March on the City 2008

March on the City: On Friday 10 October 2008 several hundred anti-capitalist protesters, mainly students, took to the streets of the City of London to say “We Won’t Bail Out the Bankers’.

March on the City 2008

The financial crisis had started in 2007, but reached a climax with the bankruptcy of Lehman Brothers on September 15 2008 which precipitated an international banking crisis.

March on the City 2008

Wikipedia sets out the causes of the crisis in some detail, but essentially US banks had been allowed to make more risky loans by changes in US laws which loosened regulations and allowed banks to take part in high risk operations such as proprietary trading and investment banking.

March on the City 2008

In the US one result of this was the proliferation of mortgage loans to people on low incomes who could really not afford the repayments and eventually defaulted. The problems with ‘subprime mortgages‘ particularly given to many in minority communities in the USA came to a head as a boom in US house prices in the early 2000s was followed by a sharp drop in the value of properties which were the security for the loans.

March on the City 2008

As Wikipedia comments, “governments deployed massive bail-outs of financial institutions and other palliative monetary and fiscal policies to prevent a collapse of the global financial system.” This resulted in the widespread feeling that those who had created the crisis were being rewarded for their failures.

In the UK, the New Labour government under George Brown made a massive financial intervention, paying £137 billion to the banks in loans and new capital, some of which was later recouped, but leaving a cost of £33 billion. While some support was necessary to avoid a total breakdown of the financial system, many felt that the government should have taken a firmer line and that those responsible should have had to pay for their mistakes and not to seem to have kept their highly paid jobs.

Both Northern Rock – the first UK bank to fail in July 2007 and Bradford & Bingley were taken into public ownership, and RBS/Nat West into majority public ownership. But RBS still ended up costing us £35.5 billion – and the leading bankers still ended up getting huge salaries and big bonuses. The Royal Bank of Scotland seemed to be getting off scot free.

Part of the problems we still see in financial markets came from changes worldwide in the way that trading now takes place. In the UK Margaret Thatcher had brought in the ‘Big Bang’ which abolished traditional practices and introduced electronic trading, greatly increasing volatility.

On My London Diary I give a fairly full account of the actual protest which started at Bank where some protesters tried to storm into the Royal Exchange – long just a prestige shopping centre – and the Bank of England but were easily stopped by police.

There then followed a slow march around parts of the City, with police attempting to stop them at various points and the marchers pushing their way through police lines.

As my pictures show, there was some rather forceful policing at times and some of the press also suffered with the protesters. As I write, “I got a few bruises and my glasses were damaged when police rushed in as I was taking pictures in Lombard St.” But there was none of the confrontational use of trained riot squads that have led to extreme violence at some protests policed by the Met. Policing here was by the City of London Police – along with a guest appearance by one French cop.

Eventually there was a short rally with a few speeches on the corner of Bishopsgate and London Wall after which the demonstrators dispersed. Police seemed fairly relaxed at the end of the protest and I saw no arrests.

I don’t think the protest got much if any coverage in the mass media and most accounts I read on-line were confused, with many suggesting it went to the Stock Exchange. While that might have been a logical place to protest, the marchers actually went in the opposite direction.

March on the City.


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Ford/Visteon, Ethiopian Tyrant, Rioters United!

On Wednesday 31st March 2010 I reported on three unrelated protests in London.


Ford/Visteon Workers March For Pension Justice

Ford/Visteon, Ethiopian Tyrant, Rioters United!

In 2000 Ford when split of some of its parts factories to Visteon, a company described as ‘An Enterprise of Ford Motor Company’ and initially with the same shareholders, promising the workers their conditions and pensions would remain exactly the same as they had been with Ford. Ford’s assurances were repeated by Visteon.

Ford/Visteon, Ethiopian Tyrant, Rioters United!

But in 2009 Visteon closed down and workers in their factories in Belfast, Enfield, Swansea and Basildon were given just six minutes to leave the sites. In Belfast and Enfield workers refused and occupied the sites for a month, but were let down by their union, Unite who failed to give them support. The occupations eventually forced Visteon/Ford to pay the redundancy pay they were entitled to under their agreements, but pensions were not covered and they only received the lesser amounts covered by Pension Protection Fund compensation.

Ford/Visteon, Ethiopian Tyrant, Rioters United!

Since then their fight for the pensions they were promised has continued. I met around 500 former Visteon workers outside the Unite Offices in Theobalds Road, Holborn, where many wore hats and t-shirts with the Ford logo, but with the name replaced by the word ‘Fraud’, which succinctly expressed their view of the company’s action.

Ford/Visteon, Ethiopian Tyrant, Rioters United!

I marched with them to Downing Street where they had problems in delivering a letter and petition. As I commented then: “it does now seem unnecessarily complicated and difficult to get access to our elected government, hiding away behind their tall gates and high security. Its both an expression of and doubtless fuels their paranoia over terrorism far in excess of the real threat.

The marchers then went on to a rally in Parliament Square.

Their fight for a fair deal over their pensions went on for another four years, when eventually as the case was about to go to the High Court, Ford agreed to top up the Pension Protection Fund compensation so that they would receive the full value of benefits accrued when working for Ford. It didn’t cover the nine years they had worked for Visteon, but Unite recommended acceptance as it would settle the claim without the expense (and possible failure) of a court hearing.

Ford/Visteon March For Pension Justice


Ethiopians Protest Bloodthirsty Tyrant – Downing St

Ethiopians came from across the UK to for a day of demonstration opposite Downing St where Prime Minister Meles Zenawi was co-chairing the UN climate finance group. They demanded the UK stop appeasing the Ethiopian dictator, and calling for the release of opposition leader Birtukan Mideksa and other political prisoners in Ethiopia.

Zenawi who became chair of one of the leading military groups fighting in the Ethiopian Civil War was the leader of a coalition that took power in 1991, becoming President then and was Prime Minister from 1995 until is death in 2012. His control of the military made Ethiopia an effective one-party state.

Although the country formally has democratic organisation and elections, elections have been rigged and oppostion politicians jailed, notably the leader of the main opposition Unity for Democracy and Justice (UDJ) party, Mideksa (or Midekssa), a former judge. Many other politicians and journalists have also been jailed and in 2007 the Committee to Protect Journalists (CPJ) named the country as “the world’s worst backslider on press freedom over the previous five years.”

Human rights violations and corruption are rife in Ethiopia, and food aid, education and jobs all depend on membership of the ruling party. His opponents regard Zenawi as a bloodthirsty tyrant and call for him to be brought to trial at the ICC at The Hague on charges of genocide. Human Rights Watch (HRW) have accused it of war crimes in the Somali regions of Ethiopia and against the Anauk communities in Gambella in 2003-4. Human rights abuses have continued in Ethiopia since Zenawi’s death.

Ethiopia is one of the larger countries in Africa and has received large amounts of development aid and humanitarian support from the USA and the UK.

Ethiopians Protest Bloodthirsty Tyrant


Rioters United! 20 Years Since the Poll Tax Riots – Trafalgar Square,

The largest protest against Margaret Thatcher’s Poll Tax was in central London on Saturday 31 March 1990, shortly before the tax was due to come into force. Unfortunately I had missed that event, probably deciding it was best to keep out of trouble. Back in 1990 I was photographing relatively few protests, mainly concentrating on urban landscapes and culture.

Around 30 people turned up for a rally to commemorate the occasion when “the London mob who brought Thatcher down … as well as to promise that the mob were still in business and to pronounce sentence on politicians.”

The ‘Carnival of Death‘ they were promising was not of course a literal death threat, but street theatre in which the effigies of George Brown, David Cameron, Nick Clegg and Nick Griffin were to be executed at a May Day Party. As Chris Knight reminded the gathering, “the only good politician, the only honest politician is a dead politician.”

Our police often fail to understand the difference between rhetoric and reality, and protests involving anarchist groups such as Class War are often ridiculously over-policed, sometimes with disastrous consequences, but almost always provoking more violence than they prevent. On April 1st 2009 for the G20 – Financial Fools Day they had turned up with squads of riot police psyched up to batter largely innocent and joyful protesters – and one of the police killed a newspaper seller simply walking home through the area.

So in my account of this event in Trafalgar Square I was at pains to tell them that the ‘Carnival Of Death’ was “called a carnival; if you want to take part, come ready to dance.”

Shortly after people began the commemoration, a PCSO came to tell those taking part they were not allowed to hold protests or other events in Trafalgar Square without permission. When he was laughed at, he brought over a Heritage Warden who told us the Square was the property of the GLA (Greater London Authority), and that permission was needed for events.

Fine” said those present. “The GLA is a public body; we own it, this is a public place and we give ourselves permission and intend to continue.” As I pointed out in my account, Trafalgar Square is not just a public place, but one that since its building in the 1830s has been a traditional place for demonstrating radical dissent. It was a tradition that those present were determined to continue.

Fortunately the dozen or so police who arrived shortly after the PCSO had phoned to call for reinforcement simply stood and watched and had enough sense not to try and stop the commemoration, which ended after around 30 minutes when the organisers decided it was time to go down the pub.

At the end of the event, copies of an anti-Election manifesto and a suitably defaced poster showing the leaders of the Labour, Conservative, Liberal Democrat and BNP leaders were distributed by the Whitechapel Anarchist Group. They advised us to “Use your cross wisely”, under a picture of the four leaders in the cross-hairs of a gun sight, and attached to the bottom was a ‘Free Gift’ – a safety match, with the message ” Burn Your Ballot”.

As they wrote: “It’s time to end the unjust, corrupt system of terror and build a fair, equal society that will benefit the majority. We all know voting doesn’t change anything and our collective apathy allows this folly to continue. It’s time for REAL change. It’s time for revolution.”

Rioters United! celebrate Poll Tax Riots