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Wednesday, October 29, 2014

Capitalism In Action

Such is the nature of capitalism in the UK today that the 5.2 million workers in low-paid jobs may be envied by this group of bank workers. 'Lloyds Banking Group has confirmed 9,000 job losses and the net closure of 150 branches over the next three years. The latest job losses - representing about 10% of its workforce - come on top of 43,000 cuts made since 2008.' (BBC News, 28 October) Don't talk to these workers about economic recovery!   RD

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