Socialist Worker

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Issue No. 2435

Ebola states’ debt burden 

west african countries that have been badly hit by Ebola are being crippled with debt repayments to the West.

The International Monetary Fund (IMF) said it would allocate a further nearly £200 million to countries worst affected.

Since the IMF’s announcement Sierra Leone has spent £1.5 million on debt repayments.


Bank Fashion goes bust 

high street retailer Bank Fashion has gone into administration less than a month after Christmas. 

The news comes less than two months after the company was snapped up by restructuring firm Hilco Capital.

Hilco bought the company from JD Sports retailer last year for just £1. 

The bankruptcy puts 1,555 workers’ jobs at risk. 


Super rich snap up Rolls Royces

the Rolls-royce car manufacturer sold a record number of cars last year, despite the crisis. 

Rolls-Royce is the favoured manufacturer of the world’s super rich.

The firm boasted that said it sold more cars priced over £157,000 than any rival. 

The automobile giant’s sales were up 12 percent from last year. 

More than 4,000 cars were sold. 

But last November bosses at the Rolls-Royce group announced plans to slash 2,600 jobs during the following 18 months.


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News
Tue 6 Jan 2015, 16:34 GMT
Issue No. 2435
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