5pm Friday 3 February – Occupy London’s General Assembly on tour
This week’s news has been dominated by reports of RBS heads losing honours and turning down bonuses. The public outcry at having a bank that is 82% owned by taxpayers award millions of pounds worth of share bonuses in a climate of financial austerity and falling RBS share prices, was a major force behind these decisions.
But is waving bonuses an effective way of dealing with pay excess in the financial sector? Does it address the systemic failures in the structure and regulation of banks? Occupy London invites you to decide.
Meet us at 5pm this Friday at St Paul’s Churchyard from where we will walk to a secret location to hold a public assembly.
Prominent critics of the current financial system, including Occupy London’s Economics working group, will give brief speeches on tax justice and socioeconomic reform, after which we will discuss alternative means of addressing income inequality.
It’s going to be cold, so wrap up in warm clothes and bring along a thermos or mug. Hot tea will be served.