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Northern Rock


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1 March 2008

Summer of discontent?

Many comparisons can be made between the Brown government and the Callaghan government of 1976-79...

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19 February 2008

Northern Rock - Labour's reluctant nationalisation

The Socialist Editorial The nationalisation of Northern Rock was met with howls of outrage from some of its shareholders, who screamed about 'theft' and 'immorality'. This was a major blow against the concept of an unfettered market-driven economy...

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13 February 2008

100 people pack London world economy meeting

IN RESPONSE to the current global shocks to the world economy, more than 100 people packed the all-London Socialist Party public meeting on 7 February... By Manny Thain

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12 February 2008

Northern Rock

IF BRANSON'S Virgin group succeed in taking over Northern Rock, possibly 1,000 jobs, out of a 6,000 workforce nationally, could be lost...

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23 January 2008

Why should we pay for capitalist crisis?

Stock markets crash

Stock markets crash

Looming recession... THE BOSSES and their capitalist system - based on greed and profits for the few - have fouled up Britain and the world big time...

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17 January 2008

Nationalise Northern Rock - permanently

THE LABOUR government is still desperate to find a private-sector buyer for Northern Rock, despite having shored up the bank to the tune of 50 billion (over half the NHS budget)...

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29 November 2007

Northern Rock scandal: Nationalise the banks!

NORTHERN ROCK, the UK's fifth biggest mortgage lender, went into financial meltdown when it was forced to call on emergency funding from the Bank of England in September... By Elaine Brunskill, Newcastle Socialist Party

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22 November 2007

Nationalise Northern Rock permanently to safeguard workers' interests

Editorial: WHEN THE Northern Rock bank went into crisis in September, the socialist unequivocally called for its nationalisation...

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4 October 2007

Banking turmoil continues

The governments's effective nationalisation of the deposits in the stricken Northern Rock bank and guarantee of deposits up to 35,000 in all banks, have not ended the financial turmoil... By Judy Beishon

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27 September 2007

British banking crisis: Toxic system exposed

THE NEAR collapse of Northern Rock bank, accompanied by the most astonishing scenes of panic for generations outside its branches, has serious political implications for Britain and the government of Gordon Brown...

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20 September 2007

Nationalise the banks

Make the bankers pay: As panic spread that the building society Northern Rock was about to collapse, thousands of people queued overnight outside its branches to withdraw their hard-earned savings... By Hannah Sell, Socialist Party deputy General Secretary

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20 September 2007

Economy hits a rock

FOR TEN years Gordon Brown has claimed that New Labour have created economic stability, overcoming capitalism's "cycle of boom and bust"...

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20 September 2007

Crisis will hit north east jobs

NORTHERN ROCK'S headquarters are in Gosforth, near Newcastle, and they employ around 4,700 people in North-Eastern England... By Elaine Brunskill

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Thurrock council workers striking against pay cuts, photo by Dave Murray

Thurrock council workers striking against pay cuts, photo Dave Murray

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