London Indymedia

Private Equity Headquarters Under Lock Down in London July 17

PECAN Collective | 18.07.2008 15:01 | Globalisation | Social Struggles | Workers' Movements | London

On the Global Day of Action against Private Equity, 50 people collectively delivered a giant invoice to Kohlberg, Kravis Roberts's (KKR) headquarters in London.

beginning of demo at Trafalgar Square
beginning of demo at Trafalgar Square

opening speech from our MC
opening speech from our MC

outside KKR's headquarters, with people looking down from balcony
outside KKR's headquarters, with people looking down from balcony

the giant invoice
the giant invoice

we invoice KKR for £225 million in unpaid taxes
we invoice KKR for £225 million in unpaid taxes


On the Global Day of Action against Private Equity, 50 people collectively delivered a giant invoice to Kohlberg, Kravis Roberts's (KKR) headquarters in London. The action was organised by the Private Equity Creative Action Network (PECAN) and began with a march to the tune of the Beatles's "The Taxman" and Pink Floyd's "Money" from Trafalgar Square to the KKR's headquarters. The group carried a giant invoice to KKR from the £225 million owed to the UK government in unpaid taxes from their purchase of Boots, the pharmacy chain. There were giant golden number-shaped balloons and props representing schools, houses and trees: the 'public goods and services' that £225 million would have paid for. The 4 metre long invoice was unveiled outside the KKR headquarters (a unobtrusive but sinister building near Buckingham Palace which also houses the headquarters of arms dealer BAE Systems). The activists demanded that KKR's executives come out of the building and receive it. A group of ten KKR representatives in suits stood in the lobby, behind locked doors and police, watching the group. Finally, two KKR representatives came outside and received their invoice from the British public. However, as of yet KKR has not yet made payment. PECAN will continue actions against Private Equity firms and the wide ranging effects of their buy-outs.

PECAN Collective
- e-mail: privateequitysucks@googlemail.com
- Homepage: http://www.privateequitysucks.com

Comments

Display the following comment

  1. Statutory Interest Charges — Just a thought

Kollektives

Birmingham
Cambridge
Liverpool
London
Oxford
Sheffield
South Coast
Wales
World

Other UK IMCs
Bristol/South West
London
Northern Indymedia
Scotland

London Topics

Afghanistan
Analysis
Animal Liberation
Anti-Nuclear
Anti-militarism
Anti-racism
Bio-technology
Climate Chaos
Culture
Ecology
Education
Energy Crisis
Fracking
Free Spaces
Gender
Globalisation
Health
History
Indymedia
Iraq
Migration
Ocean Defence
Other Press
Palestine
Policing
Public sector cuts
Repression
Social Struggles
Technology
Terror War
Workers' Movements
Zapatista

London IMC

Desktop

About | Contact
Mission Statement
Editorial Guidelines
Publish | Help

Search :

Major Coverage

Mayday 2007
No Borders Days of Action 06
M18 Anti War
Mayday 2006
Refugee Week 2006
SOCPA
Day of Action Against Migration Controls
DSEi 2005
ESF 2004
Server Seizure
May Day 2004
2003 Bush Visit
DSEi 2003
May Day 2003
No War Feb 15

London links

London Links

Spaces
rampART search
Bowl Court search
56a Infoshop search
LARC search
Pogo Cafe search

Groups/Projects
Offline/InfoUsurpa
No Borders search
Rising Tide search
Freedom Bookshop search
Advisory Service For Squatters search
RoR samba band search
Space Hijackers search
LDMG search

Campaigns
Disarm DSEi search
Food Not Bombs search
London No2ID search

Bikes Not Bombs
Climate Camp

Regular Events
Critical Mass search
Anarchist Bookfair search
Anarchist Forum

UK IMCs

IMC UK

iMobile Page
Photo Page
Indymedia Cinema
Video Page
Radio Page
Offline Newsheet History

Other IMCs