In response to St. Paul's Institute survey showing City workers think traders are paid too much

For immediate release:

A poll carried out by ComRes as part of a St Paul’s Institute report shows most City workers think pay gap between rich and poor in Britain is too big and that traders and others are paid too much.

In response, Max Lawson, spokesperson for the Robin Hood Tax campaign, said:

“When even the City itself thinks its traders are paid too much, why is the Government not bringing them back under control?”

“A Robin Hood Tax would help curb some of the City’s worst excesses whilst generating much needed revenue to tackle poverty and climate change at home and abroad. That is why it’s backed by the Archbishop of Canterbury and millions of others.”

Contacts:

Simon Chouffot 07725 879 580 simon@robinhoodtax.org.uk
Jon Slater 07876 476 403 jslater@oxfam.org.uk

Notes to editors:

The St Paul’s Institute report is downloadable here: http://www.stpaulsinstitute.org.uk/Reports

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

The campaign has a quarter of a million supporters and is endorsed by over 1,000 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.