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16 May 2012
JP Morgan: banksters at it again
The financial sector is back in the news as it emerged that cowboy investors at JP Morgan's London office have lost $2 billion (£1.2 billion), leading to a run on shares which swept $19 billion off the bank's market value in just two days, writes Ross Saunders.
18 April 2012
Clegg's text message plans make us LOL!
Unemployment continues to plague austerity Britain. Over 2.6 million people are out of work. And we're disproportionately aged under 25, writes James Ivens.
29 February 2012
Solidarity with Occupy London protesters
Just after midnight on Tuesday 28 February riot police brutally evicted the peaceful Occupy London protesters from their camp outside St Paul's Cathedral, which was set up last year
29 February 2012
Bankers are now facing a fresh wave of anger as Lloyds has announced that, despite netting a £3.5 billion loss last year, a handful of executives will collect £375 million in bonuses, writes Ross Saunders, Wales Socialist Party.
16 February 2012
Socialist Party debates with leader of Southampton Council on BBC Radio Solent
Nick Chaffey, Anti-cuts campaigner and the Socialist Party's regional organiser in Southampton, debated with Southampton council leader, Royston Smith...
1 February 2012
Bankers bonus scandal - Fight this profit-mad system
The recent 'Hesteria' has been revealing. The Tories, majority funded by the City, went on about 'fairness' and bankers' bonuses but failed to challenge RBS boss Hester's £1m bung
14 December 2011
Everyone's struggling to keep the show on the road this Christmas, aren't they? Well children of the 1% don't have to worry at all about what Father Christmas is bringing. Parents who frequent Selfridges...
30 November 2011
Ian Hislop's BBC documentary 'When Bankers Were Good' starts by quoting ex-New Labour minister Peter Mandelson's line "I'm intensely relaxed about people getting filthy rich", writes Ian Pattison.
23 November 2011
Mansfield - build houses, create jobs
2,000 young people in Mansfield, Nottinghamshire can't find work. Over 9,000 people in Mansfield are on the council housing waiting list. So why have building workers been thrown on the dole?
9 November 2011
Bonus bonanza: RBS, the bank that became synonymous with greedy speculative bankers (Fred 'the shred' Goodwin), huge corporate losses and publicly funded bailouts, has once again rewarded its top investment bankers with a £500 million pay and bonus pot...
2 November 2011
Liverpool council 'does its best' for the bankers
In rejecting the option to stand up and fight for Liverpool's hard-pressed working families, council leader Joe Anderson, at Liverpool council's Question Time public consultation on 27 October, claimed that he was doing his best for the people of the city, writes Tony Mulhearn.
On the National Shop Stewards Network lobby of TUC congress, 11 September 2011, photo Sujeeth
21 September 2011
We won't pay for the bankers' crisis!
Strike back on 30 November: Once again recklessness is bringing the banks into even further disrepute. UBS bank has 'lost' $2.3 billion due to the antics of 'unauthorised' trader Kweku Adoboli, writes Tony Mulhearn, Liverpool Socialist Party.
3 August 2011
Jail the bankers ... and nationalise the banks!
A multinational team of financial regulators, led by the US Department of Justice, is investigating allegations that some of the world's leading banks manipulated currency rates at the time of the credit crunch crisis in 2008...
UK Uncut protest against banks and to save the NHS in Cardiff, photo Socialist Party Wales
1 June 2011
Fight for a socialist alternative: 'Bankers are scum', they are 'parasites', they are 'gangsters'. It has become a truism; something so widely accepted that it is hardly even worth mentioning. And yet the hatred intensifies, writes Sarah Sachs-Eldridge.
18 May 2011
Britain's economic position and the cuts
14) The hopes of a revival in the fortunes of the ConDem government - which is already under siege from opposition to the cuts - will be dissipated...
27 April 2011
Bristol 'Tesco riot' reveals anger
On Thursday night, 21 April, disturbances took place in the Stokes Croft area of Bristol when police clashed with anti-Tesco protesters and the local squatting community...
13 April 2011
Banking giants avoid punishment
When share prices in Barclays Bank and Royal Bank of Scotland rose by over 3% last week, the markets made it clear that the Banking Commission's interim report into the 2008 financial meltdown is, in fact, a paper tiger, writes Simon Carter.
23 March 2011
"The Tories, Lib Dems and Labour all support cuts, privatisation and the anti-union laws...
23 February 2011
As youth unemployment neared the one million mark and as the official inflation rate hit 4% (while many workers are effectively suffering pay cuts), champagne corks were popping in the City bars as investment bankers celebrated their share of Barclays Group's £3.4 billion bonus pot...
16 February 2011
IT'S BEEN confirmed: they are all in it together. David Cameron and his Conservative Party receive the majority of their funding, not just from big business, but London's 'square mile' financial centre...
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