In response to Osborne's Budget and contribution of richest

For immediate release:

Simon Chouffot, spokesperson for the Robin Hood Tax campaign, said:

“This is less a ‘Robin Hood’ Budget and more Sheriff of Nottingham – protecting the privileged few at the expense of services for the poorest.

“Osborne is barking up the wrong tree in this Budget. He won’t bring down the deficit and protect those at the bottom by letting the richest off the hook.

“If we are really going to ‘earn our way’ out of this economic mess we should be asking the City of London to pay its share. Yet tweaking the bank levy will raise no new money from the Square Mile. This is another good Budget for bankers.”

Contacts:

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

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

Notes to editors:

The Robin Hood Tax campaign is a coalition of 115 UK organisations including Barnardo’s, Comic Relief, Oxfam, Friends of the Earth, Stamp Out Poverty and the TUC: www.robinhoodtax.org.uk

The campaign has 250,000 supporters and is endorsed by over 1,000 economists and politicians from all main political parties.

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