Tag: unemployment
Contradictions of UK capitalism sharpening to explosion point!
TORY PM Cameron has declared, in the last few days, that he will be pushing through austerity measures until the end of the next...
Austerity Forever Pledges Cameron
IN an interview given to the Daily Telegraph, the Tory prime minister, David Cameron, declared that ‘austerity’ will be forever as far as he...
Coalition putting over-65s to work!
UNEMPLOYMENT has fallen by 65,000 in the three months to May, while the number of newly unemployed in receipt of the JobSeekers Allowance, for...
Pay cuts or the sack doctors and nurses to be told
THOUSANDS of doctors and nurses face being sacked unless they agree to drastic changes to their pay and conditions as hospitals tackle an escalating...
Intensifying crisis can only be resolved by world socialist revolution!
SO FAR twelve global banks have been publicly linked to the Libor rate-rigging scandal, and face as much as $22 billion in combined regulatory...
End Eurozone Austerity!
UNEMPLOYMENT in the eurozone will rise by another 4.5 million in the next four years under the current austerity programme, the International Labour Organization...
Spanish workers on the road to revolution
SPANISH PM Mariano Rajoy has just announced a 3% VAT rise from 18%-21%, and a series of austerity measures that will cut the Spanish...
Power Cuts And A Heatwave In New York
NEW Yorkers continued to face power cuts in boiling temperatures on Tuesday as talks resumed to end a lockout of skilled power workers. Yet again...
Samaras Puts Up ‘Greece For Sale’ Sign
GREEK Prime Minister elect Antonis Samaras has declared a massive privatisation plan for the entire transport and energy sectors as well as dozens of...
Children starve in Britain while bankers reap billions
IN the same week that the capitalist banking system was exposed as a centre of criminal venality, lying and cheating in order to secure...
Remploy Workers Vote Overwhelmingly For Strike Action
‘WE now have the prospect of Remploy workers taking strike action to defend their jobs to avoid their certain destiny of being chucked on...
Victimisation At Carillion
Carillion workers were supported by Unite workers from Honda and BMW and officials from GMB yesterday lunch time, outside The Great Western Hospital in...
EUROZONE: unemployment soars, manufacturing collapses!
Unemployment in the eurozone soared to 11.1% in May, while the manufacturing collapse continued and is set to accelerate, according to official statistics produced...
BMA condemns Coalition’s local pay drive
THE BMA ARM has condemned the Tory-led drive to impose local pay deals on the public sector – which would mean the end of...
Anti-Olympics Campaign Launched
THE Counter Olympics Network (CON) has announced a march and rally in London’s East End on Saturday 28 July, assembling in Mile End Park...
Cameron’s war on youth
TRADE unions yesterday slammed Cameron’s plans to axe housing benefits for under-25-year-olds. A TUC spokesman told News Line: ‘This is a vicious attack on young...
Cameron Declares War On The Youth!
THE PM has said that people under the age of 25 are to lose their right to housing benefit, as part of moves to...
LEON TROTSKY’S ‘WHITHER FRANCE?’ TODAY Part 3: A Programme of Action...
THE election results from May 6th in Greece and France show that the working class will use every opportunity to fight against paying for...
LEON TROTSKY’S ‘WHITHER FRANCE’ TODAY Part 2: Neither ‘austerity’ nor ‘growth’...
AFTER governments across Europe either took over debt-laden banks, or the debts of the banks, in 2008 they demanded ‘austerity measures’ to repay the...
LEON TROTSKY’S ‘WHITHER FRANCE’ TODAY – 1. European capitalism gripped by...
A REVOLUTIONARY situation exists in Europe today as a result of the world capitalist crisis. Social Democratic/Labour and Stalinist reformists, and revisionists, may scoff at...
Narrow New Democracy Win – A Minor Breathing Space For Bosses!
IN CONDITIONS of polarisation, the conservative New Democracy party won Sunday’s crucial and vastly internationally significant Greek general election gaining 29.6 per cent of...
UK back to Victorian times
OXFAM warned yesterday that the ‘UK could return to inequality levels not seen since Victorian times’. Government rhetoric about ‘making work pay’ – used to...
Cuts In Child Poverty Reversed By Coalition!
Reductions in child poverty are being reversed by the Tory-LibDem Coalition’s onslaught on welfare benefits, a report from the Child Poverty Action Group (CPAG)...
‘We will negotiate with EC’ says Tsipras
THE Greek leader of the Coalition of the Radical Left (SYRIZA) Alexis Tsipras in an interview with the Athens left daily Avgi on Sunday...
SPANISH BANK BAILOUT WILL NOT HELP IRELAND says Finance Minister Noonan
THE Eurozone has agreed to lend the Spanish banks up to 100bn euros without demanding any austerity measures after Spanish Economy Minister...
100bn euros for Spanish banks! – 21,000 euros of new debt...
THERE was fury across Spain yesterday after prime minister Mariano Rajoy hailed a eurozone ‘lifeline’ of up to 100 billion euros ($125 billion) to...
BERNANKE READY TO ACT – to print hundreds of billions more...
US Federal Reserve chairman Ben Bernanke said yesterday that he is ‘ready to act’ on the US economy, hinting that the US is about...
Greek Youth Unemployment Now At 52.8%
THE Greek Statistics Authority (EL.STAT.) has announced that the official unemployment rate for last March rose to 21.9 per cent, a huge increase compared...
Panic reigns supreme under bankrupt capitalism
THE sense of panic and of impending doom is running wild amongst the international banks and the world bourgeoisie as they are forced to...
The Jubilee turns sour as capitalism crashes
THE Jubilee ‘celebrations’ have turned out to be a petty, momentary diversion for sections of the middle class, away from the real drama...
Slave Labour Jubilee!
LORD Prescott has demanded an inquiry into appalling treatment of unpaid ‘volunteers’ on the government’s slave labour ‘work programme’. They were bussed up to London...
Dire warnings for Europe!
BILLIONAIRE financial speculator George Soros warned yesterday that the German economy is going to totter in the Autumn, when the crisis will ‘come to...
Greek Workers Need Revolutionary Party!
TWO weeks before the Greek general election, due on June 17, Alexis Tsipras the leader of Coalition of the Radical Left (SYRIZA) last Friday...
Unemployment set to soar
UK bosses yesterday warned that the deepening UK slump will see unemployment soar further to 2.9 million next year. The manufacturing sector turned in its...
GAZA IS A BIG PRISON – says a former detainee
THE Palestinian Authority civil affairs minister said late Tuesday that Israel will return the bodies of 91 Palestinians buried in an Israeli cemetery on...
Media workers demand indefinite general strike
GREEKjournalists, printers, technicians and media office workers staged a 100 per cent successful national strike on Monday against wage cuts and mass sackings, demanding...
500 march to defend Hackney Commmunity College
OVER five hundred lecturers, students, local residents and supporters marched through the streets of Hackney last Saturday to defend Hackney Community college from a...
IMF Declares UK Economy going bust
The head of the International Monetary Fund (IMF), Christine Lagarde, issued the gravest warning yet on the state of the UK economy on Tuesday,...
‘work Experience’ On A Hospital Ward!
MOVES by a Midlands hospital trust to recruit unpaid ‘jobseekers’ to clean wards and ‘support patients through their hospital experience’ were condemned by a...
DELAY RATIFICATION OF FISCAL TREATY –urges ICTU leader Begg
Irish Congress of Trade Unions (ICTU) General Secretary David Begg has said that the Dublin government could delay ratification of the Fiscal Compact Treaty,...
German election crisis for Merkel
The economic and political crisis in the Eurozone countries is now firmly expressing itself in Germany, the dominant capitalist nation in Europe and the...
Queen’s speech intensifies coalition attacks on jobs pensions and basic...
THE Queen’s speech spelt out that her Tory-LibDem government is to step up its war against public sector pensions, continue to place the...
French and Greek workers reject austerity
The elections in France and Greece on Sunday demonstrated conclusively that Europe stands on the brink of a seismic revolutionary upheaval that will sweep...
Greek General Election Fury!
WORKERS and youth in Greece are set to deliver the biggest electoral blow ever this Sunday against the two main capitalist parties, the conservatives...
Vote For Livingstone! Get The Tories Out!
NEWS LINE urges all of its readers and supporters to vote for Ken Livingstone in the London Mayoral elections today, and to vote Labour...