Unite: Tories sell Britain short as greedy city pigs fund party

Unite: Tories sell Britain short as greedy city pigs fund party

Unite: Tories sell Britain short as greedy city pigs fund party

Finance workers dressed in pig masks and bowler hats, holding the Tory coffer, will stage a demonstration at the Conservative Party conference this Wednesday (1st October) over revelations that the party is funded by the culprits of the credit crunch.

Starting tomorrow, the union will also launch an advertising campaign in national and regional newspapers, accusing David Cameron of being ‘cheesy and sleazy’ and that his ‘cronies are cashing in on the credit crunch’.

Angry finance workers from banks, insurance companies and building societies face deep insecurity in the wake of the credit crunch. But the Tories are funding their party and maybe even their election campaign on the misery of thousands of British families, who could lose their homes and jobs because of the spivs and speculators.

Unite joint general secretary, Derek Simpson, says:

“Thousands of staff at banks like HBOS and LTSB fear for their jobs, but the Tories seem more interested in taking money from the culprits of the credit crunch than helping the victims.

“George Osborne’s words cannot be trusted. He is a dangerous right winger who is inextricably linked to the city. The culture of the city is the culture of the Tories. They went to school with the city, they dine with the city and many of them married into the city. You can’t rely on them to regulate the city.

“The Tories have remained mainly silent when almost everybody else in the country – including Labour – are calling for city excesses to be reigned in. Now the country knows why. They are the same old Tories. They can not be allowed to win the next election.”

Media reports have revealed that hedge funds and investment firms and their founders have given £millions in donations to the Tory party. HBOS and B&B have been crippled by ‘short selling’ which the Labour government was forced to ban.

Unite is Britain’s biggest union with 180 000 members working in the financial services. The union has members at LTSB, HBOS and Northern Rock. As mergers and take-overs intensify, the staff working in the financial services must be protected. Most people working in the financial services survive on modest incomes. They are not the big city bankers who caused the credit crunch, they are the victims. The starting salary for many workers in the financial services is as little as £12,000 a year.

ENDS

Contact: Ciaran Naidoo on 07768 931 315 or Saba Mozakka on 07768 693 953