Tag: banks

THE row over the Tories so-called ‘pasty tax’ has become a dangerous diversion in the hands of the Labour leadership who are intent on...

UK economic growth for the last quarter of 2011 has been revised downwards to a 0.3% contraction, another body blow to those who had...

WEDNESDAY’S budget left no room for doubt about who the coalition government intends should pay to bail out the bankrupt British economy – pensioners,...

OSBORNE began his budget address yesterday by admitting the calamitous state of British capitalism saying that recovery would be ‘challenging’ since ‘we’ve had the...

Care homes are increasingly struggling to provide high quality care for residents with complex medical conditions, amid a backdrop of a severe lack of...

European finance ministers met in Brussels yesterday to rubber-stamp the deal agreed at the last minute last Thursday to bail-out the bankrupt Greek economy...

THE governor of the bank of England, Mervyn King, has launched a scathing attack on the major UK banks, accusing them of trying to...

THE Greek Prime Minister Lucas Papademos was in Brussels yesterday seeking final approval from Germany and France for Greece’s second bailout deal. Greece is continuing...

The British MP Denis McShane has given a serious warning about the situation in Greece. He said: ‘When I first visited Greece I saw...

SEVEN unions held a joint demonstration outside the Royal Courts of Justice on Monday against the government’s imposed changes in the way they calculate...

Yesterday six trade unions appeared at the Royal Courts of Justice to appeal against a High Court decision that the coalition government will slash...

Tens of thousands of workers and youth participated in yet another mass rally outside the Vouli (Greek parliament) in Athens yesterday, demanding the overthrow...

David Cameron has convened a summit at Downing Street this afternoon to discuss the ‘implementation of NHS reforms’ with a ‘range of national healthcare...

AFTER 2008, the masses of the world showed they were not about to give up all their hard-won gains so that the 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...

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...

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

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...

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...

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

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

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 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...