Newcastle University takes a strong stand against secret loans

The Vice-Chancellor of Newcastle University, along with the President of the Student Union, the branches of the trade unions UCU, UNITE and UNISON, and the Chaplaincy Group have written to the UK Chancellor Philip Hammond calling for action to tackle secret debts.

In his letter, Professor Chris Day, Vice-Chancellor of Newcastle University says:

“We write in support of an initiative by Jubilee Debt Campaign UK, which seeks to extend to loans the current requirements on companies to reveal the payments they make to developing countries. We hope the British government will take the lead in this matter, by amending British law and pressing other countries in the G20 to do the same.”

You can write to your MP to ask them to take action on secret loans here.

The letter is also signed by Raff Marioni, President of the Students’ Union, Dr Bruce Baker, Branch President of the University and College Union, William Saint, Branch Chair of UNITE, Nigel Villalard, Branch Secretary of UNISON and Professor Bill Clegg from the Newcastle University Chaplaincy Group.

You can read the full letter here.

 

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