UNISONActive is an unofficial blog produced by UNISON activists for UNISON activists. Bringing news, briefings and events from a progressive left perspective.

Monday 14 December 2009

At last we find out cleaners are better than bankers‏

Our government needs to pay serious attention to this report and stop threatening to close down our final salary schemes, make us redundant and cut our pay just to keep the bankers alive.

A report produced by the New Economics Foundation http://www.thisismoney.co.uk/news/article.html?in_article_id=495946&in_page_id=53946&ito=1565 found that Bankers destroy £7 for every £1 they create. Lowly-paid employees such as hospital cleaners and waste recycling workers are far more valuable according to the New Economics Foundation think tank.

It rated different jobs on how much they help or hinder society through the social, economic and environmental effects of the work. The researchers said the traditional view of bankers creating wealth which trickles down to others is no longer correct. Instead, the actions of high-earning investment bankers have had 'damaging social effects'.
Click here for the report http://www.neweconomics.org/sites/neweconomics.org/files/A_Bit_Rich.pdf