Tag: pensions

Today, January 20th, UNITE HERE will launch its UNITE HERE for Change campaign, an ‘effort to work with President Obama and Congress to make...

THE Standard and Poor (S&P) credit rating agency downgraded Greek government bonds on Wednesday sending government stocks and share prices on the Athens Stock...

THE British Chambers of Commerce yesterday published its Fourth Quarter Economic Survey of nearly 6,000 businesses. It highlights what it called ‘a...

WITH capitalism in its greatest crisis, and with tens of millions of jobs and tens of millions of people’s lives being destroyed after the...

THE two-million-strong Service Employees International Union (SEIU) will today launch an ‘intensive’ campaign for healthcare and trade union rights for all workers in the...

STATEMENT BY THE NEWS LINE EDITORIAL BOARD WELCOME to 2009. It is the year for getting rid of capitalism and the capitalist world order. Capitalism is...

Trade union leaders were yesterday impotent in the face of threatened mass sackings at Jaguar Land Rover (JLR) and Corus by owner Tata of...

LABOUR’S leaders love the rich and have no time for the poor. As a government, Labour turned Britain into a second tax-free home for Russian...

Postal workers were yesterday left confused and angry after the Communication Workers Union (CWU) Postal Executive called off strikes at five mail centres late...

‘We are fighting the government and business now,’ said Communication Workers’ Union (CWU) Eastern Region No.6 branch secretary Paul Olden yesterday. Commenting on the government’s...

‘We have to strike to defend Royal Mail, to defend our jobs and to defend our pensions,’ CWU HP Section Chairman, South Central No...

THE Brown government is organising a £3bn sell-off of up to one third of the Royal Mail, a privatisation that will cost up to...

THE $14bn (£9.4bn) bail-out deal for the Big Three US car giants has failed to get the support of the US Senate. Its refusal came...

The Brown government and the Tories yesterday joined forces to cane the unemployed. After Work and Pensions Secretary Purnell announced his ‘workfare’ Welfare Reform White...

‘As ordinary trade union members are fighting for their jobs they must have a leadership with a policy of “not one job sold, not...

Chancellor Darling yesterday handed more billions to business in his pre-budget report, while making it clear the working class will be expected to pay...

LAST week a Tory MP had to apologise to the House of Commons because he had said that the government should ‘let the recession...

The TUC and single parent charity Gingerbread yesterday condemned the Work and Pensions Secretary Purnell’s decision to press ahead with ‘welfare to work’ plans...

US WORKERS will be asking themselves what the recent presidential election campaign was all about when Obama was fighting for change and saying that...

Hundreds of Unite members working for the Dover Harbour Board began a 48-hour strike at 7am yesterday morning. Speaking from the picket line yesterday afternoon,...

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 Communication Workers’ Union (CWU) yesterday said that job cuts in BT ‘must not be met through compulsion’ and pledged it will ‘oppose any...

YESTERDAY afternoon Barack Obama was in discussion with his economic advisers and with his allies as the crisis of US imperialism intensified on the...

BARACK OBAMA has just been elected by an explosion of popular support and anger that has united the working class and brought the majority...

AT the same time as the Brown government continues to spend hundreds of billions to ‘preserve’ the bankers and the capitalist system, his government...

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...

THE worldwide capitalist crisis drove the pound down on Friday into an unprecedented collapse. The pound slumped 9.6 US cents to $1.52 at...

THE London and New York stock markets were in free fall yesterday, losing hundreds of points, with tens of billions of dollars and pounds...

THE Greek working class delivered a most powerful notice to all concerned last Tuesday with a militant 24-hour general strike called by the GSEE...

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

CRS riot police were used against striking Meteo-France weather service workers who were picketing and blockading the organisation’s Toulouse site at 22.30 on...

The GMB on Wednesday welcomed the reinstatement at Heathrow Airport’s Arora Hotel of ‘a father sacked for fulfiling family commitments’. GMB said the hotel management...

THE one per cent economic crisis levy on the wages of every worker in the Irish Budget was described as ‘a crude instrument that...

The number of unemployed people in the UK rose by another 164,000 between June and August, to 1.79 million, according to the latest government...

The number of UK unemployed rose by 164,000 between June and August, to 1.79 million, taking the official unemployment rate to 5.7% from...

The Consumer Prices Index (CPI) measure leapt from 4.7% in August to 5.2% in December, with the Retail Prices Index (RPI), which includes the...

inflation hit 5.2% in September, the highest rate since 1992, rising from 4.7% in August, according to the government’s Consumer Price Index (CPI) figures...

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 the Brown government was emphasising that it had no interest in running the three banks that it was ‘part-nationalising’ (rescuing) with £37bn of...

THE run on shares last Friday, particularly bank shares, devastated capitalists and capitalism. The Royal Bank of Scotland saw its shares crash by 25 per...

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

WITH the financial storm clouds starting to burst around him, Prime Minister Brown has established with his cabinet reshuffle that he means every word...

YESTERDAY two major banks had to be nationalised to prevent a run on the UK and EU banking system. They were the Bradford and...

BOTH Washington and London were yesterday involved in a desperate race against the clock. Labour let it be known, Sunday mid morning, that it will...

REPUBLICAN representatives walked out of the crisis talks with President Bush on Thursday night, denouncing him as a socialist for launching his $700 bn...