Tag: england

THE Bank of England yesterday launched its government-backed scheme to allow the major banks to swap their dodgy mortgages for UK Treasury Bonds, in...

The Bank of England yesterday launched a scheme to allow banks to ‘swap temporarily their high quality mortgage-backed and other securities for UK Treasury...

CHANCELLOR Darling yesterday admitted that the Labour government, cold-bloodedly, in the last budget, abolished the 10p tax rate for the lower paid, knowing that...

By Irish political journalist John Coulter THE racist British National Party has confirmed it will contest the next Northern Irish council elections. Mid Ulster, Upper Bann,...

PRIME Minister Brown has made an appeal to the Wall Street bankers to be honest, surely a contradiction in terms. He wants them to publicly...

Seven mothers on hunger strike in the family unit in Yarl’s Wood Immigration Removal Centre (IRC), near Bedford, yesterday managed to get a message...

The British Medical Association (BMA) yesterday slammed pressures being put on GPs by private companies running out of hours services to cut down on...

PRIME MINISTER Brown said yesterday that he will not be diverted from taking ‘unpopular’ decisions to ensure Britain gets through the global credit crunch....

Soaring factory prices have seen UK producer inflation reach its highest rate, 6.2%, in nearly 17 years in March. Annual ‘output price inflation’ at 6.2%,...

OVER 100,000 Members of the Public and Commercial Services Union (PCS), will be on strike at the same time as the NUT teachers and...

GPs yesterday opposed plans by Virgin Healthcare to offer GPs 10% of the profits it plans to make from private services including dentistry, therapies...

The Royal College of Midwives (RCM) yesterday rejected an 8% over three years pay-cutting NHS Pay Review Body offer, which is backed by the...

The squeeze on the availability of mortgages is expected to continue and get worse in the next three months, the Bank of England has...

UNISON yesterday called on the government to build more council houses as First Direct became the first major bank to stop lending to house...

MEMBERS of the 270,000-strong National Union of Teachers (NUT), Britain’s largest teaching union are to take strike action on April 24 over pay. They...

A JOINT report from the Confederation of British Industry (CBI) and Pricewaterhouse Coopers (PWC) yesterday revealed the fears in business circles that the ‘credit...

THE National Union of Teachers Conference in Manchester yesterday voted overwhelmingly to oppose military recruitment activities in schools. Motion 48 on War, accused the Ministry...

DELEGATES at the National Union of Teachers (NUT) annual conference in Manchester have called for action over pay, privatisation and teachers’ workload. During...

THE major British banks want to be able to use a ‘wider range’ of collateral, meaning their very dodgy mortgage portfolios, for the billions...

The Bank of England yesterday mortgaged £11 billion more of taxpayers’ money to shore up the big UK banks, as bank bosses held talks...

The Unite trade union yesterday told Northern Rock that they will oppose any plans for compulsory redundancies at the publicly owned bank. Following the announcement...

THE OFFICIAL annual rate of inflation leapt in February, according to the Office of National Statistics (ONS). Figures published yesterday showed that the Consumer Prices...

Billions of dollars, euros, pounds and yen were wiped off the world’s stock markets yesterday, as they reacted to the emergency bail-out of US...

THIS book shows that Independent Sector Treatment Centres (ISTCs) have been introduced to give contracts to private companies to provide care for NHS patients,...

OVER 400 people attended the Chagos Islands Community Association rally in central London on Saturday evening, to demand the Chagossians’ right to return to...

THE AIM of every government in 2008 is to ‘maintain stability through the world economic slowdown’, said Chancellor Darling yesterday in his budget...

In his first budget, Chancellor Darling hit the working class and middle class with big hikes in alcohol, tobacco and vehicle taxes while giving...

BLACKSTONE, the world’s biggest private equity capitalist raider, has reported a collapse in its profits in the last three months...

PREMIER Brown’s pre-budget comment piece in the Financial Times was written so that he could talk directly to his constituency, the bosses. He...

THE Brown government rails on about ‘breaches of human rights’ allegedly taking place in Zimbabwe and Burma, and makes all kinds of allegations...

RETROSPECTIVE changes to the Highly Skilled Migration Programme (HSMP) which originally passed into law in 2006 will mean thousands of non-EU migrants being forced...

THE Bank of England is acting like a rabbit frozen in the headlights of a powerful car. It knows that, this Thursday, it wants...

THE ‘biggest shake-up of the immigration system in 45 years’ got underway yesterday, according to the Brown government. The ‘shake-up’ is that the British ruling...

The dollar plunged to another record low against the European single currency yesterday in the face of new US recession fears. In morning deals,...

The National Union of Teachers (NUT) has said a report from the right-wing think tank Reform, has exposed the academy schools programme’s ‘real agenda’,...

There is no good evidence that independent sector treatment centres have provided additional capacity, value for money, or high quality care, argue researchers in...

THE class message of the Labour government is clear. It is that if you’re a banker, you can do no wrong and are...

UK military chiefs are screaming for more money to be spent on defence, as a desperate imperialism is driven to launch more wars for...

AXED children’s theatre workers expressed outrage at Culture Secretary Andrew Burnham’s proclamation last Wednesday that ‘every schoolchild will get five hours of culture a...

PRIME Minister Gordon Brown’s government is targeting General Practitioners (GPs) in its rush to privatise the National Health Service (NHS). Two key barriers to a...

THE capitalist state used to be the mailed fist concealed within the velvet glove in Britain. Its real power was covered by the parliamentary...

THE Governor of the Bank of England, Mervyn King has proclaimed that the crisis of capitalism means huge ongoing cuts in the standard of...

SIR Ronald Flanagan, the Chief Inspector of Constabulary in England and Wales, and the senior police adviser to the Home Secretary, will publish a...

Prime Minister Brown had war talks with US Secretary of State Condoleezza Rice at Downing Street yesterday afternoon. The pair discussed tensions within NATO over...

UNEMPLOYED council and housing association tenants must be made to sign a new tenancy agreement under which they will agree to have their skill...