Occupy London ‘repossess’ empty UBS block

BRITISH anti-capitalist protesters have occupied a third location in London, “repossessing” a large empty office block owned by Swiss banking giant UBS.

A dozen protesters from the Occupy London group scaled ladders to gain access overnight to the first floor of the sprawling office complex in the capital’s financial district.

“UBS was bailed out for $60 billion (€44bn) in 2008 and had a rogue trader that lost billions just this year,” said the group’s spokeswoman Tanya Paton.