Using your money to fight climate change
On Friday 20 September 2019, history was made as millions of people around the world took part in Global Climate Strikes in order to make their voices heard, demanding action…
On QE, overproduction and the economics of a negative carry universe.
In the run up to last week's announcement of more QE from the Bank of England there have been a couple of interesting posts on FT alphaville talking about "negative…
RBS AGM: the Report shareholders won’t see
As private shareholders gather for the RBS Annual General Meeting in Gogarburn this afternoon, there will be an elephant in the room. The majority shareholder, the UK Government, whose portion…
Move Your Money month launches today!
Marloes Nicholls, Move Your Money UK Chances are you’re not happy with your bank. In a recent poll half of all adults were 'dissatisfied' or 'extremely dissatisfied' with their bank,…
Dick of the Year – credit rating agencies
These 3 companies are the guardians of the masters of the universe. Moody's, Fitch, and Standard and Poor are tasked by the world of finance with assessing the risk of…
Occupy Toronto
By Juliette Daigre & Tom Malleson Occupy Toronto began on Saturday 15 October, with a 2,000 person march (a pretty impressive size for Canada) through the financial district before setting…
Murdoch, New Labour, Credit Crunch, Expenses: collapses of concentrated power
Four years, and four great institutions of British capitalist hegemony have been shaken by crisis. In 2008, the banks collapsed. In 2009, it was expenses and 'trust in MPs'. In…
The Dependency Paradox
Personal responsibility is a recurring theme in Conservative rhetoric, although they tend to use the more down-to-earth expression of “doing the right thing”. David Cameron and Iain Duncan Smith in…
UK Uncut – the support is growing, and diversifying
All across the country today, UK Uncutters took to the high street. This time, our target was banks. This time, we were shouting about the health service. This time, our…
The bitter irony of using the financial crisis to scrap the NHS
This post first appeared on the UK Uncut blog Around 50% of American bankruptcies are triggered by medical bills. When we talk of 'sub-prime mortgages', we are talking about real…