Tag: banks

THE CBI bosses organisation said yesterday that UK manufacturers expect to reduce output over the next three months, driving another nail into the coffin...

The Technical Engineering and Electrical Union is to contact ‘like-minded unions’ to seek ‘international legal opinion regarding the possibility of mounting a successful legal...

THE murderous, cowardly missile attack by Israel on Gaza, which killed Ahmed al-Jaabari along with 10 other Palestinians including two children, was a long-planned attack...

YESTERDAY millions of workers across Europe took strike action against the austerity programmes of ‘their’ bosses, bankers and governments. These programmes are creating millions...

Last Friday the administrator brought in to wind down the collapsed electrical retailer chain Comet announced that 330 staff would be made redundant with...

THE HSBC bank, the biggest bank in Europe, says it is looking into allegations that it has set up a large number of offshore...

HUNDREDS of thousands of Greek workers and youth congregated on Wednesday evening and late into the night outside the Vouli (parliament) in...

OBAMA’S re-election is a product of the refusal of US workers to allow an all-out robber baron of capitalism, Romney, to have control over...

LAST week the two main Greek trade union organisations representing workers in the public and private sector called a two-day general strike starting today...

ASSOCIATION of Teachers and Lecturers President Hank Roberts yesterday condemned as ‘outrageous’ an offshore company employing thousands of supply teachers avoiding the payment of...

AFTER all of the Tory propaganda chatter about the ‘recovery has begun’ the reality is that the slump is deepening. The UK’s manufacturing sector,...

ON 27th October the Minister of Education and South African Communist Party General Secretary, Blade Nzimande, along with Cosatu and National Union of Mineworkers...

TORY attempts to convince the working class, the middle class and the poor that the ‘recovery’ has begun and things are looking better, are...

More than 200 workers and youth got massive support from residents and shoppers as they marched through east London on Sunday, to a rally...

AN influential group of MPs have finally admitted publicly what everyone already knows – that the invasion of Afghanistan by NATO troops, led by...

FORD is planning to close its plant in Southampton which makes the Transit van and employs 500 workers. A meeting between Ford’s management and unions...

THE US motorcar giants GM and Ford were rescued from bankruptcy by President Obama who ‘nationalised’ them, so that the US taxpayer could get...

STATEMENT of the Ergatiki Antistasi (Workers Resistance), newspaper of the Revolutionary Marxist League (RML), Greek Section of the International Committee of the Fourth International. FOR...

CHANTING ‘It’s their crisis – the solution is uprising!’; ‘Down with the government and the troika of the EC-IMF-ECB. The time has come...

TODAY’S march called by the TUC must not be just another mass demonstration against the drive by this coalition to bail out the banks...

CAPITALISM is a worldwide system dominating the whole planet, in which there is no national solution to the problems brought about by the latest...

AT the same moment as France and Germany were being given a Nobel prize for keeping the peace in Europe, ie not going to...

PRESS TV has launched a Facebook petition to save the news channel across Europe after European satellite provider Eutelsat SA stopped the broadcast of...

THE NUMBER of people seeking emergency food aid in the UK has doubled in the past six months, the largest organiser of food...

THERE are currently 270 food banks across the UK where poverty-stricken workers and youth are directed to get subsistence amounts of food. As the capitalist...

IN its just-published Global Financial Stability Report, the IMF has found that ‘Confidence remains fragile despite recent policy actions’, and that the ‘Euro area...

THE US economy will fall off the ‘fiscal cliff’ when automatic spending cuts and tax increases kick in at the beginning of next year,...

IN an attempt to show some class war steel, Chancellor Osborne began his speech at the Tory Party conference with an assault on a...

IN HIS speech to the Tory faithful yesterday the Tory chancellor, George Osborne, made it absolutely clear that he is going to grind the...

SIPTU President, Jack O’ Connor, last Friday condemned a call by the Central Bank for more pay cuts across the economy. He said the...

IN HIS first interview since becoming the coalition Health Secretary, Jeremy Hunt spelt out bluntly that capitalism could no longer afford a national health...

THE CALL for European-wide, co-ordinated strike action to defeat the EU ‘austerity’ measures made by the leader of the Greek TUC is a sure...

TUESDAY'S speech to the Labour Party conference has been greeted with an outpouring of joy from the leadership of the trade unions and the...

SYRIA’S Foreign and Expatriates Minister Walid al-Mua’llim on Monday delivered a speech before the United Nations General Assembly. He warned: ‘Instead of seeking to contribute...

Shadow chancellor Ed Balls provoked the fury of the unions at the Labour Party Conference in Manchester yesterday with his refusal to pledge a...

BEFORE the 1997 election, the Blair-Brown gang proved to big business that they were the right men to run capitalism by conducting a war...

HUNDREDS of thousands of workers, youth, self-employed and small shopkeepers took part last Wednesday in the mass and militant demonstrations throughout Greece as part...

IN a week when Greece and Spain witnessed massive strikes and demonstrations against austerity measures – designed to drive the working class and youth...

YESTERDAY Greece was hit by a massive general strike with tens of thousands of workers marching in Athens demanding that there be an...

ATHENS riot police were firing rubber bullets and tear gas at workers and youth near to the Athens parliament building during yesterday’s general strike....

IMF CHIEF Christine Lagarde opened her speech of last Monday in Washington with a dose of false optimism. She said: ‘Let me begin by saying...

THE Portuguese government has agreed to look for alternatives to th social security tax rise, just one week after huge anti-austerity street protests shook...

UK PUBLIC sector borrowing has hit a record high of £14.4bn. After more than two years of Tory austerity measures, the deficit for August...

AT the end of August the EU-imposed Greek prime minister, Antonis Sameras, announced to a disbelieving populace that the £9.3 billion cuts imposed on...

THE victory of the strike of the Lonmim miners will inspire not just the workers of South Africa and Africa as a whole, but...