Wednesday, October 12, 2011

Occupy Wall Street Protests Come to London

THE GUARDIAN: The Occupy London Stock Exchange collective said a Facebook page on the protest had attracted more than 9,000 followers

Protests against the global financial system which have seen huge demonstrations in New York's Wall Street will spread to the City ofLondon this weekend.

A number of campaign organisations, including direct action group UK Uncut, say they will support an occupation of the heart of the capital's financial centre on Saturday as part of a "global movement for real democracy" to highlight social and economic injustice.

The Occupy London Stock Exchange collective said a Facebook page on the protest had attracted more than 9,000 followers, with more than 3,500 confirmed attendees.

Laura Taylor, a supporter of the so-called OccupyLSX, said: "Why are we paying for a crisis the banks caused? More than a million people have lost their jobs and tens of thousands of homes have been repossessed, while small businesses are struggling to survive.

"Yet bankers continue to make billions in profit and pay themselves enormous bonuses, even after we bailed them out with £850bn." » | Press Association | Wednesday, October 12, 2011