Tag Archives: FTT

Robin Hood Tax: The story so far…

Bill Nighy video launches Robin Hood TaxThe campaign to get a Robin Hood Tax on financial transactions launched just six months ago. But what a six months! Here are some highlights from the diary of a Robin Hood Tax campaigner….

February: starting strong

  • Launch of the campaign to secure a Robin Hood Tax to raise £250 billion a year to support public services, fight poverty, and combat climate change.
  • Bill Nighy and Richard Curtis team up to produce the hit online film, The Banker.
  • Within two weeks, the campaign has the support of 112,000 Facebook fans and 350 economists.
  • Big names to pledge their support include the Archbishop of Canterbury and economist Jeffrey Sachs.
  • Twitter arrows fired at MPs prompt 65 of them to attend a special parliamentary briefing at Westminster. Continue reading

2 Comments

Filed under CAFOD, Climate Change

Robin Hood Tax: Momentum building towards budget and G20

Robin Hood tax budget actionEU Heads of State got us a step closer to Robin Hood taxes and to fairer finance last week.

At their Council meeting in Brussels on Thursday, European Leaders agreed that “Member States should introduce systems of levies and taxes on financial institutions to ensure fair burden-sharing and to set incentives to contain systemic risk”.

This goes further than the idea of a simple bank levy that seemed to be gathering momentum. Such a levy would not have raised much cash and was not enough to tackle underlying problems in financial markets – just to create a fund to bail us out next time they would inevitably go wrong. Continue reading

Leave a Comment

Filed under CAFOD