Lead story

Economy stuck in the doldrums

by Daphne Liddle

PRIME Minister David Cameron welcomed the news that Britain’s gross domestic product (GDP) for the last three months is marginally up on the previous quarter — to 0.5 per cent from 0.1 per cent.

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Europe’s money markets take a dive

by our European Affairs correspondent

EUROPEAN money markets dived on Wednesday following the Greek decision to hold a referendum on the latest Eurozone rescue plan. The capitalists clearly fear that the new package, that includes even more attacks on the living standards of Greek workers, will be thrown out and that Greece will then default and leave the Eurozone and the EU altogether.

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A schism in the Church of England

THE CHURCH of England is part of the British state machinery — its bishops have an automatic place in the House of Lords and it is headed by the monarch. It is a vital part of the coalition of bourgeois business interests and aristocratic landowners that has ruled this country since 1688. The church owns land and businesses and collects rents and dividends and it plays a role for the ruling class in mind control of the masses.

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