On Saturday 19th January Manchester SolFed organised our fourth picket in support of six Brighton tenants. We picketed the Skipton Building society branch on Market Street in the centre of Manchester. Brighton SolFed’s public campaign against Fox & Sons has now been extended to their parent company, Skipton Building Society. With Fox & Sons still refusing to compensate the six tenants whose tenancy they cancelled five days after it was supposed to start, leaving them with nowhere to live, Brighton SF contacted David Cutter, the chief executive of Skipton, and Gary Morton of their lettings branch Connells, to demand that they resolve the issue. Both Mr Cutter and Mr Morton refused to do so, meaning that Brighton SF on  Saturday 19th January extended the campaign to pickets of Skipton branches across the country. 

Brighton SolFed’s public campaign against Fox & Sons has now been extended to their parent company, Skipton Building Society. With Fox & Sons still refusing to compensate the six tenants whose tenancy they cancelled five days after it was supposed to start, leaving them with nowhere to live, we contacted David Cutter, the chief executive of Skipton, and Gary Morton of their lettings branch Connells, to demand that they resolve the issue. Both Mr Cutter and Mr Morton refused to do so, meaning that we are today (Saturday 19th January) extending our campaign to pickets of Skipton branches across the country. This follows an initial picket of Skipton by Manchester SolFed last Saturday 12th January.

After the collapse of Carillion, anyone with a modicum of common sense could see that the policy of outsourcing is, shall we say, just slightly problematic. But not the free market crazies currently running the country. It has now emerged that the lifetime value of outsourcing contracts awarded in 2017-18 rocketed by 53%, from £62bn to £95bn, with nearly £2bn in contracts being awarded to Capita and Interservice, despite both recently issuing profit warnings.

On Saturday 12th Jan Manchester SolFed picketed Skipton Building Society in support of 6 Brighton tenants. The tenants have been organising with Brighton SolFed after being treated appallingly by the Brighton letting agency, Fox and Sons. The company,  Fox and Sons, is owned by the Connells group,  one of the largest estate agency and property services providers in the UK, which last year made £104.2m in profits. In turn, the Connells group is owned by the ever so friendly - we do not have shareholders - Skipton Building Society. Saturday's picket was part of an escalation of the dispute with pickets taking place in Bristol, Manchester and Brighton in support of the 6 tenants
For more information on the dispute see our previous post or go to http://www.brightonsolfed.org.uk/

Britain’s household debt mountain has reached a new peak, with UK homes now owing an average of £15,385 to credit card firms, banks and other lenders, according to the TUC.

The study found that household debt rose sharply in 2018 as years of austerity and wage stagnation forced households to increase their borrowing.

The TUC said in its annual report on the nation’s finances that the amounts owed by British households rose to a combined £428bn in the third quarter of 2018. Each household owed £886 more than it did 12 months previously, it said. The figures do not include outstanding mortgage debts but do include student loans.

The level of unsecured debt as a share of household income is now 30.4%, the highest level it has ever been at. It is well above the £286bn peak in 2008 before the financial crisis, the TUC said. That figure also included student loans, but tuition fees then were £3,000 a year compared with up to £9,250 now.

Following on from our recent post on the World Bank and climate change comes more bad news from the Bank. In the World Bank’s flagship 2019 World Development Report, entitled the Changing Nature of Work, the  Bank argues for wide-ranging deregulation of labour; deemed necessary to prepare countries for the changing nature of work. The report sets out a nice cosy capitalist future under which firms will be relieved of the burden of contributing to social security, have the flexibility to pay wages as low as they think fit and have the power to fire people at will.

Calculations by the High Pay Centre thinktank and the professional HR body the Chartered Institute of Personnel and Development (CIPD) show top executives are earning 133 times more than the average worker, at a rate of around £1,020 per hour or £3.9m annually. That’s up 11% compared to a year earlier.

It means CEOs working average 12-hour days would only have to clock in for 29 hours in 2019 to earn the median £29,574 of British staff.

Predictably union leaders have rushed to condemn the news.  The GMB’s general secretary, Tim Roache, said: “It’s sickening. Three days into the year and fat cat bosses have already made what average workers will earn all year.” Frances O’Grady, the general secretary of the Trades Union Congress, also slammed “greedy executives” she said were “taking more than they’ve earned…..Too much wealth is being hoarded at the top,” she said, adding that reforms were needed to bring executive pay “back down to earth”.

Our public dispute with Fox & Sons has continued into the new year, with the agency still failing to adequately compensate six former tenants who they left homeless five days after their tenancy was supposed to start. This failure has been made starker through the revelation that Fox & Sons demanded £720 compensation from the property company, Jears Properties Limited, that own the house the tenants were to move in to.

Last Tuesday, December the 18th, Liverpool-SolFed joined the protest called for by Liverpool Migrant Solidarity Network.

On International Migrants Day, we joined our voices for the closing down of Detention Centers and an end to deportations. Probably the most extreme aspect of the “hostile environment” that the UK is using to demonize and target vulnerable people.

Last weekend, Manchester and Liverpool Solidarity Federation organised pickets in support of  6 Brighton student tenants. The tenants have been organising with Brighton SolFed after being treated appallingly by the Brighton letting agency, Fox and Sons. Treatment which led to the 6 students being made temporarily homeless. 

Manchester SF picketed Gascoigne Halmon estate agents, while Liverpool picket Jones & Chapman, both are sister companies of Fox and sons. All three companies are owned by  Connells group,  one of the largest estate agency and property services providers in the UK, which last year made £104.2m in profits. In turn, the Connells group is owned by the ever so friendly - we do not have shareholders - Skipton Building Society.