Latest: BankBonuses
What does a rubber duck have to do with Barclays?
Well yesterday, everything.
As shareholders gathered for Barclays Annual General meeting they were greeted by a couple of jaunty bankers swigging champagne whilst relaxing in a bath full of money. Why were they there? To highlight the fact that Barclays and the banking sector are still getting ‘filthy rich’ at our expense.
Whilst the UK public is suffering from job losses...
Ahead of the annual Mansion House Bankers' Banquet, campaigners headed to the Royal Exchange in the City of London yesterday to demand a Robin Hood Tax on the financial sector.
On Wednesday, Robin headed up to Edinburgh for the Royal Bank of Scotland's Annual General Meeting.
Robin’s giant arrow, wielded by public sector workers, reminded all of us: ‘RBS owes YOU’.
Following a £45.5 billion bailout in 2008, RBS is now 82% owned by the taxpayer. The bank announced a loss of £2 billion this year, but still paid out a shocking £800m in bonuses.
Dave Moxham said from the...
If Gandhi's chronology of 'first they ignore you, then they laugh at you, then they fight you, then you win' is anything to go by, the Robin Hood Tax campaign is getting close to its goal.
David Cameron calls it ‘madness’. And George Osborne would rather let the rich pay less than tax the banks. But millions of people know that the Robin Hood Tax makes sense. When we launched two years ago, the idea of taxing the banks was...