The Starmer project is going up in smoke – but if the left cannot swiftly build a viable alternative, the country faces the grim reality of a hard-right takeover, says ANDREW MURRAY
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Why are the big banks so keen on British single market membership?
Financiers are worried about their continued ability to control EU markets they do not have ordinary peoples best interests at heart, writes JOHN FOSTER
POA general secretary STEVE GILLAN argues that while Labour’s 2025 Act was a step forward, a second wave of legislation is vital to restore the fundamental right to strike and end the exploitation of prison officers
Mehmet Turkmen, president of Birtek-Sen, has been cleared of criminal charges after speaking out against the high rate of workplace injuries and deaths in Gaziantep’s textile and carpet industry. OZLEM TEMENA reports
Scottish Labour's leaders cannot keep blaming Westminster for the collapse at the ballot box, says VINCE MILLS
Over 30 years since apartheid was abolished, nasty anti-migrant rhetoric sweeps the corporate media. The Commnunist Party is ready to fight back, says ROGER McKENZIE
FRED BAYER says the cuts to the congress cycle could be disastrous for the Scottish trade union movement
LAST week Goldman Sachs chief executive Lloyd Blankfein tweeted that it may be necessary for Britain to hold a second referendum on the EU. Too many CEOs, he claimed, “are not happy” with the result.
What is Goldman Sachs? It is the United States’ biggest investment bank. It is also the EU’s.
Last year Goldman Sachs handled 33 per cent of all EU mergers and acquisitions. Together with JP Morgan and Morgan Stanley, these three US banks handled 80 per cent of all company mergers and acquisitions in the EU. They also dominate most other financial services. They do so from London.
These banks are now worried about their continued ability to control EU markets from their still partly deregulated base in the City. They want to continue in London. But they want Britain to remain within the EU single market. Hence the pressure being placed on all political parties to modify their position in favour of single market membership.
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