PEOPLE BEFORE PROFIT – TIME FOR THE FIGHTBACK

By John Sillett

The recent collapse into administration of shop group Arcadia and Debenhams’ department stores was shocking, but not unexpected. Both companies have had their assets looted by their owners; Arcadia’s owner Philip Green has become widely seen as the unacceptable face of capitalism. Whilst the vultures pick over the bones of Topshop and its relations, there has been an avalanche of redundancies in many sectors, from construction to engineering. The pandemic has hastened the collapse or rationalisation of companies depending on footfall, like retail, hospitality and tourism.

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TO DIVEST FROM FOSSIL FUELS, UEA MUST DIVEST FROM BARCLAYS

By Henry Webb

Higher Education institutions have the power to decide whether the fossil fuel industry lives or dies. The dominant players in the energy sector may seem unstoppable. After all, as long as the oil keeps flowing, they’ll find someone to buy it. Their lobbyists will make sure of that. But these behemoths require resources beyond those of just the raw coal, oil, and gas that we are so dependent on – they need capital. Without investment banks to finance everything from pipelines to offshore rigs, the costly infrastructure needed for fossil fuel extraction just wouldn’t exist.

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