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On 27 April Barclays Bank bosses will face protests from shareholders at their annual general meeting. They will question the bank’s decision to pay a £5.7 million extra to boss Bob Diamond last year in the guise of a “tax equalisation payment”, and the total £17.7 million paid out to him.
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Document for 21 April joint meeting of AWL industrial and trade-union fractions, amended in the light of 21 April discussion. Click here to download as pdf.
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François Hollande, candidate of the Socialist Party in the French presidential election coming up on 22 April and 6 May, has called for 75% tax on incomes above a million euros.
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Quietly, without any of the stomping that accompanied Greece's “bail-out”, the European Central Bank has lent European banks more than a trillion euros at ultra-low interest rates, in two tranches, one in December and one in February.
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Bonus payouts in banking and finance totalled £14 billion in 2011. If such amounts were redirected to social spending, they would be way more than enough to reverse all the Government’s social cuts.
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Bonus payouts in banking and finance totalled £14 billion in 2011.
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Since the start of the Thatcher government, in 1979, the rich have been getting spectacularly richer in Britain (as in many other countries), and the gap between rich and poor has been increasing.
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The Lucas Arms, 245a Grays Inn Road, WC1X (Kings Cross)
A Workers' Liberty discussion forum. All welcome. Speakers to include London RMT activist Glenroy Watson, Workers' Liberty member Sean Matgamna and a community activist from Haringey. Plenty of time for discussion from the floor.
As riots continue across London and the UK, what should trade unionists, community campaigners and socialists say about the riots? How can we organise to tackle the root causes of the riots - poverty, police harassment, cuts and joblessness - and fight against the right-wing, racist authoritarian backlash that Cameron's government and police are preparing?
Everyone is welcome to come and have their say at this Workers' Liberty discussion meeting.
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The Lucas Arms, 245a Grays Inn Road, London WC1X 8QZ
A Workers' Liberty London forum
Why has inequality grown so dramatically in the last three decades, including under New Labour? What impact is the economic crisis having, and what impact will the new government's cuts have? How can the workers' movement fight inequality, what degree of equality should we demand and is it possible under capitalism?
Speakers:
Dr Richard Wilkinson, co-author of The Spirit Level: Why Equality is Better for Everyone
www.equalitytrust.org.uk/resource/the-spirit-level
Jill Mountford, Workers' Liberty
Some short reading:
"New Labour, inequality and class"
www.workersliberty.org/story/2010/02/05/new-labour-inequality-and-class
Facebook event here.
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Assemble at Millbank, London SW1; march to rally in Trafalgar Square
