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HBOS share price falls 50% in two days – as world...

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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...

Academies Are Designed To Smash Free State Education

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

BUILD COUNCILS OF ACTION TO STOP HOSPITAL CLOSURES WITH OCCUPATIONS...

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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...

Nationalise the energy companies to end fuel poverty

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PM Brown has rejected out of hand the trade union demand for a Windfall Tax on the oil, gas and energy companies, that are...

UNIONS ON THE MARCH! – but General Council to oppose POA...

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CIVIL service union PCS General Secretary Mark Serwotka yesterday announced that the union will be balloting 270,000 members across the civil and public services...

Plans To Privatise ‘La Poste’ Are A ‘Declaration Of War’

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The French post office union federations, CGT, SUD-PTT, CFDT, FO, CFTC and CGC, have called on postal workers nationally to strike and demonstrate on...

Defend jobs, pay & services: Lobby the TUC! Build councils of...

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THE Bank of England (BoE) Monetary Policy Committee decided yesterday to make no change in its base interest rate and to leave it at...

BROWN HANDS BANKS £200bn

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The Brown government has so far this year handed over more than £200bn to cash-strapped banks, it was claimed by a leading Swiss banker...

Pound drops and inflation rises as recession grows

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THE pound fell to an exchange rate of $1.77 yesterday, its lowest level for two-and-a-half years. In June sterling was trading at $2, but...

BUILD COUNCIL HOUSING – workers reject Brown package

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In a bid to prop up the banks and construction industry, prime minister Brown and chancellor Darling yesterday promoted a £1.6bn housing rescue package. This...

‘UK MUST HAND OVER TORTURE EVIDENCE’ – says Amnesty

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Amnesty International has called on the British government to hand over to Guantanamo Bay prisoner Binyam Mohammed’s lawyers, vital information it holds on him. Binyam...

Britain hardest hit by world capitalist crisis

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YESTERDAY’S reports on the state of the economy reveal more about the catastrophe gripping British capitalism, part of the world crisis. • The Bank of...

1.300 Sacked At Northern Rock

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Northern Rock bosses yesterday confirmed that the nationalised bank has sacked 1,300 workers. Eight hundred of the redundancies were compulsory, with the remaining 500 being...

Tamil Students Demand Release Of Colleague

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Sri Lanka Army (SLA) soldiers in their sentry post along Jaffna lagoon found a male corpse with gun shot wounds washed ashore on...

Bankers gripped by fear are relying on ‘hope’!

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THE new Deputy Governor of the Bank of England (BoE), Charles Bean said yesterday that when the so-called ‘credit crunch’ began last August central...

‘TSKHINVALI WAS STALINGRAD’ – Valery Gergiev condemns invasion by Georgia

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Russian conductor Valery Gergiev has said he hopes a concert in Tskhinvali will help the world to see the ‘truth’ of what happened in...

‘WE ARE PREPARED TO FACE THE BAILIFFS AND BULLDOZERS TO DEFEND...

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‘Bailiffs and Bulldozers, is the only way Lewisham Council are going to remove us’, is the motto of the Worried Tenants Group who are...

UK Economy Gripped By Slump And Inflation

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UK economic growth ground to a halt between April and June, according to the latest official data from the Office for National Statistics (ONS)...

BIG BANK SET TO FAIL – warns IMF former chief

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SPEAKING at a finance conference in Singapore yesterday, former IMF chief economist Ken Rogoff woke up slumbering listeners when he predicted: ...

DNA DATABASE ‘BY STEALTH’! – 40,000 innocent children among 4 million...

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The Brown government was yesterday accused of building up a national DNA database ‘by stealth’ by retaining profiles of nearly 40,000 children never...

Sterling disaster – it crashes against the $ and the €

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BANK of England governor King’s report, on the immediate prospects for British capitalism has produced a run on the pound – so precarious is...

BANK OF ENGLAND FEELS ‘ECONOMIC CHILL’ – Governor King forecasts ‘painful’...

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‘There is a feeling of economic chill in the air,’ Bank of England governor Mervyn King said yesterday. Introducing the Bank’s latest monthly inflation report,...

RATES KEPT AT 5% – TUC warns its rates cut or...

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The Bank of England Monetary Policy Committee (MPC) yesterday kept interest rates on hold at 5% as the central bank struggles to deal with...

£3billion more for Northern Rock – while 1,300 to be sacked...

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The government is to inject another £3bn into Northern Rock, Chancellor Darling said yesterday. As the nationalised bank announced a loss of £585.4m in the...

BAILIFFS MOVE IN AT CRACK OF DAWN! – but Brent Academy...

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AT the crack of dawn bailiffs once again invaded the Wembley Park Sports Ground. No legal notice had been given to the G.R.A.S.S occupiers...

TREAT MIGRANT WORKERS FAIRLY demands UNISON

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UNISON has welcomed new research showing the value of trade unions to migrant workers. The report by social policy charity the Rowntree Foundation was launched...

Labour squeezing poor and cutting services to prop up the banks

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CHANCELLOR Darling has told his cabinet colleagues there will be no more money made available for schools, hospitals or transport. These vital services face cuts,...

Restore free accommodation for junior doctors

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Around 300 medical students from across the country held a rally on Friday before holding an overnight protest against the removal of hospital accommodation...

PAY CUTS – NOW WAY! say council strikers

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‘CUT our pay – no way!’, ‘Two per cent is rubbish, so is Gordon Brown!’ and ‘Come on, come on Gordon Brown – raise...

COUNCILS OUT! – 800,000 take strike action

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OVER 800,000 Unite and UNISON council workers in England, Wales and the north of Ireland are taking strike action today and tomorrow, furious at...

Trade union action to beat ‘stagflation’

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TODAY 800,000 local council workers, members of the UNISON and UNITE trade unions, begin a two-day strike against a government-imposed wage cut, an offer...

‘FRY CRIMINALS’ – demand Orangefest leaders

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Orangefest’s family fun dissolved into political Orange fury as demonstration speakers blasted homosexuals, the Irish language and even called for volunteers to execute criminals...

Labour marshalling its strikebreakers

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THE capitalist state has had to admit that its war on two fronts means that it cannot rely on the British army for strike...

FBU condemns strikebreakers!

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The Fire Brigades Union (FBU) yesterday expressed ‘deep concern’ over secret plans to hire Group 4 private strike breakers in a £100m contract. A FBU...

Brown Speeding Up The Privatisation Programme

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THE reaction of the Brown government to the eruption of the capitalist crisis has been to champion the interests of the banks, pledging to...

PRIVATISATION DRIVE – being stepped up by Brown

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‘It is appalling that this Labour government is now more obsessed with selling off our public services to put profits in the pockets of...

Britain Is Ripe For Socialist Revolution

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THE British Chambers of Commerce (BCC) quarterly report has just discovered a situation that every worker and every shopper has been acquainted with for...

Darzi Rejected – Bma Conference Votes For No NHS Privatisation!

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DOCTORS at the Annual Representative Meeting of the British Medical Association in Edinburgh yesterday voted to stop the privatisation of the NHS, and voted...

SHARES CRASH! – GM down $51bn in 3 years

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YESTERDAY’S shares collapse across the globe was blamed by economists on record inflation, record oil prices and fears of more banks...

‘WE WILL RETURN TO DIEGO GARCIA’ – Chagos Islanders picket the...

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over 150 Chagos Islanders, British trade unionists and youth held a mass picket outside the House of Lords on Monday. The picket was called to...

BIS predicts deflation and depression

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LAST year the Bank for International Settlements (BIS) was alone amongst banks in warning that the situation had similarities to that at the time...

£400 Energy Rise On Way!

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HUGE hikes in gas and electricity bills are coming this year, the energy privateers flagrantly announced yesterday. ‘Big Six’ energy bosses told MPs on the...

Unison Vote For Sustained Strike Action

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UNISON’s local government members in England, Wales and Northern Ireland have voted by 55% to 45% for a programme of sustained strike action over...

Teachers Will Fight Schools Closures

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The National Union of Teachers (NUT) declared yesterday that the Brown government’s threat to close 638 schools for not reaching arbitrary targets ‘will be...

Brown to rescue banks by slashing wages and jobs!

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CHANCELLOR Darling has followed up his appearance before the bankers at the Mansion House on Wednesday night, where he pledged that wage rises would...