Tag: banks

The British Airways cabin crew strike is gathering strength as the management fails to keep the airplanes flying through the dispute. During the Saturday of...

Up to a quarter of a million civil servants were out on strike on Wednesday, expressing their anger at the threat to thousands of...

Parliament Square yesterday reverberated with the slogans of hundreds of Public and Commercial Services Union (PCS) workers who had joined hundreds of thousands of...

GREEK workers of the State Electricity Corporation staged a solid-rock 48-hour national strike on Tuesday and Wednesday and occupied several power plants as well...

THE BMA yesterday condemned the Reform report, ‘Fewer Hospitals, more competition’, stating in response to the Reform privatisation manifesto that ‘bed...

THE American trade union federation, the AFL-CIO, is this week launching a ‘Make Wall Street Pay’ national campaign in protest at soaring unemployment in...

OVER 100,000 workers flooded the entire Athens city centre on Thursday March 11th, in a magnificent demonstration on the day of a 24-hour general...

THE Prime Minister Gordon Brown has presided over a capitalist state rescue of the bankrupt banking system, which has seen the deployment of up...

Civil Servants on the second day of their successful 48-hour strike yesterday called for all public service workers to join in united strike action. Over...

‘Over 250,000 of our members have turned out on strike today, the biggest strike in the civil service since 1987,’ PCS General Secretary...

TENS of thousands of Greek workers, students and youth took part in strike rallies last Friday throughout Greece against the ‘socialist’ government’s austerity measures....

Israeli officials remained silent in the wake of a Dubai police decision to seek the arrest of the Israeli prime minister and the head...

THE situation for Greek capitalism has become so serious that Deputy Prime Minister Theodoros Pangalos has demanded that Germany returns the Greek gold that...

THE Greek working class has once again demonstrated its strength and determination with a powerful one day general strike last Wednesday, called by the...

THE inability of the Tories to pull ahead in the opinion polls, proves that 13 years of Labour rule has not been enough to...

RELATIVES of some of the 400 plus patients who died at the Mid-Staffs NHS Trust were unanimous yesterday about the official, just published report,...

THE Bank of England governor, Mervyn King got ready for a somersault in economic policy yesterday, when he told the Treasury Select Committee that...

Public sector union Unison, yesterday warned that predicted huge job losses in the public sector could wipe out vital local services such as day...

THE TIME is here when workers must respond to the growing chorus from the professional servants of the bourgeoisie for savage, and even more...

ATHENS – Greek workers delivered a powerful first blow to the government’s counter-revolutionary Stability Plan last Wednesday with a magnificent national all public...

‘Down with the junta of the bankers! Kick out the swindlers of Brussels.’ These were the slogans being shouted by Greek workers and youth...

THE OPPOSITION leader Viktor Yanukovych, the leader of the Party of the Regions, has won the Ukrainian presidential election, and has defeated Prime Minister...

IN ‘going-broke Britain’ the number of people becoming insolvent in England and Wales in 2009 was 134,142, according to official data from the Insolvency...

THE Greek ‘socialist’ Prime Minister George Papandreou has announced austerity measures to attack the country’s working class, youth, urban middle class and small farmers,...

The Bank of England is warning that high street banks face big new risks from future rises in interest rates and the current crisis...

‘Blair lied, thousands died’, chanted over seven hundred, mainly young, protesters outside the Iraq Inquiry last Friday, the day that the former prime minister...

THE Chinese government has condemned the US and President Obama for agreeing to a $6.4bn US arms sale package to Taiwan. The island of Taiwan...

A VERY hard pressed Obama, right at the start of his state of the Union message, was forced to summon the ‘God of Battles’...

THE 0.1 per cent ‘recovery’, the ‘work’ of Gordon Brown and Chancellor Darling has caused laughter and incredulity throughout the planet. It is a...

RESEARCH by charity ‘Save the Children’ has found that between 2004 and 2008, an additional 260,000 children were pushed into severe poverty in the...

‘We reject public sector pay cuts,’ GMB national officer Sharon Holder told News Line yesterday. She was responding to remarks by chancellor Darling yesterday, where...

CHANCELLOR Darling yesterday warned Britain’s public sector workers that they must follow what he called the example of the private sector, and...

SCOTT Brown’s victory for the Republican Party, in the Massachusetts election for the US Senate, does not mean that US workers can’t wait to...

RECORD BREAKING UK inflation rate statistics were reported by the ONS (Office for National Statistics) yesterday. Inflation rose at its fastest annual pace for nine...

President Barack Obama tried to convince top union leaders to drop labour’s opposition to taxing workers’ health care benefits at a meeting at the...

EARLIER this week Chancellor Alistair Darling promised the most draconian cuts in public spending for 20 years as a result of the Labour government’s...

JUST days after the failure of the Hoon-Hewitt attempt to remove Gordon Brown as premier, one of Labour’s leading right-wingers, Frank Field, yesterday...

LAST Saturday, the Tory leader, Cameron, told the Daily Telegraph that if he should win the General Election he is ready to toughen the...

HEWITT and Hoon, are two of the Labour Party’s leading Blairites. Hoon was heavily involved in Blair’s criminal Iraq war, and in the...

THE CBI New Year’s message calls for ‘a new and re-energised government by the summer, with – we hope – the authority to take...

NEWS LINE sends its revolutionary greetings for 2010 to the working class and the poor of the planet. We especially greet the insurgent masses...

The British Medical Association (BMA) has today unveiled a set of New Year’s resolutions for politicians to help them protect the future of the...

FOR some days now, Minister Jowell has been campaigning in the cabinet to stop Gordon Brown being verbally beastly to the Tories, by bringing...

IN the middle of the Labour Party’s general election campaign, a section of the Labour cabinet led by Mandelson, Jowell and others is breaking...

THE collapse of the Eurotunnel rail service, at the hands of a normal European winter, with no service for four days, and passengers left...