Tag: banks

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...

TORY Prime Minister Boris Johnson appeared in Blackpool yesterday to deliver what was billed as his great ‘reset speech’, to shore up his leadership...

WITH a Civil War raging inside the completely split Tory Party there could be no better time for taking on the Tory regime, defeating...

SIX people have been charged by the Met police for allegedly breaking Covid-19 lockdown rules while attending the Sarah Everard vigil in south London. Many...

THE national demonstration and march on Parliament called by the TUC on Saturday June 18th has met with a massive response throughout the working...

THE BRITISH pound is facing an ‘existential crisis’ that is only going to get worse according to the Bank of America and the outlook...

CHANCELLOR Sunak received Labour cheers for his statement in parliament on Thursday, as the Tories fought to regain some popularity after the continuing exposure...

ORY chancellor Rishi Sunak announced an emergency cost of living package to the House of Commons yesterday, as soaring inflation that is driving millions...

WORKERS up and down the country, struggling to feed their families in the face of a massive price inflation that is growing all the...

TORY ministers are in a state of despair over the complete inability of the Johnson government to come up with any measures to ‘help’...

THE ANNUAL meeting of the World Economic Forum (WEF) at the Swiss resort of Davos started yesterday on the theme of ‘history at a...

THE cost of living is now rocketing thanks to PM Johnson’s and Foreign Secretary Truss’ determination to inflame the war in the Ukraine and...

DWP STAFF are to get police powers, the Tory government announced yesterday to investigate the poorest people on Universal Credit. The DWP (Department for Work...

ANDREW Bailey, governor of the Bank of England, bluntly spelt out to MPs that the world faces an ‘apocalyptic’ food crisis that will have...

A GROUP of economists issued an open letter yesterday warning that Tory Chancellor Rishi Sunak’s planned financial deregulation bill will lead to an economic...

THOUSANDS of workers and young people took to the streets throughout France on Sunday sending a clear ‘message’ that workers are preparing a massive...

LAST Thursday, the Sri Lankan capital Colombo was halted as hundreds of thousands of trade unionists and their supporters took to the streets in...

SECRETARY-general of the Lebanese Hezbollah resistance movement, Sayyed Hassan Nasrallah, has warned of a slide towards violence after at least six people, including a...

THE Biden administration has imprisoned tens of thousands of asylum seekers in US prisons where they suffer lengthy detention, severe physical and psychological harm...

PRIME Minister Boris Johnson spent less than five minutes apologising over ‘Partygate’ to the House of Commons yesterday, before putting it to one side. He...

HEZBOLLAH Secretary General Sayyed Hassan Nasrallah has hailed the new acts of heroism by Palestinians against Israel, saying the Lebanese resistance movement will continue...

THE General Secretary of the Trades Union Congress (TUC), Frances O’Grady, is to step down after nine inglorious years at the helm of the...

THE TUC has called a national demonstration to London’s Parliament Square on Saturday 18th June. Announcing the demonstration the TUC said: ‘On Saturday 18th June,...

SRI LANKA is facing a revolutionary upheaval as workers and young people took to the streets over the weekend demanding the immediate resignation of...

ONE OF the main consequences of the US-led sanctions designed to strangle the Russian economy and lead to regime change has been to hasten...

TODAY, the Tory government withdraws the infection control fund. This was support for those working in care to help them when they fall sick. Unison...

RUSSIA Today (RT) managing director, Alexey Nikolov, was sanctioned yesterday by the UK government. Sanctions have also been imposed on RT’s parent company, TV-Novosti. The...

ISRAELI officials plan to rubber-stamp the construction of ten new settlements in the Negev desert region at a cabinet meeting next Sunday. The decision...

AS INFLATION soars and the cost of petrol rapidly rises, workers across Europe are being forced to protest, with strikes spreading like wildfire. European energy...

TRADE unions have highlighted the acute crisis facing millions of families facing steep rises in the cost-of-living, declaring that measures outlined in Tory Chancellor...

RAIL, Maritime and Transport Union (RMT) members will be joined by many other trade unionists today at 7.00am and on Saturday 26th March at...

THE CHILD Poverty Action Group and dozens of other charities have called for a 7% hike in benefits in a demand made to coincide...

THE conflict in Ukraine has seen Russia use its newest Kinzhal hypersonic missiles close to the border with NATO member Romania, while Kiev says...

THE BANK of England Monetary Policy Committee met yesterday and decided to increase the interest rate by 0.25% to 0.75% in a futile attempt...

UK Prime Minister Boris Johnson has called for a speedy end to ‘dependence’ on Russian oil and gas, comparing it to ‘addiction,’ in his...

THE Tory government is offering all households in the UK £350 a month to take in people fleeing the war in the Ukraine. Housing...

‘There’s a growing cohort of people facing a choice between eating or heating who might not have even considered having to access our inadequate...

ON TUESDAY, Tory health secretary Savid Javid outlined his ‘new vision for NHS reform’ which turned out to be just a repetition of the...

SAJID Javid, Tory Health and Social Care Secretary, has spoken to the Royal College of Physicians, on Health Reform. He claimed that there is not...

RUSSIA says it has struck and disabled Ukraine’s Starokostiantyniv military air base with long-range high-precision weapons. ‘The Russia armed forces continue to strike the military...

THE TUC has stabbed all Ukrainian anti-fascists in the back, and its own members along with them, with its letter to the UK Chancellor...

THE UNIVERSITY and College Union (UCU) announced over the weekend that 68 universities across the UK will face a further five days of strike action beginning...

THE CAPITALIST powers of the EU, US and UK are growing fearful that the prosecution of their war against Russia, is actually unleashing a...

PRESIDENT Biden has assured American lawmakers that US military personnel will not be taking part in the war in Ukraine, and not a single...

US PRESIDENT Joe Biden made his first annual State of the Union Address late Tuesday night, opening with an attack on Russia that was...