Extract from SheldonBrowns web pages:
'Bicycles built to French or Italian standards have a normal right-hand threading for the fixed cup. The normal action of pedaling will tend to loosen a right-hand threaded fixed cup, so they have to be screwed in very, very tightly to keep them from unscrewing themselves. The fact that they are screwed in so tightly also means that it will require a lot of force to unscrew them.
Bicycles built with British or Swiss threading use a left-hand thread for the fixed cup. Since the pedaling action will tend to tighten a left threaded fixed cup, these are also likely to require a lot of force to remove.
Most American and Japanese frames of good quality use the British threading'
As its a Raleigh I'm guessing its a left hand thread, but not sure.