Tag: budget

THE ‘STATISTICALLY significant’ increase in maternal deaths reported on Thursday by MBRRACE-UK is a tragic indication of a lack of government investment in maternity...

MEMBERS of the Royal College of Nursing (RCN) will be angry that the historic vote by the overwhelming majority of nurses throughout the UK...

NURSING staff have voted to strike in the majority of NHS employers across the UK. Nursing staff at the majority of NHS employers across the...

NURSING STAFF have voted to strike in the majority of NHS hospitals across the UK, and the nurses union, the RCN, has called on...

PRESIDENT Daniel Ortega, as he went to vote in the municipal elections on Sunday, emphasised that people were voting for Nicaragua and by doing...

YESTERDAY morning, Tory ministers had to submit to the Office for Budget Responsibility (OBR) their plans to impose the cuts demanded by Chancellor Jeremy...

THE US administration of Joe Biden is privately encouraging Ukraine’s leaders to signal an openness to negotiate with Russia and drop their public refusal...

Workers at a combined Starbucks and Amazon store in Times Square filed a petition for union recognition last Friday, saying they’re being required to...

IN THE much-anticipated medium term budget policy statement (MTBPS), the Minister of Finance, Enoch Godongwana, will, like his counterparts at the South African Reserve...

CHANCELLOR Hunt, and Prime Minister Sunak are set to dump the whole historic crisis of out-of-date and senile British capitalism onto the backs of...

Rishi Sunak was appointed Tory Prime Minister yesterday after his opponent Penny Mordaunt withdrew from the race at the last minute. Sunak was overwhelmingly rejected...

‘TODAY the National Education Union is writing to employers with notification of our intention to carry out national ballots of around 300,000 teacher and...

‘TUC GET OFF YOUR KNEES, CALL A GENERAL STRIKE!’ rang out outside the Brighton conference centre as the TUC three-day Congress opened yesterday. Hundreds of...

THE TORY government has made it crystal clear that its current reorganisation is being made in order to carry out a very serious assault...

NEWLY-INSTALLED Tory Chancellor Jeremy Hunt yesterday completely shredded the mini-budget announced just a few weeks ago by Kwasi Kwarteng. Kwarteng was unceremoniously sacked on Friday...

Tory Chancellor Hunt declared that the entire cost of British capitalism’s crisis is to be dumped onto the backs of the working class yesterday. Hunt...

IT WAS ‘sackcloth and ashes day’ at The Sunday Telegraph yesterday as it surveyed the collapse of the Truss regime. It wrote that: ‘Jeremy Hunt,...

CONSISTENCY between fiscal and monetary policy is paramount for economic and financial stability as high debts and deficits push more countries into budget crises...

KWASI Kwarteng was sacked yesterday afternoon as Tory Chancellor, just weeks after he announced huge unfunded tax cuts that triggered a financial crisis by...

THE TORY party’s putrefaction continued yesterday with Prime Minister Liz Truss’ sacking of her ‘great friend’, Chancellor Kwasi Kwarteng, followed by a four-minute statement...

Liz Truss was only installed as Prime Minister little more than 4 weeks ago but yesterday a senior Tory minister, Foreign Secretary James Cleverly,...

YESTERDAY, PM Truss was fighting for her political life against a Tory faction that is determined to ditch her as soon as possible, if...

THE Bank of England on Tuesday insisted that it was dumping the pound and would proceed with its decision to stop supporting the bond...

Amazon workers at JFK8, the company’s Staten Island warehouse that voted to unionise earlier this year, held a sit-in, strike on Monday after a...

BANK of England (BoE) Governor Andrew Bailey announced yesterday morning that there will be no more government bond-buying by the Bank after tomorrow, regardless...

THE SPEED of the UK economy crashing into complete bankruptcy is breathtaking, as it leaves the Tory government along with the Bank of England...

LIZ TRUSS returns to Parliament for the first time as Prime Minister today, amidst a bubbling rebellion of MPs and economists who are aghast...

TORY prime minister Liz Truss didn’t waste time. She fled the country immediately after the meltdown of her government at the Tory Party conference. Yesterday...

TORY prime minster Liz Truss closed the Tory Party conference yesterday with a speech designed to convince the party faithful that, despite performing a...

TO DESCRIBE the forced decision by Tory Chancellor Kwasi Kwarteng to abandon his plans to end the 45% top rate of income tax to...

FOLLOWING his humiliating U-Turn in the small hours of yesterday morning, when Chancellor Kwazi Kwarteng’s announced the abolition of the 45p rate of tax...

THE Tory Party is now in Conference and in the biggest crisis in its history, after its ‘mini budget’ caned the poor and the...

AS THE Tory Party Conference began in Birmingham yesterday PM Truss boasted that she means to proceed from last week’s huge tax cuts for...

TORY Prime Minister Liz Truss finally emerged from Downing Street yesterday to make her first public statement on the economic crisis that has brought...

LABOUR leader Sir Keir Starmer has called for Parliament to be recalled so MPs can abandon last week’s mini-budget ‘before any more damage is...

THE International Monetary Fund has openly condemned the UK government over its tax cuts that handed billions to the rich, warning that the measures...

African Trade Unions (Cosatu) members barred ANC Chairman Gwede Mantashe from speaking at their 14th national congress on Monday. ‘Hamba Gwede’ (Go Gwede) and ‘asinamali’...

THE Bank of England (BoE) launched a huge intervention in government bond markets yesterday, as the UK financial crisis spiralled out of control following...

Sir Keir Starmer opened his keynote speech at the Labour Party Conference in Liverpool yesterday by condemning the Truss Tory government’s mini-budget last week,...

THE pound crashed to its lowest level ever against the dollar yesterday morning threatening that it will soon reach parity with the US currency. Sterling...

‘THEY'VE lost credibility, they’re losing confidence, they’re out of control,’ Shadow Chancellor Rachel Reeves told the Labour Party Conference in Liverpool as the pound...

THE LABOUR Party Conference in Liverpool opened yesterday with a minute’s silence, followed by leader Sir Keir Starmer leading the hall in singing God...

UK CAPITALISM is in crisis. After the falls in sterling, and the rampant oil, gas and food inflation, the ruling class is desperate and...

CHANCELLOR Kwasi Kwarteng yesterday unveiled his mini-budget that will see the working class and the poor robbed, in order to further enrich the UK...

CHANCELLOR Kwasi Kwarteng has unveiled the plans by the Tory government to drive part-time workers back into full employment by cutting their benefits. Under the...