Tag: england

UK Mortgage approvals fell sharply again in October, the Bank of England reported yesterday, confirming fears that house sales and prices have a lot...

THERE is nothing like the crisis of the capitalist system to bring out the essence of the Labour and trade union leaders, as labour...

ON Monday Chancellor Darling opened his pre-budget report with a piece of cheerful idiocy, saying that he was ‘confident that the UK, as an...

‘The appalling failures in the health care of children in detention centres, which are the ultimate responsibility of the UK Home Office’, are condemned...

FACED with the crash of the pound and the enormous 182,000 leap in the number of unemployed in the three months to October, the...

The British Medical Association (BMA) yesterday expressed concern over the threat of closure hanging over a number of NHS hospitals. This followed data published yesterday...

The GMB trade union yesterday condemned the huge profits being made out of the poorest customers by gas and electricity companies. New watchdog Consumer Focus,...

MERVYN KING, the Governor of the Bank of England (BoE), said on Wednesday that Britain was already in a recession. He added that he expected...

The economy of the 15-nations eurozone has slumped into recession for the first time ever, EU data released yesterday revealed, with GDP falling 0.2%...

GERMANY, the world’s biggest exporter of commodities, and the strong man of the EU, has begun to slump with government figures showing that its...

The Bank of England governor Mervyn King yesterday admitted that the UK entered a recession in the middle of 2008. Stunned by the...

Official figures out yesterday showed that UK unemployment has hit an 11-year high, with the number of people out of work in the three...

A realisation of the depth of the slump, yesterday drove the Bank of England to make a panic 1.5% cut in interest rates...

LLOYDS stated yesterday that its takeover of HBOS would save it at least £1.5bn a year, more than it had been expecting, which all...

BY JOHN COULTER, IRISH POLITICAL JOURNALIST Sinn Féin and families of the victims of British state violence, yesterday held their rally in opposition to...

THE world’s banks have now lost £1.8 trillion the Bank of England has reported in its Financial Stability Report. This is as a result of...

Health workers across the NHS are facing severe hardship due to the current economic crisis and the effect of a below inflation pay deal,...

The British Medical Association (BMA) yesterday slammed the government for ‘treating health care like a business opportunity’. It was responding to news that the government...

OVER 150 Chagos Islanders and their supporters – including a delegation of Chagossians who had flown from Mauritius – were at the House of...

AFTER actively assisting in the creation of trillions of debt, and showing its contempt for the concept of value by selling almost half of...

THE number of immigrants allowed into the UK under the current ‘points system’ will have to be reduced because of the economic crisis, and...

UNISON has written to all local councils demanding to know what steps they are taking to recover cash invested in Iceland banks and how...

YESTERDAY saw the big international push get under way to try to rescue the bankers of the world from the crisis of their capitalist...

Brown and Darling yesterday announced a £500bn package of measures aimed at rescuing the banking system. The equivalent of $880bn, it means they are handing...

Billions more pounds were wiped off UK bank shares, yesterday, in the wake of Monday’s falls which saw £93bn wiped off the London Stock...

UK share prices crashed yesterday, wiping over £85bn off the London Stock Exchange, with the FTSE 100 index crashing 391 points or 7.85% to...

FRENCH Foreign Minister Bernard Kouchner dismisses the idea that even one nuclear bomb makes the Iranians immune to attack, he told Ha’aretz in an...

NEW Business Secretary Peter Mandelson admitted yesterday that he had checked in with his old boss Tony Blair before he agreed to take up...

Councils will have to make further savings as the economic slowdown bites, local government bosses warned on Friday. The economic slowdown has left town halls...

Doctors, nurses and health workers will take to the streets with local people today, Saturday 4 October, to defend the future of Hinchingbrooke Hospital,...

THE manufacturing sector of the British economy shrank last month at the fastest rate for 17 years, that is since 1992, according to figures...

President Bush yesterday warned Americans that the economic damage to the US will be ‘painful and lasting’ if Congress fails to pass his $700...

THE Treasury yesterday confirmed that Bradford & Bingley’s (B&B) £50bn mortgages and loans will be nationalised. The mortgage bank’s £20bn savings unit and branches...

Mortgage bank Bradford & Bingley is to be nationalised to prevent a run on the bank and its complete collapse, possibly spreading...

Prime minister Brown met Wall Street fund managers yesterday, officially for talks on how best to protect savings and pensions during the current global...

THE US president George Bush has been so frightened at the prospect of a 1929 collapse and a 1930s depression gripping the US that...

More than 800 postal workers from across the country marched on the Labour Party conference in Manchester on Monday. They were joined by disabled Remploy...

ON 22nd July 2005, Jean Charles de Menezes, an innocent member of the public, was killed by Metropolitan Police officers in a grotesque and...

‘IT seems to me that bank workers are treated as second-class citizens as though their jobs don’t matter.’ This is what Ged Nichols, general secretary...

Responding to yesterday’s unemployment figures, TUC General Secretary Brendan Barber said: ‘Today’s figures show that unemployment is starting to accelerate and it now...

The inquest into the death of Jean Charles de Menezes will begin next Monday 22nd September at 10am at the Oval Cricket Ground, The...

QUEUES formed around the Singapore offices of an AIG subsidiary yesterday, as the world’s biggest insurance company collapsed, losing 70% of its share price. At...

SHARE price collapses continued yesterday after the bankrupting of the fourth largest US investment bank, Lehman Brothers, and the ‘rescue’ of Merrill Lynch by...

Academies are private companies and will be in charge of education in local areas, the Labour government makes clear in its document Building Schools...

ON 31st July 2008 the Independent Reconfiguration Panel (IRP) produced their report on the future of health services in Barnet, Enfield and Haringey. In it...