Tag: england

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...

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

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...

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...

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

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...

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...

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...

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...

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...

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...

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

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...

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

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

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

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

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

‘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,...

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

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...

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...

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...

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,...

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

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

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...

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...

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...

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

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...