Tag: banks
‘Education not Emigration’ needs a socialist revolution in Ireland
IRISH government plans to increase university fees from 1,500 euros to 2,500 euros led to Wednesday’s 40,000 strong students march in Dublin, and to...
Expropriate the landlords, build millions of council homes
WHEN the Tory Mayor of London, Boris Johnson, starts accusing his coalition government of ‘Kosovo-style social cleansing’ in the capital over the plans to...
YS MARCH STARTS TODAY! –for jobs and free state education
‘WE’RE calling on everyone to join our march from Manchester to London for jobs for youth, and for the smashing of all tuition fees...
Bankers fumble in the dark
‘THE recession has. . . certainly presented us with plenty of puzzles,’ says the Deputy Governor of the Bank of England, Charles Bean. Addressing the...
‘Two-Faced Ed’ Reinstates Blairism At Cbi Conference
HE pledged to ditch Blairism when elected as the new Labour Party leader, but Ed Miliband made it clear on Monday that he...
‘WE NEED A GENERAL STRIKE’ says CWU Eastern Region Secretary
‘THIS conflict could be resolved very easily. Lift the sackings and we can all go back to work,’ declared Fire Brigades Union (FBU) general...
500,000 Public Sector Jobs To Be Slashed
TORY Chancellor Osborne confirmed yesterday that the coalition government was pressing ahead with the most savage attack on the working class since the Second...
BRING DOWN COALITION! –to defend jobs, benefits, the NHS & rights
‘The coalition has got it wrong. By only having a strategy for cuts, it has no plans for growth and recovery.’ So warned Unison general...
Tories savage poor but grovel to Clinton and US
THE bankers coalition has set the scene for next Wednesday’s cuts announcements in true Bullingham Club style, by declaring that ‘welfare cheats’ equal muggers,...
Union leaders are shocked by jobless figures!
Trade union leaders have been shocked by the latest jobless figures which saw a leap in part-time working and female and youth unemployment. Commenting on...
Currency War Prelude To Shooting War!
LEADERS of the International Monetary Fund (IMF) and World Bank came out yesterday with dire warnings about the emerging ‘currency war’. Speaking on the eve...
Revolution – only way out for Ireland and Europe!
THE Irish Government’s guaranteeing 100 per cent of all banking deposits has resulted in the Irish state drowning in a bottomless pit of bail-outs....
‘WE WILL NOT GIVE UP UNTIL WE WIN!’ –Lakhinder Saran tells...
TWO HUNDRED youth and workers took part in a rally and celebration of five years of the sacked Gate Gourmet workers’ struggle in...
Revolution is the only way forwards!
THE working class of Europe is rising up to fight the savage spending cuts now being imposed by governments across the Continent. When the UK...
Forward with the European socialist revolution
YESTERDAY Europe shook as millions of Spanish workers took to the streets in a general strike, while over 100,000 workers from all over Europe...
LIBERATION MOVEMENT MUST ACT DECISIVELY –urges COSATU leader Vavi Zwelinzima
THE general secretary of COSATU, Zwelinzima Vavi addressed the SACTWU National Congress last Friday. His central warning was ‘If the broad liberation movement does not...
IRISH BANKING CRISIS! – Helping to undermine the euro
A FRESH banking crisis is developing, with the credit ratings agency Moody’s reducing the Anglo-Irish bank’s debts to just above junk status. It is estimated...
Unions Must Stop Queen Mary’s Closure!
THE news that the Accident and Emergency and maternity units at Queen Mary’s Hospital are to be closed for the coming winter is a...
Defend the Royal Mail – bring down the coalition!
The Tory-led coalition’s Business Secretary, Vince Cable, yesterday launched a demagogic attack on ‘spiv’ and ‘gambling’ bankers and their bonuses at the LibDem Conference. This...
Wolf in sheep’s clothing at the TUC
THE ‘Wolf’, the Governor of the Bank of England, Mervyn King, at yesterday’s TUC Congress, sought to explain to the ‘sheep’, the working class,...
RMT WALKS OUT! –as King heaps praise on TUC’s Barber
The RMT delegation walked out of the conference hall in Manchester yesterday as Bank of England governor Mervyn King stood up to warn the...
TUC leaders refuse to call to bring down the coalition
DELEGATES to the TUC Conference in Manchester on Monday voted almost unanimously – with just one dissenting voice from BALPA pilots’ union leader Jim...
Ahead – ‘the Fight Of Our Lives!’
DELEGATES to the TUC Conference in Manchester yesterday voted almost unanimously for Composite Motion 10, Defending public services and for Paragraphs 3.1 and 3.13...
Expropriate the bankers and bosses!
IT WAS asserted by economists long ago that labour is the source of all wealth, and Federick Engels – the lifelong friend and collaborator...
24-Hour Tube Strike Rocks Coalition
RAIL union RMT said Tuesday’s strike for tube safety and safe staffing levels on London Underground was ‘rock solid’, and demanded that the...
Bankrupts On Parade!
THE leaders of Labour, ‘New’ or otherwise, chose to debate their leadership credentials yesterday over the Murdoch-owned Sky TV, the centre of the Murdoch...
674,000 Residents Go Hungry In Los Angeles County
HUNDREDS of thousands of people are going hungry in Los Angeles County, California, in the richest state in the richest country in the world. Demand...
Join WRP to build the revolutionary leadership!
THE leadership scuffling that is taking place in the Labour Party is underlining one major fact – its crisis is terminal. This is a party...
STUDENT LOAN RATES HIKE! –scrap all student debt, demands YS
Millions of graduates will now face paying interest on their student loans again as new interest rates came into effect yesterday. Payments to the Student...
Bankers failing to stem capitalism’s chronic crisis
THE Bank of Japan (BoJ) took emergency measures yesterday in a desperate attempt to rescue the country’s stagnant economy (growth rate 0.4%) and boost...
Build revolutionary leadership in South African strike struggle!
THE South African 300,000-strong National Union of Mineworkers (NUM) has called a one-day solidarity strike with the 1.3m public sector trade unionists who have...
Pakistani workers & farmers pay for the imperialists’ crisis
EVERY day the number of people affected by the torrential rain and flooding in Pakistan is mounting. More than 20 million have been hit....
150 IRISH HOTELS TO CLOSE – as Bank of Scotland (Ireland)...
The Irish Hotel Federation (IHF) has claimed 150 hotels will be forced to close after the announcement that Bank of Scotland (Ireland) is to...
The US Falters, Shares Crash And Revolution Stalks Europe!
THE US, EU and Asian stockmarkets have taken yet another hit as the decline and fall of the US capitalist economy continues. On Thursday, the...
INDIA-SRI LANKA TALKS – while Fonseka is stripped of military rank
An official visit of a three-member top level delegation of the Government of Sri Lanka to India is scheduled to leave Colombo on August...
£65bn PFI Nightmare for the NHS!
THE PFI Private Finance Initiative was brought in by the Major Tory government, and while it was opposed by Labour in opposition, it was...
No recovery in the US, EU or UK – socialism the...
THE UK’S Bank of England yesterday followed the lead of the US Federal Reserve Bank whose Chairman Bernanke had on Tuesday said that...
Chelsea Tories just could not wait to start evicting
JUST hours after Tory leader Cameron announced that council houses were no longer going to be ‘homes for life’ – but were to be...
BMA leaders collaborate with NHS privatisation plans
The Chairman of the doctors union, the BMA, wrote a letter to the medical profession on 30th July regarding the new health White Paper...
Cameron wants to create an army of the homeless
TORY LEADER Cameron yesterday unveiled the spectre of workers sleeping on the streets with his new diktat that council housing should no longer be...
US Economy Declines – As States Go Bust!
THE former chairman of the US Federal Reserve, Alan Greenspan, has warned that the US economy is heading towards a deepening of the slump...
NO benefits – and NO jobs either – the Duncan Smith...
WORK and Pensions Secretary, ex-army officer Duncan Smith, yesterday addressed the world about ‘our broken benefits system’, when most people know what has broken,...
Coalition Privateers To ‘Liberate NHS’ Final Part
THE White Paper produced by the Tory-Lib Dem coalition government says that all NHS Trusts must become Foundation Trusts (FTs) within three years. There are...
‘We are going to create the largest social enterprise sector in...
PRIMARY CARE Trusts are to be abolished and replaced by Federations of GPs who will purchase healthcare for their patients from both the public...
STOP CAMERON ADDRESSING TUC! – RMT begins a national campaign
THE RMT transport union confirmed yesterday that it is mobilising grassroots opposition amongst rank and file trade unionists to an invitation to Tory Prime...