Tag: banks

Today’s massive London march against the coalition government will be the biggest since the two million-strong march against the Iraq war under the Blair...

CHANCELLOR Osborne yesterday moved his ‘emergency budget’. He outlined the gravity of the situation by saying that ‘Questions that were asked about...

THE UK CPI inflation rate rose to to 4.4% in February from the January figure of 4%, while the RPI inflation rate which includes...

The Trades Union Congress (TUC) has gone through its ritual presentation of an ‘alternative’ budget in advance of the coalition government’s budget to be...

THE Bahraini ruling class has arrested opposition leaders on charges including contact with foreign states and calling for the fall of the regime, said...

IN ORDER that the universities can have their budgets slashed and be privatised or closed, students are to be charged up to £9,000 a...

DOCTORS at the British Medical Association Special Representative Meeting yesterday morning voted unanimously to oppose the government’s Health and Social Care Bill, and demand...

The Health and Social care bill brings in the legislation to privatise the delivery and commissioning of healthcare in England. Coupled with the massive cuts,...

NEXT Tuesday the doctors’ trade union, the BMA, meets in London for an extraordinary Special Representative Meeting (SRM). 350 representatives of its 140,000 members,...

THE Irish coalition has been officially formed between two right-wing parties in the Republic, Fine Gael and the Labour Party, and will be unveiled...

Dr Mark Porter, chairman of the British Medical Association (BMA) Hospital Consultants Committee, in an interview with the Guardian newspaper, has spelt out clearly...

Last Friday, Mervyn King, Governor of the Bank of England, issued a dire warning that Britain risks another financial crisis unless the government introduces...

Statement of the International Committee of the Fourth International IN THE first months of this year, north Africa has seen the eruption of colossal revolutionary...

The ITUC on Monday expressed deep concern over statements attributed to the new Minister of Manpower in Egypt, Ismail Fahmy, that ‘the issue of...

THE right-wing Fine Gael party is set to form a coalition with its traditional partner, the right-wing Labour party, after a ‘political revolution’ which...

LOSSES AT the state owned Royal Bank of Scotland (RBS) were twice as bad as expected, at £1.13bn and much bigger than the £950...

FIRST of all Prime Minister Cameron wrote that the entire public sector, local government, the NHS and education were to be taken over by...

Tory prime minister, David Cameron, has finally come clean about the coalition plans for destroying the welfare state and the entire public sector. Yesterday, he...

THE Tory-led coalition lie, that the NHS is safe in their hands, has been exploded by the announcement that over 1,630 frontline jobs are...

PRIME Minister Cameron explained to an audience of ‘social entrepreneurs’ in London yesterday that the ‘Big Society’ means ‘opening up’ public services to being...

TORY prime minister, David Cameron, launched a desperate attempt yesterday to try and convince an incredulous public that his ‘Big Society’ policy is something...

MUBARAK has gone, while the revolution that removed him, at the cost of hundreds of dead, is continuing to develop. Workers and the middle...

LORD Oakeshott is the senior Liberal Democrat who quit their front bench in protest at the Tory-LibDem coalition’s decision to allow the bankers to...

THE UNITE trade union leadership announced yesterday that after the cabin crew membership ‘voted last month overwhelmingly, and for the third time, to take...

The US is sending warships, including one with 800 troops, and other military assets to Egypt as the revolution in the North African country...

Anti-Mubarak protesters in Cairo yesterday have called for another ‘million strong protest’ in Tahrir Square today. This call was made as the Egyptian government and...

WHEN Lenin saw, on his return to Russia in April 1917, that the ‘democracy’ in Russia proved even less capable of assuming the power...

YESTERDAY, millions of Egyptian workers and youth, from Alexandria to Cairo’s Tahrir Square and the city of Luxor and Ports Said and Suez, marched...

BANK of England Governor King’s insistence that nothing must be done to prevent the squeeze in living standards down to 1920s levels, has...

THE governor of the Bank of England, in his Tuesday night speech detailed the source of the gigantic inflationary rise in living costs that...

THE UK capitalist economy slumped in the fourth quarter of 2010, contracting by 0.5 per cent, instead of the meagre 0.5 per cent growth...

‘The historic printers’ strike set the scene for a struggle, not just against Murdoch but the whole capitalist state,’ All Trades Unions Alliance national...

OVER 200 workers and youth took part in a powerful 25th anniversary meeting of the heroic 1986-87 printers strike at St Bride’s Institute yesterday. A...

AFTER the resignation of the Foreign Minister and four other members of the Irish cabinet, the Prime Minister, Cowen has resigned as the...

The coalition government will be forced to accept this month that the bank bailout has more than doubled the size of the Public Debt...

THE result of the Oldham East and Saddleworth by-election points to one thing, that the working class and large sections of the middle class...

TUNISIAN President Ben Ali has dismissed his interior minister and ordered the release of most of those detained during the current clashes over food...

THE coalition, as expected, has signalled to the bankers that their multi-million bonuses are safe, emboldening the head of Barclays to tell the House...

THE Tory-LibDem coalition has given the banks an assurance that they are at liberty to continue to pay unlimited bonuses, with no government regulation. The...

THE GMB warned yesterday of 200,000 council job losses in England, with many more to take place in the rest of the UK. GMB national...

THE increase of VAT from 17.5 per cent to 20 per cent today will mean destitution for millions of unemployed and low paid workers...

IRISH capitalism, its banks and industries have been entirely bankrupted, and what national sovereignty the country had has also been destroyed, after the...

Dear Dr Meldrum, Dr Buckman and all members of the BMA General Practitioners Committee (GPC) Following the publication of the health White Paper earlier this...

THE News Line Editorial Board sends its revolutionary greetings for the New Year of 2011 to all of our readers and...

‘WORKING people in the UK can help stop the Conservative-led coalition from taking a wrecking ball to the fabric of daily life.’ This is the...