Paid the price: 10 years of human toll after the 2007 financial crisis
Location: Norcroft Centre, University of Bradford (Main Campus)
Date and Time:
Wed 20 Sep 2017, 18:00 - Thu 7 Sep 2017, 19:15
Duration: 1.15 hours
This lecture, delivered by Gregor Gall, Professor of Industrial Relations at the University of Bradford Faculty of Management and Law, will examine the human toll upon the workers of the financial services sector after the financial crash.
It demonstrates through an examination of their pay, pensions, working hours and employment levels that they have paid the price for the financial crash caused by deregulation, risky lending and hunger for profits. Consequently, their pay has fallen in real value, they face pension impoverishment, fewer workers are doing more work and the length of working days have been extended. But as financial services companies began to return to profit since 2013, their workers have not seen a fair return on the fruits of their labour.