Tag: england

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...

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...

AT THE weekend, the Tory-supporting Telegraph newspaper published an article by its economics expert Jeremy Warner which carried the dire headline: ‘Few have woken...

CABINET ministers are urging fellow Conservatives to get behind Prime Minister Liz Truss, after a week of open disagreement and back-stabbing within the Tory...

TORY Minister for Equalities Nadhim Zahawi claimed yesterday morning that ‘blackouts are extremely unlikely this winter,’ when he did the rounds of the TV...

MORE than 300,000 members are receiving ballot papers in the post from yesterday launching the RCN’s biggest strike ballot in its 106-year history. You can...

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

More than 75,000 children are stuck in temporary accommodation due to insufficient housebuilding and low benefits, new studies have concluded. Reports from University College London...

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

A RECORD over 40,000 nurses have quit the NHS in the past year – one in nine of the workforce, an analysis by the...

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...

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

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...

THE opening of the Labour Party conference took a new turn yesterday when the Labour Party leader Starmer, who has played a key part...

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...

MIDWIVES in England and Wales are to be balloted on industrial action. The move was announced by the Royal College of Midwives (RCM) at its...

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...

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...

Staff at 26 Further Education (FE) colleges will take ten days of strike action starting on Monday 26 September demanding ‘a significant pay rise’,...

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

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...

ROYAL COLLEGE of Nursing (RCN) leader Pat Cullen has responded to NHS data showing nurse vacancies have jumped to a record level by urging...

THE GPs’ magazine Pulse has published the results of a major survey of GP surgeries, showing the extent to which primary care has been...

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,...

OVER half of UK households, that is millions of workers and their children, are experiencing food and fuel poverty, i.e. facing starvation and freezing...

THE most significant of a growing wave of strikes in Britain will go ahead with an eight-day walkout. This is after after pay talks broke...

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...

THE ‘REAL VALUE’ of pay is in freefall, collapsing by 3% between April and June, according to the latest report from the Office for...

A BALLOT of Royal College of Nursing members in Scotland has shown the majority are willing to take part in strike action – with the...

UNITE has revealed that Harrods is the ‘first employer’ to threaten staff with the new law allowing agency workers to break strikes and engage...

TRAIN drivers belonging to ASLEF – the train drivers’ trade union which represents 96% of the train drivers in England, Scotland, and Wales –...

POLICE in London have strip-searched 650 mostly Black children – most of whom were found to be innocent of the suspicions against them –...

THE SENSE of alarm and downright terror mixed with a sense of helplessness amongst the British ruling class saturates the bourgeois press today as...

THE RCN (Royal College of Nursing) is urging its hundreds of thousands of members to vote to strike for pay in a ballot which...

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...