In response to Barclays paying only £113m in corporation tax last year

Monday, February 21, 2011

Embargoed until: 00.01 Saturday February 19

In response to Barclays paying only £113m in corporation tax last year

Max Lawson, spokesperson for the Robin Hood Tax Campaign, said:

“This is proof that banks live in a parallel universe to the rest of us – paying billions in bonuses and unhampered by the inconvenience of paying tax.

“The government must show that it acts in the interest of the many and not the privileged few. If banks paid their fair share we could avoid the worst of the cuts and help those hit hardest by the financial crisis they did nothing to cause.”

Max Lawson and others are available for interview.

Contacts:

Simon Chouffot 07725 879 580 simon@robinhoodtax.org.uk

Jon Slater 07876 476 403 jslater@oxfam.org.uk

Liz Chinchen 07778 158 175 LChinchen@TUC.ORG.UK

Notes to editors:

The Robin Hood Tax campaign is a coalition of 115 UK organisations including Actionaid, Oxfam, Friends of the Earth, Save the Children and the TUC: www.robinhoodtax.org.uk

The campaign has a quarter of a million supporters and is endorsed by over 350 economists and politicians from all main political parties.

The Robin Hood Tax campaign is calling for new financial sector taxes to help tackle poverty and climate change, at home and abroad.

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