Tag: banks

Treasury Secretary, Liberal Democrat Danny Alexander yesterday appealed for workers to scab on the November 30 public sector pensions strike. He told the Andrew Marr...

ON the very day that the public sector union Unison announced a massive vote in favour of strike action to defend pensions, the leadership...

PREMIER Papandreou told the Greek parliament yesterday that he was now adopting a ‘national position’ and was discussing with the right-wing...

IN A situation where their NTC proteges are not even sitting securely in the saddle in Libya, the UK and the US ruling classes...

THE fact that Papandreou has had to sack the Greek Military General Staff at the same time as he has angered Sarkozy and Merkel...

SEVENTY-ONE former Southern Cross Care Homes in the UK were being transferred to new operator Four Seasons on Monday (31 October 2011). These are the...

In the past few days electricity bills delivered to Greek households have contained a demand for the hated new property tax. This tax, which ranges...

AS details emerge of the desperate measures hammered out in Europe on Wednesday night in an attempt to save the eurozone from collapse and...

‘We will be here indefinitely!’ was the defiant message on Tuesday night from the anti-capitalist occupiers who have built up a ‘tent city’ outside...

BIG BUSINESS should be given the right to dismiss unproductive workers without explanation or warning, declares a leaked report to the coalition government by...

THE Tory-led coalition was rocked on Monday night when over 80 Tory backbench MPs, leftovers from the days of empire, voted for a...

Occupy London protesters against the banks voted on Saturday to continue their camp outside St Paul’s Cathedral and expanded their protest to another camp...

As the Welfare Reform Bill progresses through the committee stage of the House of Lords so more evidence is emerging about the catastrophic effect it...

AN open letter from the ‘Occupy Wall Street’ (OWS) movement that began in New York and spread world wide, calls for all workers...

THE entire capitalist economy of Europe took a decisive step towards total meltdown with the admission last Thursday that agreement on a Europeanwide bail-out...

LAST Wednesday and Thursday saw the biggest general strike of all workers, public and private sector, shopkeepers, and transport workers, which brought the whole...

HALF a million Greek workers, students and youth marched through Athens on Wednesday. This was as part of a two-day general strike against a government...

EX-VISTEON workers who successfully occupied their factory after being sacked, joined the picket of Chase Farm hospital on Tuesday reinforcing the call for occupation...

WITH interest rates at their lowest ever at 0.5%, the UK economy is at a dangerous junction, warns the Ernst and Young Item Club. Its...

SATURDAY saw demonstrations and occupations taking place in many countries following the example of the Spanish and Greek square occupations that have featured as...

Over 600 people were yesterday massed at the steps of St Paul’s Cathedral, holding a popular assembly after hundreds had camped out overnight following...

THE Tory-led coalition is planning to reintroduce the Riot Act nearly 40 years after it was abolished in England and Wales. Under proposals set out...

THE Coalition government is busily building a paradise for the landlords, the latest Shelter Rent Report shows. In this paradise, private tenants, who can no...

THE number of young people out of work has reached a record high of almost one million, according to the latest unemployment figures. ...

UNISON has held a series of meetings across the North West in their campaign to defend NHS workers’ pensions. Thousands of NHS employees have...

FALLING incomes will mean the biggest drop in living standards for middle-income families since the 1970s, when the Yom Kippur war resulted in the...

AT the weekend the new Labour shadow health secretary, Andrew Burnham, delivered a treacherous stab in the back to the NHS with the announcement...

AN OPINION piece in yesterday’s Sunday Telegraph pointed to yet further attacks on the trade unions’ rights to organise and represent their members. According to...

THE fact that 40 per cent of disabled children are living in poverty is ‘a scar on the conscience of Britain’, says Unite, the...

THE governor of the Bank of England, Mervyn King, finally admitted publicly that British and world capitalism faced their ‘worst crisis ever’, a crisis...

BANK of England Governor Mervyn King has warned that the UK financial crisis is possibly the greatest ever crisis in the history of capitalism. He...

THE Communications Workers of America Executive Board has endorsed the youth-led Occupy Wall Street Movement. Occupy Wall Street youth campaigners have joined...

AT THE Tory Party conference on Monday, Chancellor Osborne outlined the three mistakes made by government, the bosses and the bankers which...

A NORTH East London Council of Action conference of over 150 workers, pensioners and youth on Saturday voted unanimously for an occupation of...

ON Thursday, the German Parliament (Bundestag) voted by 523 to 85 to increase the funds available to the European Financial Stability Facility (EFSF) from...

DEFENCE engineering giant BAE Systems confirmed yesterday that it is cutting a further 3,000 jobs at sites across the country, mainly in its military...

IN THE middle of the greatest ever capitalist crisis, Labour leader Miliband, while the ruling class is attacking and robbing the working class...

ATHENS public transport workers were yesterday continuing for the fourth day running their ‘rolling’ strikes. The strikes were called against the government’s plans to transfer...

THE announcement that the ruling body of the Royal College of Nursing (RCN) will meet on Friday to decide on balloting their members on...

ON the eve of the Labour Party conference, Ed Miliband has sought to win the support of the middle classes, and also drive a...

THE head of the International Monetary Fund (IMF), Christine Legarde, spelt out the task confronting the capitalist class of Europe last Thursday when she...

FRIDAY saw stock markets around the world collapse further, following on from the dramatic slump in shares on Thursday, triggered by fears that the...

THAT NHS hospitals cannot pay back the huge multi-million Private Finance Initiative (PFI) ‘debt’ to the banks is well known. The coalition government and its...

IN mass general meetings last Tuesday the Athens transport trade unions in the Metro system, buses, trolley-buses, and trains decided on a total ‘rolling’...

THE International Monetary Fund (IMF) has cut its growth forecast for Britain for the third time in nine months and warned George Osborne that...