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poverty wages

Ever wondered why buying new often worked out cheaper than buying at charity shops ?Foreign workers making clothes for high street fashion chain Primark are existing on as little as 7p an hour . The report also claims workers making clothes for Asda and Tesco are paid similar amounts. The anti-poverty charity War on Want also said Primark was ignoring the rise in basic living costs in the Bangladeshi capital Dhaka, leaving workers worse off than they were two years ago. Workers claimed they needed the equivalent of £44.82 a month to feed their families and pay for clean water, shelter, clothes, education , health care and transport. War on Want said the average worker earned £19.16 a month, with the majority living in small, crowded shacks, many lacking plumbing and adequate washing facilities.War on Want campaigns and policy director Ruth Tanner said: "Primark, Asda and Tesco promise a living wage for their garment makers. But workers are actually worse off than when we exposed …

We are not slaves

There are those who decry migrant workers because of the fact that capitalists use imported labour to lower wages and it canot be denied that inded some employers do use that tactic . But Socialist Courier has always said that the way to fight this is not by imposing immigration bans on workers from abroad but by engaging in class struggle here in the work places to stop this exploitation of foreign workers .

Gleaned from the Polish mainstream press and reported at the Anarkismo website is this story .

Radoslaw Sawicki came to Ireland seven months ago. Grafton recruitment agency offered him work carrying boxes of goods in Tesco's largest warehouse in Dublin. The wage: 9.52 euros per hour, or about 360 euros a week. Sawicki quickly realised that Irish people working in the same job, but employed by Tesco and not by the agency as the foreigners were, earn at least 200 euros a week more. Poles also did not receive bonuses or additions although their work quotas were continually rai…

Tesco move to the Cayman Islands

Tesco has created an elaborate corporate structure involving offshore tax havens which enables it to avoid paying what could be up to £1bn of tax on profits from the sale of its UK properties. The complex new structures uncovered by a six-month Guardian investigation include a string of Cayman Island companies. These are being used by the supermarket giant as it proceeds with its announced programme to sell and lease back £6bn worth of its UK stores.
The stores are being sold to external investors providing Tesco with a big one-off gain which, ordinarily, would be liable to tax, while allowing it to remain in the stores and pay rent to the new owners. The first two deals, worth £445m and £650m, have already used the companies set up in the Cayman Islands - where the rate of corporation tax is zero - allowing Tesco to avoid tax on about £500m profit. Large corporations are increasingly developing strategies to cut tax bills and Tesco is not alone in its tax planning.
The Guardian's a…

Tesco - greedy , miserly and indifferent

Tesco at its AGM today had Ben Birnberg, company secretary for the anti-poverty charity War on Want, put forward a resolution calling for Tesco's supplier factories to undergo independent auditing to ensure decent pay and conditions for developing world workers.

Birnberg, however, said Tesco's opposition to the resolution reflected badly on the top retailer.'There's nothing that lowers a company in the estimation of right thinking people than a public display of executive greed in the affluent world going hand-in-hand with a public display of corporate miserliness and indifference to those at the bottom in an impoverished world, who contribute so magnificently to corporate wealth,'

Garment workers in Bangladesh, the majority of them women, were being paid just 5 pence an hour and regularly worked 80 hours a week to make cheap clothes for Britain's largest retailer, Birnberg said. His resolution called on Tesco to take appropriate measures, independently audited, …

Rich Pickings

Socialist Courier once more exposes the exhorbitant awards that members of the capitalist class award themselves .

Cable and Wireless announced a bonus scheme for its part-time chairman Richard Lapthorne that it is worth nearly £11 million . The telecoms company plans to offer Mr Lapthorne a three-year, performance-related incentive scheme that could result in him receiving 5.5 million C and W shares in 2010. At today's market price, the shares would be worth about £10.9 million to Mr Lapthorne, who typically puts in two to three days work a week at the company.

It comes just 12 months after the company launched a long-term incentive plan worth up to £220 million to 60 senior managers.Last year's plan is potentially worth about £18 million each to John Pluthero and Harris Jones, the group managing directors who respectively control C and W's UK and international businesses.

The Communication Workers Union stated:- "Is there no limit to Mr Lapthorne's cheek and to sh…

Tesco drivers' strike

Tesco drivers' strike continuesUp to 150 Tesco lorry drivers have begun a strike after refusing to sign up to new working terms and conditions.The dispute came after the supermarket chain revealed plans to move its depot in Livingston, West Lothian, to a new site nearby. Local MP Jim Devine has called for a one-day boycott of Tesco for threatening to sack drivers who refuse to sign the new contract. A Tesco spokesman said the chain "strongly refuted" Mr Devine's claims. The drivers, all members of the Transport and General Workers Union (T&G), are taking part in a strike which is due to last from Thursday until Saturday. Tesco vehicles were having to turn around at the warehouse as workers formed a picket line, according to union members. The T&G claims the new contracts, brought in with the move to the new site, mean losses to the drivers of between £3,000 and £6,000 and the de-recognition of the union.
Tesco strongly refuted claims that the drivers would lo…

Tesco check-out

Going shopping ?? Getting the groceries ??

The UK's biggest supermarket chain, Tesco, will smash its own national record this week when it unveils annual profits totalling more than £2.5bn, or close to £5,000 profit every minute.

Tesco business sales up from £39.4bn a year ago to an expected £42.7bn - more than the GDP of Peru.

Tesco boss Sir Terry Leahy has been named the most influential unelected person in the UK by a Guardian Unlimited panel .
One of the panel, Isobel Larkin of the TUC , said, "His future influence and actions on the effects of climate change, globalisation of the UK workforce, ethical trading and suppliers who employ vulnerable workers will be critical in determining whether his nomination is as a force for good or ill."

A reminder that it is Capitalism and the capitalists need to accumulate and accumulate that is the driving force in to-day's society and the striving for profits that determine the nature and future of the world ... unless , of co…