Harringay online

Harringay, Haringey - So Good they Spelt it Twice!

Students at Hornsey School for Girls staged a sit down protest against the education cuts in their playground this morning. The school gates were then locked and no-one was being allowed to leave. The police were also called.

Several students who left earlier were approached by the police at Turnpike Lane station who were asking which school they attended and where they were going and why.

(thanks to Andy for this info)

Tags for Forum Posts: education_cuts, hornsey_school_for_girls, public spending cuts

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The Royals aren't responsible..

But if I were a banker in France, Ireland, the U.K. and in even Germany. I'd be slowly becoming quite concerned about the amount of discontent amongst the general public about paying the bills for the speculation and would be making contingency plans..

I would also go as far as saying that we might even see, within the next couple of years, a 'storming of the stock exchange' and the stringing up of employees of certain financial institutions..

If there is one route to social mobility it is the mostly impartial employment policies of London's trading banks. It is far easier for a smart young person from a working class background to become a millionaire (and pay their taxes!) working as a trader in an investment bank than having to become the next Alan Sugar.

 

PS All your flash young German bankers are working in London.

PS All your flash young German bankers are working in London.

 

so what?

 

Presumably, they prefer being amongst their own..

I assume you're being satirical - the consensus seems to be that the banks operate as casinos and trading does us all lasting damage - particularly in investment banks.

Unwise therefore, to promote these boiler rooms and not a career I'd wish on any honourable young person.

I'm not. Tell me about more more plausible avenues for young people from poor families who are good at maths to earn a million pounds a year and pay half of it to the government. Don't get all wet on me and cry about their 'working environment', it's a lot bloody better than a coal mine.

We're on such different planets that I doubt there's any point in this, but I hope there is...

How many 'young people from poor families who are good at maths' 'earn a million pounds a year' in the city as investment bank traders at present do you think John?

Do you want their names? Over the past 15 years? Many of them earnt enough to leave (and some were crap and got fired).

"it's a lot bloody better than a coal mine."

 

Is there any left? that cow closed them down twenty six years ago and since been replaced with call centres.

 

Robin Hood Tax, a solution?

Yes Birdy the Robin Hood tax is a solution but as I've ready pointed out, a company making squillions and distributing it to those in the company who can lay a claim to the profits (think IBM salesmen in the 80s) who in turn pay 50% PAYE (no way of avoiding PAYE) already pay tax and they're not 'rich' to start with like the Duke of Westminster. Let's imagine for a moment that we don't pay them a percentage on their demonstrable profits for the firm. Who gets that money then? How much tax would they pay?

Commodities trading in London impacts miles away an African farmer who can't sell their commodity at a profit because of trades flipping through financial centre computers within seconds don't reflect the real world of supply & demand. They only run on a desire for instant profit.

 

Of course the African farmer is also negatively affected by US & European agricultural support subsidies.

 

The City is obviously important but only as long as it is doing something useful. Right now many small businesses can't get loans and once again first time house buyers are left out in the cold. Trade deficits are huge and banks still have massive debts on their books.

 

Pushing soft loans over the last decade got us in this mess. City boys chasing huge bonuses got us in this mess. Trouble is the pendulum always swings too wildly.

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