The latest research carried out by WDM reveals how the UK government is not just in bed with the UK finance sector, but actually made the first move. We have exposed how government ministers have encouraged the City to lobby against key financial reform legislation, including efforts to properly regulate food speculation, and have worked with financial lobbyists to coordinate their efforts. This relationship is indeed a dangerous association that is putting the profit of a few above the needs of millions of people worldwide. Instead of being on the right side of history, the British government has proved its collusion with big business and disregard for human rights and dignity. Its attempts to weaken this legislation are another example of how the British authorities prefer to cosy-up to the financial sector rather than support the growing number of people that are campaigning to stop its worst excesses. - See more at: wdm.org.uk/blog/food-speculation-uk-government-bed-culprits#sthash.c75svIoT.dpuf >>>It is worth mention that the City of London has around a 1.3 billion pounds lobbying war chest as well as a unelected permanent fixture in the House of Commons & Lords
Posted on: Sun, 08 Jun 2014 22:31:14 +0000