AVANA CLOSURE: 'Vulture capitalism' to blame - says Newport MP Paul Flynn

AVANA CLOSURE: 'Vulture capitalism' to blame - Newport MP

AVANA CLOSURE: 'Vulture capitalism' to blame - Newport MP

First published in News
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NEWPORT West MP Paul Flynn yesterday challenged the Prime Minister on what protection the government could give to the hundreds of Avana Bakeries employees now jobless as a result of “vulture capitalism”.

On Monday it was announced the bakery site at Rogerstone would close following a 45-day consultation after it lost a multi-million-pound contract with Marks & Spencer.

Speaking at Prime Minister’s Questions, Mr Flynn said: “2,400 jobs have been destroyed in Leicester, Corby and, last Friday, 650 in Newport, by a firm that specialises in cynically buying up firms, degrading the pay and conditions of staff and then abandoning them.

“What protection is the government planning to give to those blameless hard workers who suffer the scourge of this new vulture capitalism?”

Mr Cameron mentioned the thousands of job secured for Britain in the last week alone from Asda, Vodafone and Birmingham Airport.

Mr Flynn later said: “I just wanted to raise the issue and put a label to it because it’s very much like vultures coming along.”

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10:28am Thu 10 Apr 14

BassalegCountyFan says...

Well done to Paul Flynn for raising the issue. I was disappointed with Cameron's non-committal and unsympathetic response to 650 people losing their jobs.

More needs to be done to stop devious large firms - rightly labelled as vultures - pursuing a degradation of pay and conditions at work. M and S should be ashamed of themselves for ending an association with a dedicated and skilled workforce and instead opting to work with a firm who notorious in the Oldham area for their bad treatment of workers and extensive use of zero-hours contracts.
Well done to Paul Flynn for raising the issue. I was disappointed with Cameron's non-committal and unsympathetic response to 650 people losing their jobs. More needs to be done to stop devious large firms - rightly labelled as vultures - pursuing a degradation of pay and conditions at work. M and S should be ashamed of themselves for ending an association with a dedicated and skilled workforce and instead opting to work with a firm who notorious in the Oldham area for their bad treatment of workers and extensive use of zero-hours contracts. BassalegCountyFan
  • Score: 7

1:06pm Thu 10 Apr 14

Katie Re-Registered says...

I suppose one way to bring the capitalist system down would be if everyone started growing their own food and making their own clothes, tools and utensils etc. Although there'd still be taxes to pay - as (Thomas Jefferson?) famously said: "only two things are certain in life: death and taxes." However, I'm beginning to envisage global capitalism reaching the same sort of sudden and dramatic end as that other large internationalist movement of the 19th and 20th centuries - soviet style communism. Although seeming at first glance poles apart, both have much more in common with one another than either would care to admit. And like when the coming down of the Berlin Wall in 1989 triggered a chain reaction across the comecon countries, I see the capitalist system being ditched in the places where it is likewise most weakest - such as Greece, Spain, across Southern Europe. Of course, there will be some countries that are so pathologically capitalist and classist that despite considerable unrest and dislocation capitalism will never die there. To that end, I see Britain as the North Korea of capitalism - in many ways we're probably even more insanely deferential and classist than the quintessentially entreprenuerial US of A!
I suppose one way to bring the capitalist system down would be if everyone started growing their own food and making their own clothes, tools and utensils etc. Although there'd still be taxes to pay - as (Thomas Jefferson?) famously said: "only two things are certain in life: death and taxes." However, I'm beginning to envisage global capitalism reaching the same sort of sudden and dramatic end as that other large internationalist movement of the 19th and 20th centuries - soviet style communism. Although seeming at first glance poles apart, both have much more in common with one another than either would care to admit. And like when the coming down of the Berlin Wall in 1989 triggered a chain reaction across the comecon countries, I see the capitalist system being ditched in the places where it is likewise most weakest - such as Greece, Spain, across Southern Europe. Of course, there will be some countries that are so pathologically capitalist and classist that despite considerable unrest and dislocation capitalism will never die there. To that end, I see Britain as the North Korea of capitalism - in many ways we're probably even more insanely deferential and classist than the quintessentially entreprenuerial US of A! Katie Re-Registered
  • Score: 1

7:41pm Sat 12 Apr 14

steve 72014 says...

BassalegCountyFan wrote:
Well done to Paul Flynn for raising the issue. I was disappointed with Cameron's non-committal and unsympathetic response to 650 people losing their jobs.

More needs to be done to stop devious large firms - rightly labelled as vultures - pursuing a degradation of pay and conditions at work. M and S should be ashamed of themselves for ending an association with a dedicated and skilled workforce and instead opting to work with a firm who notorious in the Oldham area for their bad treatment of workers and extensive use of zero-hours contracts.
I couldn't agree more .......ive worked there for 19 years and very disappointed with the way marks and Spencer have acted regarding the contract.
[quote][p][bold]BassalegCountyFan[/bold] wrote: Well done to Paul Flynn for raising the issue. I was disappointed with Cameron's non-committal and unsympathetic response to 650 people losing their jobs. More needs to be done to stop devious large firms - rightly labelled as vultures - pursuing a degradation of pay and conditions at work. M and S should be ashamed of themselves for ending an association with a dedicated and skilled workforce and instead opting to work with a firm who notorious in the Oldham area for their bad treatment of workers and extensive use of zero-hours contracts.[/p][/quote]I couldn't agree more .......ive worked there for 19 years and very disappointed with the way marks and Spencer have acted regarding the contract. steve 72014
  • Score: 0

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