Tag: banks
End misery of bankrupt capitalism with socialist revolution
LAST Friday the European Banking Authority released the findings of this year’s Stress Test for European banks. These stress tests, introduced one year ago, are...
Close down the Murdoch press – forward to a workers government
LABOUR leader Miliband, true to form, has spoken up for new media ownership rules to limit Rupert Murdoch’s ‘dangerous’ and ‘unhealthy’ concentration of power. He...
Capitalism’s Historical Crisis Demands Socialist Revolution
THE historic crisis of world capitalism has come to a head with a vengeance, with both the once mighty US economy and the European...
PUT POLICE ON TRIAL AND END ALL ANTI-STRIKE LAWS! – demand...
Political groups participating in the Tahrir Square sit-in issued two statements Sunday underlining their demands. The statements were issued separately, but the demands are almost...
STRIKE DOWN ANTI-WORKER LAWS – Demand American trade unions
THE battles against anti-worker laws across the United States have turned to the ballot boxes and courtrooms, says the AFL-CIO union federation. As voters go...
Southern Cross collapse– true face of privatisation
On Monday Tory prime minister, David Cameron, unveiled the long awaited White Paper that will enshrine in law the ‘presumption’ that public services should...
Greek contagion hits Italy and the US
Today the leaders of the Eurozone will be meeting once again in a desperate attempt to try and stop the collapse of the euro...
LANSLEY BILL MUST BE SCRAPPED! –rallies across the country on the...
OVER 1,000 trade unionists and youth marched to parliament on Tuesday night on the 63rd birthday of the NHS, demanding: ‘Kill the Bill!’ –...
Unions must take action! Occupy Bombardier! Bring down the...
THE proposed sacking of 1,500 Bombardier workers in Derby is the beginning of the end for the train construction industry in the UK, and...
Prosecute The Bankers Responsible For The Global Financial Crisis
Delegates to the 28th International Brotherhood of Teamsters Convention in Las Vegas last week unanimously approved a resolution to prosecute chief executives and other...
Greek ‘bailout’ derailed
The Chairman of the EU group of finance ministers, Jean-Claude Junker, spelt out at the weekend exactly what the EU and IMF ‘bailout’ of...
Workers Demand A General Strike To Defend Their Pensions
750,000 public sector workers struck to defend their pensions on Thursday. 70,000 of them marched through London with banners flying, determined to see the...
70,000 MARCH IN LONDON – GENERAL STRIKE – workers tell News...
ON A DAY when 750,000 public sector workers struck to defend their pensions, 70,000 of them marched through London with banners flying, determined to...
Class Struggle Is Erupting In Greece And UK!
TENS of thousands of workers and youth congregated early yesterday morning in Athens at three pre-arranged points to enforce an encirclement of the Vouli...
Revolution Only Way Forward For Greece And UK
WORKERS and youth in Greece have spent the last two days outside the Vouli being bombarded and attacked by riot policemen, some on motorbikes...
Gove calls for parents to scab
Over the weekend the Tory Education Secretary Michael Gove issued a call for parents to volunteer to break Thursday’s strike by civil servants and...
Greek Two-Day General Strike
GREEK workers are staging an unprecedented two-day general strike today and tomorrow, called by the GSEE (Greek TUC) against Yiorghos Papandreou’s government’s Mid-Term Economic...
Defeat The Health And Social Care Bill!
BY ANNA ATHOW, BMA COUNCIL, IN A PERSONAL CAPACITY THE Tory-Lib Dem coalition government is determined to push through the Health and Social Care Bill...
‘Now is the time to get tough on NHS reform’
AN OPEN LETTER TO THE MEDICAL PROFESSION WE are writing as a group of concerned doctors and we are also members of UK BMA Council. Next...
US capitalism in crisis – war at home and abroad is...
US CAPITALISM, the most powerful in the world, is teetering on the brink of collapse under a tidal wave of debt. This dire warning was...
FOLLOW THE EXAMPLE OF GREEK, SPANISH AND EGYPTIAN WORKERS – say...
IN the international debate on Wednesday afternoon, delegates at the Unison National Delegate conference in Manchester said the best way to show solidarity with...
Forward With The European Socialist Revolution!
ON MONDAY in the House of Commons, ex-Labour Home Secretary Jack Straw rounded on the government stating: ‘Instead of sheltering behind complacent language and...
Prentis ‘Call To Arms!’
UNISON General Secretary Dave Prentis yesterday made a ‘call to arms’ at the union’s national delegate conference urging delegates to stand ready...
‘WORKERS RISING UP!’ – ATUA National Secretary tells conference
‘WE NEED a general strike to bring the government down and go forward to a workers government and socialism.’ This is what All Trades Union...
Greek General Strike Topples Government!
THE massive united action of workers and youth in Greece, unleashed in the enormous one-day general strike last Wednesday, has toppled the hated government...
Greek police fire teargas at 200,000 workers
Greek police fired teargas and attacked 200,000 workers and youth outside parliament yesterday who were seeking to prevent MPs entering parliament to vote on...
Gaza has 45.2 % unemployment – Greek youth unemployment is 45%!
GAZA’S unemployment rate is among the world’s highest, at 45.2%, the UN has found. The territory continues to be blockaded by Israel, while the...
Defend the NHS – kick the government out!
THE coalition’s much-vaunted consultation period over its proposals to smash up the NHS and privatise it out of existence finally came to an end...
Cable threatens unions – answer with Indefinite general strike
VINCE CABLE, the coalition Business Secretary, used his speech to the GMB union’s annual conference yesterday to deliver a stark warning to the unions...
Only A Socialist Revolution Can Feed The Planet
OXFAM warned yesterday that average prices of staple crops will more than double in 20 years if urgent action is not taken to change...
Social care starved of funds – one million without support
A new report, Care in Crisis, issued by Age UK spells out exactly what the Tory-led coalition’s destruction of the welfare state means for...
‘GET OUT OF HERE!’ – Athens Vouli Popular Assembly tells...
FOR the fourth successive night, tens of thousands of youth and workers congregated in the main square of Athens outside the Vouli (Greek parliament)...
NHS Direct Action fighting NHS privatisation
ON WEDNESDAY morning, at 9.00am, 15 NHS Direct Action and UK Uncut activists visited 2020health to protest against the think-tank’s role in lobbying...
British Capitalist Economy Down The Pan!
THE latest Office of National Statistics (ONS) GDP figures show two quarters – six months – of zero growth in the British capitalist...
Obama attempts to con Irish workers
FOR the second time in two weeks Irish workers and youth have been subjected to a powerful imperialist propaganda assault designed to shore up...
Spanish youth shake Zapatero government
The Spanish municipal and regional elections that were held on Sunday took place under unprecedented conditions as thousands of youth and workers defied the...
US unions being driven to historic break with Democrats
AFL-CIO President Richard Trumka said last Friday that US workers want an ‘independent’ labour movement designed to help the working class, not a specific...
‘PAUSE’ A COVER FOR DESTRUCTION OF HOSPITAL CARE! – Part 4:...
THE South East London Cluster combines the PCTs of Lambeth, Southwark, Lewisham, Greenwich, Bexley and Bromley. Kings College Hospital NHS Foundation trust is a large...
‘SHOW NHS NO MERCY’ – says Cameron advisor
Prime minister Cameron’s adviser Mark Britnell has urged that the NHS be ‘shown no mercy’, adding that the government’s planned health ‘reform’ is a...
‘A DIFFICULT TIME AHEAD’ WARNS B of E CHIEF, KING
CPI inflation is expected to hit 5% later this year due to higher energy and other utility bills that will continue rising by up...
Suicide guidelines for Jobcentres
THE leaking of new guidelines to staff working with the unemployed exposes the barbarity of the coalition government’s onslaught on the sick, vulnerable and...
Teachers Vote For General Strike
AT THEIR annual conference last Saturday the NUT (National Union of Teachers) passed a resolution committing the union to a strike ballot over attacks...
Banking parasites still riding high off of the public purse
THE Committee of Public Accounts today publishes a report which reveals in the words of its chair Margaret Hodge that: ‘The peak of the...
£512 billion propping up banks!
Banks are relying on the taxpayer for £512 billion support this year, the House of Commons Public Accounts Committee reported yesterday. The parliamentary...
Capitalist Debt Crisis Demands A Socialist Revolution!
THE deepening world capitalist crisis is poised to see entire nation states defaulting, plunging their banks into an even more desperate crisis, deepening the...