Tag: england

FACED with loud and strident demands to slash its lending rate, to try and avoid a housing crash and a depression by crashing the...

HOSTILITIES have broken out between rival gangs of economists on the eve of the meeting of the Bank of England’s Monetary Policy Committee (MPC)...

‘We’re getting ready for revolution in Britain as part of the world socialist revolution.’ That was the message delivered by workers revolutionary Party General Secretary,...

THE chief of the Federal Reserve Bank, Bernanke, has hinted heavily that the developing slow down of the US economy will be met with...

IT has emerged that it is a question of principle for the Labour government that elderly people who are now living in nursing and...

‘THESE figures are nothing short of a national scandal.  It’s obscene that in this day and age more than 25,000 people aged 65 and...

The 80,000 members of the Public and Commercial Services Union (PCS) working for the Department for Work and Pensions (DWP) have voted two to...

UP TO 3,000 workers and youth marched behind the banner of the North East London Council of Action through Enfield on Saturday, demanding that...

THE collapse of the US sub-prime market has produced a major banking crisis in the UK, which has seen the Northern Rock bank being...

ANGRY Junior Doctors and their supporters held a vigil on Thursday outside a meeting of the House of Commons health committee which is...

HUGE petrol and food price increases have pushed up the UK cost of living, cutting workers’ wages and living standards. The Office of National Statistics...

THE HSJ (Health Service Journal) has done a service to the NHS, and its tens of millions of users. It has revealed just how...

‘We will return to Diego Garcia – it’s our right!’ – Chagos Islanders shouted outside Downing Street on Saturday. They put up the banner of...

BOTH the HSBC and Barclays banks along with the Royal Bank of Scotland have suffered major share losses in the past week, as investors...

In a bid to defuse a developing insurrectionary situation, Pakistan’s military ruler Pervez Musharraf said after chairing a meeting of the National Security Council...

THE formation of the United Kingdom National Defence Association (UKNDA) led by ex-chiefs of the general staff and politicians such as David Owen is...

The average UK price of unleaded petrol yesterday went over £1 per litre for the first time, as oil reached almost $100 a barrel...

THE decision of the governor of the Bank of England, Mervyn King to name and shame the Chancellor of the Exchequer, Darling, as...

THE Queen’s Speech yesterday outlined yet more attacks in the coming parliament on workers and youth in Britain by the Brown government, alongside a...

THERE is uproar in the Communication Workers Union (CWU) over the Royal Mail drive to rip up members’ existing terms and conditions, and the...

FIFTEEN thousand health workers and trade unionists from schools, local councils and other public services – as well as local residents fighting hospital closures...

THE National Health Service is under attack on every side by the government. It is being crippled by funding cuts and privatisation reforms. The...

Communication Workers Union representatives from across the country yesterday slammed the changes to Royal Mail pensions that their leaders want to sign up to,...

THE overstretched and undervalued NHS workforce will not accept another below-inflation pay deal next year, trade unions representing over one million health workers have...

THE latest Bank of England figures show that the number of new mortgages being given to house buyers has fallen by 20 per cent...

A black tourist has been paid £7,500 for wrongful imprisonment and discrimination in Maghaberry jail, near Belfast. Frank Kakopa who is originally from Zimbabwe was...

IN the recent period the government, the Bank of England and the employers have been glorying in the fact that the enlargement of the...

Government plans to axe degree funding for certain students contradict its own lifelong learning agenda and will hit universities offering courses to adults and...

Hundreds of workers took part in the Manufacturing Lobby of Parliament yesterday with Rolls Royce workers marching to the House of Commons chanting...

DESPITE having seen Northern Rock share prices crash by 60 per cent, queues of depositors outside branches taking out £2bn of their savings and...

THE US banks are now having to declare their indebtedness. Citigroup has lost $6 billion in a third quarter of this year write down, as...

‘Unsatisfactory’ government proposals mean a new junior doctors ‘medical training disaster’ is looming, warned the British Medical Association (BMA) yesterday. Commenting on the proposals to...

In a nationalistic speech to the Labour Party Conference yesterday, prime minister Brown made sweeping promises to improve public services. Hardly mentioning the world capitalist...

At the Labour Party conference in Bournemouth yesterday, Chancellor Alistair Darling stressed his support for the banks. In his keynote speech, moving the resolution ‘Prosperity...

THE two wings of the bourgeoisie are now going at it hammer and tongs to both exploit and abuse workers from the new EU...

THE Brown government has not just guaranteed all of the Northern Rock bank deposits, it has also underwritten its so called ‘commercial paper’, that...

SHARES in Northern Rock slumped yesterday leaving the Brown government contemplating the £28 billion guarantee it has given to secure its deposits. Financial markets around...

YESTERDAY was an historic day, with Prime Minister Brown pledging to bail out the banks. At the TUC Congress, Labour Party leader Brown told...

QUEUES of worried and angry savers continued outside Northern Rock banks yesterday. At the Harrow branch many queuers told News Line that they did not...

YESTERDAY morning frantic savers once again laid siege to Northern Rock bank branches, determined to withdraw their savings, following the scenes over the weekend,...

In a paper submitted to the House of Commons Treasury Committee, Mervyn King, Governor of the Bank of England warned yesterday: ‘The recent turmoil...

THE governor of the Bank of England, Mervyn King, in a letter to the House of Commons Treasury select committee has warned that efforts...

Delegates voted unanimously for Composite 3: ‘Agency Workers’ at the TUC Congress yesterday calling for ‘legislation to outlaw discrimination against agency workers’. It called on...

DELEGATES attending the TUC Congress in Brighton yesterday spoke out strongly in support of the Gate Gourmet sacked workers, and the postal workers. This was...

The exposure of the UK to the US sub-prime loans crisis will push up mortgage rates in the UK, a former Bank of England...