THE INTERNATIONAL Monetary Fund (IMF) made a wildly optimistic prediction yesterday that soaring UK inflation would become nothing more than a historical blip in...

TODAY is the first of four days of strike action by junior doctors throughout the health service in England, in what is the biggest...

THE strike wave is spreading throughout Europe! In France workers are making it crystal clear that they will never allow the increases in the retirement...

ON MONDAY night Andrew Bailey, Governor of the Bank of England, blamed a wave of early retirements for forcing the Bank to make its...

THE FBU has made a decisive intervention, demanding that the trade unions build a campaign to defy the anti-strike laws being pushed through Parliament...

THE WEST tried to hit Russian citizens themselves with sanctions, Russian Prime Minister Mikhail Mishustin said on Thursday in his annual government report to...