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12 September 2018

10 years since the financial crash - the socialist answer to capitalist crisis

On 15 September at a secret London venue top bankers who were part of Lehman Brothers will celebrate the tenth anniversary of their bank's 2008 collapse with "cocktails and canapes".

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18 November 2015

Tories flog bank assets to hellhound US profiteers

Chancellor George Osborne is hailing his 13 billion sell-off of Northern Rock mortgages as a success. But overall, the taxpayer has made a big net loss on sales of public assets.

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30 September 2015

Them & Us

It's one world for the super-rich, and another one for the rest of us. Suicide-causing Wonga debt rates versus bank bailouts; David Cameron accused of getting huntsman mate off charges.

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DWP group president Fran Heathcote (with flag) at Leeds Remploy picket line, 26.7.12, photo by K Williams

DWP group president Fran Heathcote (with flag) at Leeds Remploy picket line, 26.7.12, photo by K Williams

12 September 2012

Nationalise the banks

This is an extract of the speech at the TUC congress given by Fran Heathcote, group president of PCS in the Department for Work and Pensions, in support of a motion from the Fire Brigades Union on nationalising the banks

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23 November 2011

Them & Us

Rock bottom: Northern Rock, the failed bank rescued by the previous Labour government, has been sold off on the cheap to Virgin Money by the Con-Dems...

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23 November 2011

Tories and Labour fail to give 'Any Answers'

I went to a recent recording of BBC Radio 4's programme Any Questions in Worcester, writes Peter Scott, Worcester Socialist Party.

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23 November 2011

Northern Rock and Branson's present

The latest Con-Dem jape is to con the long suffering taxpayer who will stump up 13 a head to give Richard Branson the 'good' part of Northern Rock, writes Tony Mulhearn

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16 June 2010

Northern Rock throws workers on the dole

Northern Rock workers are stunned to hear that the bank is now planning another round of job cuts. Last week workers were hit by a redundancy bombshell of 650 job losses out of 4,500 staff. This works...

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24 February 2009

Where's the bailout for us?

For millions of working class people, however, the urgent question is: where is the bailout for us? For thirty years governments have told us that the only option is privatisation of public services, and...

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22 October 2008

Fast News

Hard as rock: Faced with escalating house repossessions, the government is now urging banks to be lenient on people falling behind with their mortgage payments...

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21 May 2008

Build Affordable Homes Now!

Housing crisis worsens: In the same week that Tony Blair buys his sixth house for 4 million, the Local Government Association announced that another million people could join housing waiting lists in the next two years, writes Lois Austin.

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16 April 2008

Housing crisis: Britain's house of cards

AS THE US economy moves sharply downwards, the threat of a crash in the British housing market is becoming ever more real, writes Marc Glasscoe, Socialist Party Lincoln.

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2 April 2008

Capitalism gambles with our lives

FSA Northern Rock report: WHEN NORTHERN Rock collapsed last year, the Financial Services Authority (FSA) set up an internal review of its regulation of the bank, writes Kevin Parslow.

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2 April 2008

Editorial: For a 35-hour week with no loss of pay

WITH 2,000 job losses projected out of a total workforce of 6,000 at Northern Rock, together with one third of all jobs in the financial sector going, the shadow of unemployment returns once more to haunt working-class areas...

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2 April 2008

End Labour's 'them and us' society

You could not make it up. Disgraced former Northern Rock chief executive Adam Applegarth will get a payout of 760,000!

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25 March 2008

Northern Rock: Workers 'gutted' at the scale of job losses

Northern Rock's announcement of 2,000 job cuts - around one-third of its workforce - has numbed workers, writes Elaine Brunskill, Newcastle Socialist Party.

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19 March 2008

Darling's 'more of the same' budget

Editorial: "The most wrenching since the end of the second world war" is how Alan Greenspan, ex-head of the US Federal Reserve, described the current crisis engulfing the US economy...

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19 March 2008

Socialist Party 2008 congress

Delegates and visitors from Socialist Party branches across England and Wales met in London on 8-10 March, for the Socialist Party's annual congress. Reports on main sessions.

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4 March 2008

Pensions under attack

Postal workers

Postal workers' picket line in East London, photo Naomi Byron

Two weeks ago Royal Mail bosses awarded themselves massive bonuses of over 4.5 million, writes Andy Bentley

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1 March 2008

Consequences of crisis for consciousness worldwide

We do not take a simplistic 'economic determinist' approach to politics. It is not our conception that recession will automatically lead to a mass increase in support for socialist ideas...

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