Banks have led us to disaster

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The banks that Peter Bradley of Sheffield Cathedral wrote to have led our world to the brink of a social and economic apocalypse; their thinking is behind the factors that cause homelessness, unemployment, poverty, addiction issues and mental health problems.

Yet Peter Bradley seems more worried about his relationship with the local banks when many of the people using the Archer Project are forced there due to a social and economic system that has ignored their wellbeing at the expense of the wishes of banks, who use money deposited at local bank branches to fund the risky finance model that caused the economic disaster.

People at the occupation are among those with the least voice and power in society; the banks giving lip service to the church through their donations have the most influence of any commercial organisations today.

The Cathedral does great work with the Archer Project, yet its supporters include Cadbury’s which is undergoing a restructuring that will channel profits made by the British brand through Switzerland, costing the UK taxpayer £60m a year.

Peter Bradley calls the donations from his banking partners ‘generous’ but they are actually less than the least we can expect of them; although Lloyds TSB contributed £20,000 toward the Cathedral’s £6.5m overhaul, £20,000 is less than a day’s pay for the Chief Executive of Lloyds Group.

Why doesn’t Peter Bradley ask Barclays and HSBC to join the conversation with the Occupation so they can come face to face with people?

Quentin Ashton

Masses’ opium

I HAD a depressing experience when visiting the hairdresser for my fortnightly trim. After a weekend that threw the country into turmoil with our PM throwing his teddy out of the cot over Europe, I sat and heard nothing but who won X Factor and who was thrown out of a celebrity dancing completion. I imagine they could trot out the names of the winners and losers yet would have problems naming the leaders of Germany and France. We get the Government we deserve. I despair. Marx said religion is the opium of the masses. If he were around now I am confident he’d be saying: “Reality and talent shows are the opium of the masses.”

Terry Bentham, Albany Close, Wombwell