Protests against the global financial system which have seen huge demonstrations in New York’s Wall Street will spread to the City of London today.
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 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 13,000 followers, with more than 5,000 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 £850 billion.”
UK Uncut supporter Peter Hodgson said: “The success of the square occupations across Spain in calling for democracy and an end to austerity, alongside the rapid growth of the Wall Street occupation, has shown that this is what is needed in London and the UK. ”
OccupyLSX said: “In London, we will occupy the Stock Exchange, reclaiming space in the face of the financial system and using it to voice ideas for how we can work towards a better future.”
Clashes in New York: Page 15.