Food campaign news
Ask your MP to support regulation of food speculation
You can help stop betting on hunger and take action to ensure the UK supports proposals to stop reckless bankers gambling on global food markets.
The European Commission and the French and US governments have all said they want to bring food speculation into the open and regulate it to stabilise prices. We need to you to help pressure the UK government to ensure that it backs proposals for regulation and not to take sides with the banks to block reform.
What can you do?
Ask your MP to let the Chancellor the Exchequer know that the UK government should support proposals for regulating food speculation. We have produced a template letter for you to use which you can print off to send as a letter or copy and paste into an email. It will be more effective if you can personalise it and use some of your own words.
To find out who your MP is, go to www.theyworkforyou.com
You can also use www.writetothem.com to find and write to your MP.
Letter template
You can use this template when you write to your MP, although writing in your own words is always more effective.
Dear (MP's name)
Deregulated commodity speculation has pushed up food prices, leading to hunger and rioting around the world.
Our trading partners in Europe and the United States want to act but they need to see Britain playing its part as well.
Ordinary people in this country and around the world rely on secure, affordable food prices. We need the Treasury to promote stable, transparent commodities markets.
Please would you write to the Chancellor, asking him to support regulations that:
- Require all deals on food derivatives to go through a central, transparent clearing house, and
- Impose tough limits on commodity speculation by banks and hedge funds who are not part of the real food economy.
Yours sincerely,
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