Tag: budget

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

TOTAL unemployment stood at 2.46 million for the three months to December, down 3,000 on the figure for the previous three months. However, long-term...

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

One in three NHS accident and emergency departments could close across London, documents seen by the BBC have revealed. Eleven A&E units are under threat...

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...

BRITISH imperialism, at the height of its power and even up to the 1930s, had at its heart the dictum of sea power, that...

The British Medical Association (BMA) yesterday hit out at the ‘huge profits being made by private companies providing NHS services’. This followed the revelation that...

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 announcement from Barack Obama’s administration that it is siting Patriot missiles in four Gulf states marks not a defensive but an aggressive act,’...

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

DRASTIC cuts to the NHS are being planned to meet a budget cut of £15-20 billion, with even bigger spending cuts expected 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...

Plans to allow patients to pay directly for services could undermine equality in the NHS in England, create a new layer of bureaucracy, divert...

Hospital services in London will be closed and down-graded as healthcare in the capital heads towards ‘a major financial and organisational crisis’, a...

OVER 100 workers and youth voted unanimously on Saturday for occupying hospitals against closure and to stop the smashing up and privatisation of 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...

ON Wednesday mid-day, ex-ministers Patricia Hewitt and Geoff Hoon sent a text to all Labour MPs asking them to support a call for a...

Thirty per cent funding cuts will force universities to axe thousands of courses, lecturers and students, university bosses’ most senior representative has warned. In...

UNISON General Secretary Dave Prentis has warned politicians against making ‘selfless’ public service workers pay the price for the economic slump. In his New Year...

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

Public sector union Unison yesterday condemned government plans to incorporate donations from charities into NHS budgets. It is estimated the move will deprive cash-strapped NHS...

MANDELSON’S decision to lop £398m from the higher education budget, and to bring in third class tuition, will see thousands of workers in...

A POLL by the BMA and Doctors.net.uk shows that doctors are concerned about the role of private companies in the NHS. Eight out of...

COMMENTING on the rise in unemployment figures, Dave Prentis, General Secretary of Unison said: ‘Being out of work at Christmas is particularly tough, especially...

WITH the EU’s bankers and bosses spurring him on, Greece’s ‘socialist’ leader, Papandreou, has vowed to tackle the country’s economic crisis and impose the...

THE President of the Irish Congress of Trade Unions and General President of SIPTU, Jack O’Connor, has attacked Budget 2010 as ‘callous, unjust and...

CHANCELLOR Darling has announced that £600m will be ‘saved’ by 2012/13 from across ‘higher education, science and research budgets, including student support’, meaning...

CHANCELLOR Darling made his pre-budget speech to the House of Commons yesterday afternoon in the form of a Labour general election manifesto. His line was...

Chancellor Darling yesterday confirmed that VAT will be restored to 17.5 per cent on January 1st, and that inflation will rise to 3.0 per...

Prime Minister Brown yesterday outlined plans to slash government employees’ jobs and pay. He said public sector workers earning an ‘over-generous’ salary would be ‘named...

THE PCS trade union yesterday accused the bankers’ Prime Minister, Gordon Brown of ‘beginning a bidding war on who can cut the most.’ The...

Ahead of the Chancellor’s Pre-Budget Report on Wednesday, the British Chambers of Commerce (BCC) has called for cuts across the board in public services,...

YESTERDAY, there were major clashes on the streets of Athens as 6,000 riot police clashed with tens of thousands of workers and youth who...

Irish Congress of Trade Unions (ICTU) General Secretary David Begg said on Wednesday that the Dublin government must now ‘choose between continued deference to...

THE Morgan Stanley bank is worried that the world crisis is going to shatter the already bankrupt UK economy, causing a flight of capital...

HOSPITALS are facing closure across London as the government begins making savage cuts to the NHS budget to deal with its debts crisis. With the...

‘BUILD the Workers Revolutionary Party and the Young Socialists and the Fourth International.’ That was the message from the News Line/Trotsky Anniversary rally attended by...

Alone & lost in LABOUR, a survey by the Royal College Midwives and ‘Netmums’, highlights a shortage of midwives and lack of postnatal and...

The North East London Council of Action is holding a picket of Chase Farm Hospital today as news emerged that huge cuts...

LARGE-scale hospital cuts and closures are now being organised for immediately after the next general election. These cuts have been dictated by the current enormously...

THE UK’s public sector net deficit for October reached £11.4bn and is the highest monthly deficit since records began. The national debt at...

OVER 2,000 Greek public sector workers on short-contracts staged a militant demonstration through Athens city centre on Wednesday, calling on the social-democratic government of...

Youth unemployment continued to rise from July to September, with the number of 16 to 24-year-olds out of work up by 15,000 to 943,000,...