Lead story
by Daphne Liddle
WE ALWAYS knew that the front line of the class struggle is inside the labour movement and in particular inside the Labour Party. And we have known well that the ruling class has infiltrated its agents and hangers-on into the party with the mission of getting themselves selected and then elected to be MPs, councillors and other petty officials.
It has been a mission well-suited to middle class careerists and opportunists who look upon the political arena only as a ladder for their personal advancement and enrichment.
But the extent of their infiltration was shown up last week when their ruling class mentors suddenly realised that there is a real possibility of a Corbyn-led Labour government in this country and outside the control of the European Union (EU).
When this happens he will be in a position to reverse some of the worst attacks that the working class in Britain have sustained since 1979.
So the hidden hands behind the attempted ruling class take-over of the Labour Party are desperate and have instructed their agents to blow their cover in a desperate attempt to remove Jeremy Corbyn from the party leadership — even if that means wrecking the party completely.
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Falling pound may save Tata Steel
THE SUDDEN fall in the value of the pound sterling following the Brexit vote has caused Tata Steel to reconsider its decision in March to announce the closure of its plant at Port Talbot in South Wales.
Another factor in Tata’s decision to reconsider is a move from the Government to guarantee the company’s pension fund.
The latest figures show the deficit has grown to £700 million, up from £485 million last year, and its liabilities are almost £15 billion. Under the Government’s plan, drawn up with trustees and trade unions, the scheme would be spun off into a new “shell”.
Tata Steel is now close to a deal to save the Port Talbot plant because the fall in sterling has improved the industry’s survival prospects.
MPs and trade unions had feared the steel industry could face a new crisis after the referendum result, with bidders for Tata Steel UK ready to pull out of the process, according to reports.
But sources familiar with Tata Steel’s thinking say that the company is still working on a deal with the Government to keep its British business and that the slump in sterling’s value could help the industry.
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Falling pound may save Tata Steel