Joe Higgins MEP call for Halifax to be taken into Public Ownership

Responding to the news of Bank of Scotland (Ireland)’s decision to close its Halifax outlets with the resulting loss of 750 jobs Socialist Party MEP Joe Higgins commented.

“There are further indications today that this announcement will be followed by an even greater slashing of jobs by AIB and Bank of Ireland as low and middle income bank workers in the main are being made to pay for the mistakes of Senior Management.

“Bank of Scotland, who were among the beneficiaries of a UK government £17 billion bail out, say they are closing these branches because they cannot see themselves achieving a profit in ‘a realistic timeframe’ and that they have no strategy for the bank’s future.

“This admission taken together with the absence of any evidence that the banks will lend to working people and small businesses makes a fresh case for the banks to be taken into public ownership and run democratically with boards made up of the workers, the government and customers. This in the only means by which jobs can be protected and lending policy be controlled by anything other than the discredited existing bank boards of management.

“I will support every effort made by the Halifax workers and UNITE to defend their jobs which given the scale of compulsory redundancies the company want means strike action.”

Total
0
Shares
Previous Article

Iran - End the dictatorship

Next Article

East Belfast Councillor challenged to justify library closures

Related Posts

Water scandal – Don’t pay Water Charges

The sacking of four bosses of NI Water for overseeing corrupt links with private companies is further proof that privatisation is central to the water charges agenda.

NI Water Chairman, Chris Mellor and Directors John Ballard, Ruth Thompson and Declan Gormley were sacked after it became known that former NI Water bosses had been given jobs by companies which had been awarded major contracts. Don’t feel any sympathy for these bosses though - they received more than £500,000 between them in bonuses and fees in just three years!

NIPSA: Fighting strategy needed for members

The Northern Ireland Public Service Alliance holds its annual conference in June. It will be a controversial event as the conference must draw up a balance sheet of the year just passed and work out policy for the year ahead.

For 46,000 NIPSA members the last year has been extremely difficult. They have seen their living standards depressed by inflation, services salami sliced, a huge increase in pressure and stress in the workplace and increasing attacks on public services by right-wing Assembly politicians. The year ahead looks even worse as the Assembly politicians feel freer to press ahead with cuts now that they have the elections out of the way. 

Picket against gas price hike

1pm, Thurs 28th Apr, Queen’s House, Queen Street

The Socialist Party is to hold a picket of the Utility Regulator in Belfast tomorrow (28/04/11) at 1pm, over its approval of a 39% price increase by Phoenix Gas. The Socialist Party is calling for the Assembly Executive to use its powers to overturn this price rise.
 
Tommy Black, the Socialist Party’s East Belfast candidate, said:
"The huge price rise by Phoenix Gas - approved by the Regulator - is a slap in the face for ordinary people. Fuel poverty is already endemic here. The Utility Regulator is allowing a company which has made over £20 million pre-tax profit in the last 2 years to rob ordinary people."

Hughes Christensen: No more job losses in East Belfast

The political parties in the Assembly Executive were today accused of “gross negligence for their complete lack of action to save jobs at Hughes Christensen factory” in East Belfast.

 

Tommy Black, Socialist Party representative claimed “East Belfast cannot afford anymore job losses. Industry has been decimated over the years and the Assembly parties have done nothing to create decent jobs for ordinary people. The politicians in Stormont care more about wealthy property developers than workers.