Thurs 27 June 2019



 We’ve just blown up £1.2 million of local predatory debt. Why? This event explores the idea of a debt jubilee from old testament origins to the Jubilee 2000 campaign for the cancellation of the poorest country’s debts to Strike Debt and the solid case for a nationwide household debt write off now. It challenges mainstream moral narratives around debt, puts forward the idea of illegitimate debts and examines the hypocrisy of a failing system creating mass debt servitude by design. How are debt and democracy, debt and freedom inextricably intertwined.



Dr. Johnna Montgomerie is Reader in International Political Economy at King's College London and author of Should we abolish household debts? (Polity, 2019). She makes a case for how abolishing household debts can put an end to austerity and to the unsustainable forward march of debt-dependent growth.

 The book ‘Should we abolish Household debts?’ will be available to buy on the night.


Grace is a research Fellow on IPPR’s Commission on Economic Justice. She specialises in macroeconomic policy, with a particular focus on finance.  She is an economics commentator and author of 'Stolen: How to save the world from financialisation' out later this year with Repeater books. 


Director of JUBILEE DEBT CAMPAIGN - part of a global movement demanding freedom from the slavery of unjust debts and a new financial system that puts people first.

Inspired by the ancient concept of ‘jubilee’, they campaign for a world where debt is no longer used as a form of power by which the rich exploit the poor. Freedom from debt slavery is a necessary step towards a world in which our common resources are used to realise equality, justice and human dignity.

Chaired by Dr CHRIS HARKER of UCL’s Institute for Global Prosperity - coordinator of the Financing Prosperity Network developing alternative approaches to problems of debt.

£3 entry.

Paying bar.

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The Bank is approx 110 metres from Walthamstow Central train and tube station.

The only two road crossings you need to make along the way from station to venue are both proper pedestrial crossings with green man/red man lights and with step-free access from the pavement.

The front doors to the Bank when open at their widest provide a gap of 88cm. There are no steps or other obstacles, There is a gentle slope up from the front door into the main area which is entirely flat.

Unfortunately the venue does not have accessible toilets. Cubicles are small and accessing them requires getting through a doorway gap of 62cm. Toilet seats are 44cm, and sinks are 86cm, above ground.

We do not have central heating and as such the space can be quite cold at times. We will have blankets on hand for any visitor who wants one during their time in the bank.

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