"This is an investment in the banking system that will eventually pay off," says chancellor Alistair Darling about New Labour’s bailout of the banks. And pay off it certainly will – to the enormous benefit of the bankers themselves.
Millions of people are celebrating across the world today after Barack Obama was elected as the first black president of the United States – a momentous achievement in a country with a long history of entrenched and vicious racism.
Any belief that Gordon Brown’s government is going to back workers rights took another blow as the government voted down a series of amendments to the Employment Bill that would have given limited rights to workers in industrial disputes.
Thousands of Iraqi workers took to the streets of Basra on 27 October in a protest at massive cuts in salaries demanded by the International Monetary Fund (IMF).
The people of the US were heading to the polls to vote for their new president as Socialist Worker went to press. All the early indications were that Barack Obama, the Democratic candidate, is set to sweep aside his Republican rival John McCain.
As unemployment mounts, the refrain from management and media pundits is that you are lucky to have a job and should, therefore, accept below-inflation wage increases.
Themes of poverty, change, urban decay and renewal loom large in the new film by Liverpudlian director Terence Davies. Of Time And The City is a very personal view of Liverpool after the Second World War up until the early 1970s when Davies moved away.
The Unite union is balloting 100,000 health workers on a derisory three-year pay award. If a yes vote is recorded, we could see the first national action over NHS pay for many years.
