Tag: budget
$8.7 Billion Iraq Oil-For-Aid Cash ‘missing’
ALMOST 96 per cent of oil and petrol money earmarked for humanitarian needs and reconstruction in Iraq after the 2003 invasion has gone missing,...
US workforce falls by 652,000
THE US was shocked and shaken yesterday after learning that the workforce shrank by 652,000 jobs in the month of June alone. Former US Labour...
Capitalism cannot solve housing crisis – only socialism can!
IN his emergency budget Chancellor Osborne made it crystal clear that the Housing Benefit of those struggling to exist under crisis-ridden capitalism was one...
750,000 Homes At Risk! – From Housing Benefit Cuts
More than 750,000 people are at risk of losing their homes in London and the south east because of caps being introduced on housing...
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...
Coalition Privateers To ‘Liberate NHS’: Part Two
THE Tory-Lib Dem coalition government’s White Paper on the NHS contains plans for sweeping changes. NHS Commissioning Board The sole commissioners for the NHS will...
Volunteers To Replace The Welfare State!
Public sector unions yesterday slammed prime minister Cameron’s ‘Big Society’ plans as a threat to public services and the welfare state. Commenting on Cameron’s speech...
HALT EDUCATION CUTS! – Teachers, pupils, parents and unions demand
Parents, pupils, teachers, school leaders, governors, local authority representatives and trade unions are lobbying MPs today to ‘Save our Schools’. The lobbyists will be...
‘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...
Tories want GPs to do their cuts dirty work!
The coalition government is pressing ahead with plans to make GP practices responsible for purchasing health care in England, replacing Primary Care Trusts and...
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...
Tory coalition aims to smash council housing and housing benefit!
IN his Emergency Budget, the Tory Chancellor Osborne said his government’s intention was to eliminate the ‘structural current deficit’ of the government by cutting...
200,000 on £4.82 an hour – as Schwarzenegger imposes California wage...
Faced with a $19bn deficit, California Governor Arnold Schwarzenegger has ordered some 200,000 state workers to be paid the minimum wage because the state...
£20 billion of health service cuts means talk of ringfencing NHS...
AN All Trades Unions Alliance fringe meeting held in the evening of the first day of the British Medical Association’s Annual General Meeting was...
Tories seek to inspire fear as they tell unemployed ‘get on...
EX-ARMY officer Iain Duncan Smith, the Tory Work and Pensions Secretary, was yesterday planning just how to force unemployed workers to give up their...
‘BREATHTAKING ARROGANCE – PCS slams Tory Coalition’s cuts
The country’s largest civil service union, PCS, has condemned the suggestion that public servants should put forward ideas for spending cuts as ‘breathtakingly arrogant...
UK banks will have to refinance £800bn of debt
JUST days after the Tory-led coalition’s ‘emergency budget’ declared war on the working class, the poor, the middle class, children and pensioners – with...
‘A DISHONEST BUDGET AT EVERY LEVEL’ – says NASUWT
COMMENTING on the Chancellor’s budget statement, Chris Keates, General Secretary of the NASUWT, the major teachers’ union, said: ‘Despite the Chancellor’s opening remarks that...
POOR HAMMERED! – by Osborne budget says the IFS
CONTRARY to Tory Chancellor Osborne’s claims that his Emergency Budget is ‘fair’ and ‘progressive’, it is actually unfair and regressive, hitting the poorest hardest. That...
Osborne launches savage attack!
TORY Chancellor Osborne’s Emergency Budget included measures to smash the spending on public services and smash the social security system, with the biggest spending...
Cuts to be met by sustained industrial action
A delegation of over 40 Public and Commercial Services union (PCS) members and officials lobbied the Treasury as Chancellor Osborne was making his budget...
20% VAT AND SAVAGE CUTS – imposed by Tory Lib-Dem Budget
TORY Chancellor Osborne yesterday confirmed the government’s intention to savagely attack child benefits, disability benefits and housing benefits in his Emergency Budget, whilst pushing...
Tories target workers, disabled and children to pay the bankers’ debts!
OSBORNE said of his emergency Budget yesterday; ‘Yes it is tough; but it is also fair.’ Further on in his speech he allowed just...
SINN FEIN CALLS FOR ENDING OF THE GAZA BLOCKADE –at the...
BY JOHN COULTER, IRISH POLITICAL JOURNALIST SINN FEIN has called for the immediate ending of the Israeli blockade of Gaza. In a major speech, one of...
‘HANDS OFF OUR JOBS, WAGES AND PENSIONS’ – Lecturers warn the...
On the eve of today’s budget, striking lecturers told News Line they are determined to defend their pay, pensions and jobs against the Tory-led...
Expel Hutton And Field From The Lab0Ur Party!
EX-LABOUR cabinet minister John Hutton, a 100 per cent Blairite, has joined the Tory-LibDem coalition, and been appointed by it to head a commission...
£85bn cuts and tax rises in budget!
Labour leadership hopeful Ed Balls yesterday accused the Tories of wanting to take Britain back to the conditions of the 1930s. Trade unions are bracing...
WE NEED ‘REFUGEE AND MIGRANT JUSTICE’ – 600 picket the Ministry...
OVER 600 people took part in a demonstration outside the Ministry of Justice last Friday afternoon over the government’s refusal to provide a relatively...
Answer The ‘Shock And Awe’ Budget With A General Strike
THE Tory-Lib Dem shock and awe budget is due next Tuesday. Already workers, pensioners and youth are calling for action against this savage attack that...
Resistance erupts over ‘austerity’, as EU crisis worsens
THE government of President Nicolas Sarkozy announced yesterday the raising of the pension age in France from 60 to 62. Workers will have to...
Savage Cuts Risk ‘death Spiral’
THE new allegedly independent fiscal watchdog has downgraded the economic growth projections for the UK economy, and also cut its debt projection as a...
Obama Puts British Imperialism In Its Place
WITH more than 100 million gallons of oil already freed to spew all over the US Gulf coast, the ‘special relationship’ between the US...
Tory-Led Coalition Sets Up A ‘Star Chamber’
HISTORICALLY, the term Star Chamber is synonymous with feudal oppression and dictatorship over the people and over parliament, specifically with the attempts of...
‘STAR CHAMBER’ TO PUSH THROUGH £60bn CUTS
CHANCELLOR Osborne oversaw the creation of a ‘Star Chamber’ yesterday, to force through the planned £60 billion a year spending cuts. Osborne told the...
Defeat Cameron’s Savage Cuts With A General Strike
PRIME Minister David Cameron promised yesterday that there are ‘painful cuts ahead’ that will last for years, and that he would be carrying out...
30% CUTS ON WAY – Consultants conference warns
HOSPITAL consultants yesterday asserted their determination to defend patient care and oppose NHS privatisation. At the BMA Consultants Conference motion 5,...
Laws’ resignation holes the coalition!
ON Monday May 25th, David Laws, the new Chief Secretary of the Treasury, standing next to his master Chancellor Osborne, announced that the £6.2...
Spain follows Greece with mass strikes against austerity
SPANISH Prime Minister Jose Luis Rodriguez Zapatero’s Socialist Party government scraped through Parliament its 15bn euro (£13bn) austerity package, by 169 votes to 168,...
Tories to slash benefits to unemployed & sick
TORY Prime Minister David Cameron’s coalition government unveiled its plans to target the unemployed and others on benefits, depriving them of their entitlements, or...
OECD says UK rates must rise to 3.5 per cent in...
THE OECD said yesterday that state indebtedness, and rapidly growing inflation is threatening to bring down the entire banking system. Its secretary general, Angel Gurria,...
TRADE UNIONS CONDEMN TORY COALITION’S £6.25bn CUTS –but have no plan...
THE INITIAL £6.25 billion spending cuts announced by the Tory-Lib Dem coalition government on Monday, that will lead to thousands of sackings and closures...
Crisis deepens as shares crash worldwide!
THE International Monetary Fund (IMF) has raised its concerns about Spain’s economy, saying ‘far-reaching’ reforms are needed to ensure its recovery. It said the country...
Tory-Lib Dem Butchers Outline The Task Ahead
TORY CHANCELLOR Osborne provided an outline of his £6.2bn of spending cuts for 2010-11 yesterday, with Lib Dem Chief Secretary to the Treasury Laws...
Tories Mount Jobs Assault
Chancellor Osborne yesterday announced the first £6.2bn of savage cuts planned by the Tory coalition. At a press conference, Osborne confined himself to generalities, then...
Queen’s Speech leaked as axe set to fall on public sector...
THE leaking of the Queen’s budget speech is unprecedented, and is an expression of the depth of the split and the cynicism in the...