MIPIM is the name of the sales fair to flog off Britain. This is the latest extravaganza of market fundamentalism which is now sweeping Britain. It is being pitched at this moment is a huge hall in London which brings together property developers, billionaire investors from all over the world and, incongruously, local council officials from over Britain. Their common interest, though from very different concerns, is public housing. The property developers want to make a mint from knocking it down and putting up luxury flats in its place. The investors are motivated by a juicy return on capital if they invest in a must-win bonanza.
And the local councils – and here’s the rub – are there because they are broke and have no other means of raising serious money. The only people who aren’t there are the tenants of the public housing which is about to be demolished before their eyes. Their homes, which many have lived in for 30-40 years, are about to be turned into someone else’s speculative asset without their even being consulted, let alone given a chance to impose a veto on a process which literally destroys their livelihood. Continue reading



There are so many repositories of destitution and hopelessness in Britain today that adding another does not evoke the horror it should: