The Co-operative Party

The Co-operative Party and the Labour Campaign for International Development are co-hosting this event on the transparency of commodity trading, food speculation and the price of food.

In a world where a billion people do not have enough to eat, we need to sort out the broken global food system. Spikes in the price of food are a major part of the problem, and the dysfunctional commodities markets are a major cause.

Banks are earning huge profits from betting on food prices in unregulated financial markets. This creates instability and pushes up global food prices, making poor families around the world go hungry and forcing millions into deeper poverty.

• Chair: Aditya Chakrabortty, The Guardian
• Chris Leslie MP, Shadow Treasury Minister and Labour & Co-operative MP
• Mary Creagh MP, Shadow Secretary of State for DEFRA
• Rushanara Ali MP, Shadow DfID Minister (tbc)
• Duncan Weldon, Senior Policy Officer, TUC
• Robert Nash, Private Sector Policy Advisor, Oxfam GB

This will be an opportunity to hear about hoarding in our commodity markets. It builds upon work the Co-operative Party and Treasury team have carried out through the passage of the Financial Services Bill and the European lobbying Oxfam have been involved in as part of their GROW campaign.

Apply for a ticket below.

Comments (2)

1. There must be cross-party commitment to passing the 0.7% international aid bill | Left Foot Forward says:

   13 July, 2012 at 10:07 am

   [...] that Labour’s treasury team have been seeking amendments on government finance bills affecting commodity speculation and tax avoidance by UK companies [...]
2. There must be cross-party commitment to passing the 0.7% international aid bill « Labour Campaign for International Development says:

   13 July, 2012 at 1:38 pm

   [...] that Labour’s treasury team have been seeking amendments on government finance bills affecting commodity speculation and tax avoidance by UK companies [...]