Tag Archives: investment

Does housing financialisation deliver a Viable Economy for Greater Manchester?

Does housing financialisation deliver a Viable Economy for Greater Manchester? By James Scott Vandeventer, Steady State Manchester originally published by Greater Manchester Housing Action, 6 May, 2018. Manchester’s skyline is changing. Fast. While the dominant narrative is that dozens of … Continue reading

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The Viable Economy … and Viable Finance

The Viable Economy – and Viable Finance Mark H Burton and Mike Riddell. pdf version (not updated) updated, 10 May. It is all too clear that our economy is precarious, economically, socially and ecologically. Steady State Manchester promotes the Viable Economy1, … Continue reading

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One cheer for Greater Manchester Pension Fund

The right direction but too vague and too slow. Fossil Free Greater Manchester today responds to the Greater Manchester Pension Fund’s formal response to its campaign for full divestment of the Fund from the fossil fuel industry.  While the Fund … Continue reading

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Greater Manchester Pension Fund: an obstacle to action on climate change?

A new report “Fuelling the Fire” shows that UK council pension funds are still investing billions (£16 Billion in fact) in fossil fuel companies. The sums invested have increased, although this is more a result of stock value and currency … Continue reading

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So what would we do? Towards an alternative strategy for the city region

Download the Working Paper here It is easy to be critical. We are critical of the way our city and regional leaders have generally tackled the difficult problem of economic, social and environmental viability. We see their approach as based … Continue reading

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Greater Manchester climate campaigners not convinced by Pension Fund’s arguments

Steady State Manchester is part of the coalition that came together as Fossil Free Greater Manchester (FFGM) to campaign for the largest local authority pension fund to divest from fossil fuels.  It is consistent with our thinking on the regional … Continue reading

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Are small firms getting a good deal in Greater Manchester?

Did you know that there are 5.4 million small and medium-sized firms (those employing less than 250 people) in the country as a whole, employing some 23 million people? They are the heart of the economy and of any future … Continue reading

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GMPF and fossil fuel divestment – update

First the good news: we understand that Greater Manchester Pension Fund has agreed to update its “responsible investment policy” in line with current thinking on Trustees duties.  That is to say, it will now consider social and ethical considerations to … Continue reading

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