Tag: banks

ROYAL Mail chairman Allan Leighton reiterated yesterday that the organisation cannot afford to improve its 2.5 per cent pay offer, despite staff voting 77...

COMMENTING on a report from the Student Loan Company (SLC) on Monday, National Union of Students (NUS) President Gemma Tumelty said: ‘Fee loans, along...

IT IS 40 years since Israeli warplanes destroyed the Egyptian airforce on the ground and Israeli troops occupied the Sinai peninsula, occupied Syria’s Golan...

The Palestinian government and the Hamas movement have rejected the admittance of any Arab or international military forces to the Gaza Strip, or to...

LABOUR Industry Minister Margaret Hodge has won the support of Hazel Blears (Chairman of the Labour Party and a candidate for the deputy leadership...

‘There will be national action on Royal Mail and I would think Counters will be involved. The whole country will come out now,’ Greenford...

MPs on the House of Commons Committee of Public Accounts in their report of Private Finance Initiative (PFI) refinancing have called for tougher regulation...

TWO HUNDRED trade unionists and youth attended the News Line-All Trades Union Alliance conference in Bethnal Green, east London, last Sunday. Opening the conference, chairman...

FIVE more American troops were killed and three were captured near Mahmoudiya, 20 miles south of Baghdad, in a pre-dawn attack on Saturday. The...

TWO HUNDRED trade unionists and youth attended the News Line-All Trades Union Alliance conference in Bethnal Green, east London, yesterday. Moving the main resolution, ‘After...

LABOUR was routed in Thursday’s regional and council elections losing by late yesterday afternoon 454 councillors and eight councils in England, while it lost...

On the 7th of October 2006 a coalition of migrant groups, trade unions and social justice activists marched in London demanding equal rights for...

IN the last 12 months the working class and the vast majority of the middle class have desperately struggled under a huge and...

BA is currently approaching a number of private equity companies about forming a consortium to bid for Iberia airlines. Iberia said last month...

A BIDDING war between warring groups of venture capitalist locusts has broken out over who is to asset strip Boots. Yesterday morning, the...

PUBLIC sector workers such as firefighters, teachers, and nurses, cannot afford to buy homes in seven out of 10 UK towns, because of the...

INFLATION in the UK is accelerating out of control. According to the latest Labour government figures which grossly underestimate the process the Consumer...

ON MONDAY trading on the Wall Street stock market in New Century Financial shares was halted, as the second largest US sub-prime mortgage lender...

AS a result of Tory and Labour health reforms designed to break up the NHS, we now have thousands of unemployed nurse graduates and...

THE working class is rising up to defend the Welfare State. On Saturday, hundreds of thousands of workers and members of the public took...

A NINE per cent fall on the small Chinese stock market, after rumours that the Stalinist bureaucracy was about to tax shares, and slightly...

WE are living in the period of the death agony of the capitalist system. It is only natural then, that out of the shadows should...

RUTH Kelly, Secretary of State for Communities and Local Government, has backed proposals to end the long-term secure tenancies of working-class families living in...

2006 saw Britain’s trade in goods dive to a massive deficit of £84.3 billion.This was £15.5 billion more than the £68.8 billion deficit figure...

AT a time when the crisis of the Labour government is reaching the point of explosion, the WRP and the Young Socialists are calling...

BUSH opened his 2007 State of the Union speech with an open admission that his regime is facing defeat both at home and abroad....

Banks and developers will make £23 billion in profits and interest over the next 30 years by building NHS hospitals under the government’s Private...

CHANCELLOR Gordon Brown has spoken of the need for a ‘new world order’. He is not embarrassed that this is what President Clinton and...

THE UK inflation rate has leapt to an 11-year high of three per cent according to the government’s Consumer Prices Index (CPI) which grossly...

BIG BUSINESS, the stockmarkets and the TUC were shaken yesterday midday when the Bank of England raised its interest rates by a quarter of...

THE just-published ‘State of Social Care’ report from the Commission for Social Care Inspection (CSCI) was greeted as ‘a damning indictment of a...

Youth unemployment is now higher than it was in 1997, with 702,000 young people aged 16-24 jobless, according to official figures released just before...

THE News Line editorial board sends its revolutionary greetings for the New Year of 2007 to the working class and youth of the world,...

THE Labour government’s policy to cut, close, reconfigure, and privatise the NHS has caught up with a number of senior government ministers, including leading...

TENS of thousands of students have been participating in a series of rallies and demonstrations all last week throughout Greece, protesting against the right-wing...

2,500 POST OFFICES are to be closed by 2009 and all that the CWU post office workers union is doing about this massacre is...

Civil rights organisation Liberty welcomed yesterday’s Law Lords ruling in favour of anti-war protesters who police stopped from travelling to a protest at RAF...

HEALTH Secretary Hewitt, who not so long ago said that there would be no limits to privatisation in the NHS, yesterday revealed that she...

workers and middle class people are on the march throughout Britain to defend the National Health Service. The Blair/Brown government’s ‘reconfiguring’ of over one hundred...

BROWN’S proud boast yesterday in his pre-budget speech was that ‘In no other decade has Britain’s personal wealth – up 60 per cent –...

A new report, The last post, released on Monday, provides new evidence of the vital social and economic role of urban sub post offices.  The report,...

THE dollar has continued to collapse against the other major capitalist currencies leaving the pound at its highest price against the dollar since Britain...

The Labour Party yesterday admitted it faces ‘acute cash flow problems’. It was responding to the publication of Electoral Commission figures showing that the main...

IT is now obvious that the Labour government is setting out, at breakneck speed, to privatise the NHS. It has set up private treatment centres...

NOT content with wrecking Iraq, the US administration is moving in to wreck the British NHS on behalf of the US drug companies. ...