Tag: banks

RISK assessments about the impact of Tory health secretary Andrew Lansley’s health and social care bill on the NHS throw light on the devastation...

THE Office for National Statistics said yesterday that UK unemployment rose by 48,000 to 2.67 million in the three months to December,...

unemployment soared by another 48,000 to 2.67 million in the three months to December, the Office for National Statistics reported yesterday. The official unemployment rate...

BRITAIN’S credit-worthiness has a ‘negative outlook’ Moody’s ratings agency declared late on Monday night, shortly after the markets closed in the US. In the first...

The findings of a survey by the Chartered Institute of Personnel and Development confirm what every worker and young person in the country already...

Hundreds of thousands of workers, youth and self-employed people staged a colossal rally last Sunday night in Athens outside the Vouli (Greek parliament) against...

TENS of thousands of workers and youth participated in the mass rallies and marches throughout Greece last Friday and Saturday as part of the...

MASSES of workers and youth clashed with the state forces in the Greek capital Athens yesterday, on the first day of a 48-hour general...

The Bank of England’s Monetary Policy Committee yesterday voted to increase its Quantitative Easing (printing money) programme by £50bn to a total of £325bn,...

There was no cheer for the British bourgeoisie on Monday when three separate reports from the Institute of Chartered accountants and the accountancy group...

YESTERDAY, the Labour Party leader Miliband wrote in the Observer that ‘Everyone who loves the NHS must fight to defeat this health bill. This...

LABOUR leader Miliband has once again revealed the absolute bankruptcy of reformism. In a speech made yesterday he denied that there were laws governing...

Greek workers and youth are infuriated with the leaked German government document which proposes that an EU ‘Budget Commissioner’ should be installed in Greece...

The headline news throughout the bourgeois media yesterday was that Stephen Hester, Chief Executive of the Royal Bank of Scotland, had magnanimously bowed to...

THE Welfare Reform Bill will ‘undoubtedly’ cause great harm to children and the poorest families in the country, the Children’s Society warned yesterday. The charity...

This weekend, the World Economic Forum meeting at Davos debated the issue of youth unemployment worldwide, a debate that exposed the mortal terror being...

‘Getting rid of capitalism is the issue,’ said Dave Wiltshire, ATUA National Secretary, yesterday. In response to trade union leaders’ anger over the nearly one...

The Greek government spokesman Pantelis Kapsis stated that the Prime Minister was to meet with Institute of International Finance (IIF) director Charles Dallara yesterday...

The annual meeting of the World Economic Forum, held at Davos in Switzerland, started this week with the spectre of the world socialist revolution...

THE West’s escalation of its onslaught on Iran could see Britain sending military reinforcements to the Gulf shortly, following the passage of HMS Argyll...

A report issued on Monday by the independent Resolution Foundation spells out exactly the desperate situation being faced today by the so-called ‘squeezed middle’,...

TALKS on a Greek debt deal, it was reported yesterday, have ‘hit a snag’. The Institute of International Finance (IIF), and their creditors group...

ANTI-CAPITALIST St Paul’s occupiers were defiant and determined to stay despite attempts to evict them through the courts. Ev Emanon from Anonymous UK camped at...

DOCTOR Peter Carter, general secretary of the Royal College of Nursing (RCN), has admitted that despite every attempt to co-operate with the coalition government,...

Anti-capitalist occupiers camped outside St Paul’s cathedral went down to the High Court on Monday in support of the Parliament Square occupiers who are...

On Monday the LibDem leader, Nick Clegg, added his views to the emerging consensus between Labour and the Tories that the problem with British...

THE EU is still reeling from Friday’s decision by Standard and Poor’s rating agency to downgrade France’s triple-A status, at the same time as...

LABOUR leader Ed Miliband has defended his party’s decision to support the government’s pay cuts for public sector workers, and to continue with Tory...

The general strike in Nigeria entered its fifth day yesterday, as talks between President Goodluck Jonathan and trade union leaders failed to end the...

Teachers union NASUWT on Wednesday slammed a report on military academies for ‘promoting National Service for the poor’. NASUWT general secretary Chris Keates condemned the...

THE Tory/LibDem coalition suffered three defeats on Wednesday; in the House of Lords over their plans to slash £1.6 billion from the benefits of...

‘BUT my argument starts by recognising that tough times will continue,’ said Labour leader Miliband yesterday on his policy for dealing with the crisis. He...

THE BOURGEOIS financial markets opened yesterday to the unprecedented news that Germany has sold 3.9 billion euros of debt at a negative rate of...

Nigeria’s main trade unions, the Nigeria Labour Congress (NLC) and Trades Union Congress (TUC), have declared mass backing for an indefinite general strike and...

NIGERIA’S bourgeois government has pledged to the IMF and World Bank that it will push ahead and end oil fuel subsidies regardless of the...

GREECE will either lower its standard of living, or it will exit the euro and turn decades back.’ This was the message from the...

IRAN threatened on Tuesday to take action if the US Navy moves an aircraft carrier back into the Gulf. This is Tehran’s most aggressive...

THE Tory-led coalition has got working class and middle class families with young children in its sights for savage cuts as it seeks to...

Anti-capitalist occupiers camped outside St Paul’s Cathedral yesterday made it crystal clear that not only are they determined to stay indefinitely but will also...

THE Tory/LibDem coalition cuts to housing benefit come into effect today with devastating consequences for all unemployed or low paid workers who rely on...

THE News Line Editorial Board sends its revolutionary greetings for the New Year of 2012 to all our readers and to the working class...

Sir Gus O’Donnell, the most senior civil servant in the country, has broken cover with the public admission that the crisis of the capitalist...

HOMELESS people die thirty years before the national average, says the latest research from Sheffield University commissioned by Crisis, the national charity for single...

THE Trade union bureaucracy, led by TUC leader Barber and Unison leader Prentis, have shown clearly, with their position that the trade unions have...

Yesterday in parliament the Tory Chancellor, George Osborne, announced that the coalition government intended to accept ‘in full’ the proposals on reforming the banks...