Tag: banks

ALL WORKERS, youth and trade unionists must support the decision of Russian leader Putin to call up reservists to serve in the Ukraine, and...

THE TUC CONGRESS is set to meet on Tuesday October 18th, just as the Truss government is poised to take the rail trade unions...

THE MODI government’s ‘lies and myth-making’ at the National Labour Conference have been denounced by the All India Central Council of Trade Unions (AICCTU). The...

PM TRUSS is determined to remove a cap on bankers’ bonuses as part of a post-Brexit shake-up of City rules, to really get the...

THE new Tory Chancellor Kwasi Kwarteng is reported to be preparing to scrap the cap on the multi-million pound bonuses bankers award themselves. Originally the...

THE borders of the Kherson region are securely protected by the Russian military, and any attempts by the Ukrainian armed forces to advance towards...

SOARING milk, cheese and egg costs have pushed food inflation to its highest level for 14 years, with millions of UK families heading into...

THE UK’s job market, which the Tories and their supporters have long held to be evidence of the ability of British capitalism to ‘bounce...

THE wall-to-wall coverage of the death of Queen Elizabeth by the bourgeois media, and the way that the TUC has used this massive wave...

RUSSIAN President Vladimir Putin plans to meet with Chinese President Xi Jinping and other foreign leaders at the upcoming summit of the Shanghai Cooperation...

THE RMT announced yesterday that the ‘RMT joins the whole nation in paying its respects to Queen Elizabeth' and that ‘the planned railway strike...

PM TRUSS, with her new team in place after clearing out the discredited Johnson gang, is now seeking to save British capitalism from its...

STOCK markets in the US ended the week sharply down following tough comments by Jerome Powell, head of the country’s central bank, the Federal...

TEACHERS are increasingly seeing the devastating effects of the cost of living crisis on pupils, a survey by the NASUWT teachers’ union has revealed. Teachers...

WITHOUT enough staff, the NHS is increasingly close to collapse,’ the Royal College of Nursing (RCN) warned yesterday. RCN General Secretary and Chief Executive,...

‘WE NEED collective action and a general strike. This Tory government has to go. It’s spent the last ten years looking after the bosses...

WITH food banks running out of food, the poor are being condemned, not just to poverty but to a starvation existence, of begging on...

OVER 100,000 Royal Mail workers are striking again today. 30,000 BT Openreach engineers, along with 10,000 BT call centre workers are also on strike,...

THE biggest strike of the summer so far continues today, as 115,000 postal workers fight for a  ‘dignified, proper pay rise’. Royal Mail Group members...

THE SKYROCKETING increase in energy bills is driving the health and education services to the wall, with leaders in both these vital services warning...

STOCK markets in the US ended last week sharply down following tough comments by the head of the country’s central bank, the Federal Reserve,...

115,000 postal workers are out today in a 24 hour strike for a  ‘dignified, proper pay rise’, the Communication Workers Union (CWU) said yesterday. Members...

WHILE there is a decline in Washington’s standing as a superpower, the United States is facing another harsh reality – the decline of the...

THE CWU (Communication Workers Union) is taking national strike action this Friday with 115,000 Royal Mail workers stopping work. Further action has been called for...

THE OUT OF CONTROL UK inflation rate has hit double digits – 10.1% according to the Office for National Statistics. It says it’s at...

LABOUR leader Keir Starmer returned from holiday at the weekend to announce his new ‘robust’ plan to freeze the cap on electricity and gas...

THIS week, forecasts for the increase in household energy bills were dramatically increased to over £4,200 for an average UK household in January next...

Former Labour chancellor and prime minister Gordon Brown has stepped forward to offer himself up as the saviour of bankrupt British capitalism. Brown made his...

IN a ‘blunt message’ to the BBC the Bank of England governor yesterday warned that interest rates may have to rise even higher, saying...

YESTERDAY nine members of the Bank of England’s Monetary Policy Committee voted to increase the interest rate from 1.25% to 1.75%. This is the sixth...

AT A TIME when the cost of living is rocketing Tory leadership contender Truss has been forced to publicly scrap her plan to link...

Such is the depth of the crisis in British capitalism that even the ultra-loyal Tory press can no longer pretend that the working class...

‘I’m 100 per cent for a general strike,’ Communication Workers Union (CWU) Capital Branch Assistant Secretary and BT Tower rep Darren Weller said yesterday...

LARGE numbers of Labour MPs will attend Communication Workers Union (CWU) picket lines again today, in defiance of the anti-union stance taken by party...

Yesterday, the Trades Union Congress (TUC) published its plan to cut energy bills by re-nationalising energy retail companies. The plan, issued in advance of next...

BRITISH capitalism has plunged even deeper into debt! It was revealed yesterday that interest payments on the massive £2.4 trillion national debt have more...

SRI Lanka’s prime minister Ranil Wickremesinghe has been sworn in as acting president, while the country reels from the economic crisis and the developing...

THE International Monetary Fund (IMF) issued another dire warning about the economic crisis raging throughout the world yesterday with its head, Kristalina Georgieva, saying...

THE RCN (Royal College of Nursing) called for a pay rise of ‘inflation plus 5%’ for members over the weekend as it called on...

BORIS Johnson finally resigned as Prime Minister early yesterday after more than 50 Tory ministers and aides jumped ship and left him floundering to...

ALL of the Isle of Wight’s Southampton-to-Cowes ferries will shut down during summer holidays as 120 workers take strike action against Red Funnel and...

THE BMA’s annual conference has called for restoring pay to 2008 levels and for GPCEngland to organise the withdrawal of GP practices from Primary...

THOUSANDS of Indigenous people continue to demonstrate in the Ecuadorian capital, as their calls for social and economic reforms grow louder despite a crackdown...

‘A GENERAL STRIKE to bring down the Tories and kick them out now!’ was the main demand on the 100,000-strong TUC march from the...

YESTERDAY, the Bank of England (BofE) hiked up the interest rate by 0.25% to 1.25%, its highest level in 13 years – the first...