Haringey trade unionists call on Councillors to think again on HDV privatisation plans

Haringey Trades Union Council

Media Release 25th January

Contact Haringey TUC Secretary Keith Flett 07803 167266

Haringey trade unionists call on Councillors to think again on HDV privatisation plans

Haringey TUC the local North London organisation of the TUC has said that after a delegate meeting of the Borough’s trade unions on 24^th January they are calling on Labour Councillors in Haringey to think again on plans to sell off public assets in a scheme known as the Haringey Development Vehicle.

The plan to sell off Council owned housing and businesses premises to private investors is believed to be the largest in the country and has already attracted the concern of trade unionists London wide via the South and East Region TUC [SERTUC]

The trades unionists say that while it is understood that Tory Government cuts are starving local Councils of cash, selling off assets to privateers is a short term measure that will not benefit ordinary people in Haringey. Privateers are interested in profit and returns for shareholders as a bottom line not the needs of working people to have decent housing.

Haringey TUC Secretary Keith Flett said, the Trades Council was unanimous in opposing the HDV and we are asking Labour Councillors when they meet to heed the view of the Council’s own Scrutiny Committee and think again on plans. They may be good news for privateers and developers but they are bad news for many Haringey residents and business owners.