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/

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.

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 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.

The World Bank announced this week that it is to make about $200bn available to fund action on climate change. In making the announcement,  Jim Yong Kim, the president of the World Bank, stated: “This is about putting countries and communities in charge of building a safer, more climate-resilient future.” The announcement has been greeted with universal approval with many arguing that the Bank is taking a strong lead and sending a strong signal to private sector financiers.

Liverpool Solidarity Federation concluded its dispute with Secure Lettings. The dispute ended positively with the three tenants involved receiving the whole deposit back and a compensation due to the damp and mold issues during the tenancy.