Robin's top picks
As the Vickers Commission prepares to launch their final report on Monday 12 September 2011, analysis by nef (the new economics foundation) quantifies the ‘too-big-too-fail’ subsidy for each of Britain’s ‘big five’ banks for the first time, and argues that the Commission’s proposals are too narrow to be effective.
The analysis in...
Thousands of nurses from across the USA took action in 21 states yesterday to demand a Financial Transaction Tax on Wall Street.
They demonstrated at congressional offices across the country, asking them to take action on the economic crisis and “support a Wall Street transaction tax that will raise sufficient revenue to make Wall Street pay for the devastation it has caused on Main Street.”
Other events included soup kitchens,...
An explosion of high speed, high frequency trading carried out by computers is causing an increasing number of ‘flash crashes’ and undermining markets’ role in efficiently allocating resources, according to a report published today.
Financial Crisis 2: The Rise of the Machines warns that a “technological...
Responding to the agreement between France and Germany to table a joint proposal for a financial transaction tax in September, Max Lawson, Robin Hood Tax campaign spokesman, said:
“This is a major step forward which leaves the UK increasingly isolated in insisting that an FTT must be global to work. Rather than standing on the sidelines, David Cameron should join President Sarkozy and Chancellor Merkel to make banks pay their fair share.
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