Latest: BankLevy
This morning we hitched our wagons out of Sherwood and headed behind enemy lines – destination – HSBC annual general meeting. We joined angry shareholders and protesters to ask why HSBC prioritises pay above helping those who were hit hard by its casino banking business model.
Shareholders and general banking staff voiced concerns over lacklustre returns and high pay for the people at the top. The board was grilled on the size of the...
Politicans from across Europe and the developing world are the latest to come out in support of a Financial Transaction Tax (FTT). The EU-ACP Joint Parliamentary Assembly met in Budapest from 16-18 May and adopted a declaration, in which they acknowledged "the need, in order ...
In today’s Guardian, economist Ha-Joon Chang and researcher Duncan Green argue that the Robin Hood Tax is an idea whose time has come.
The tax would “slow down the most speculative elements of international capital flows and raise the significant sums needed to provide the newly required global collective...
Economists are notorious for not being able to agree on anything. But today, a thousand economists from 53 countries have written to G20 finance ministers and Bill Gates calling on them to introduce financial transaction taxes to tackle global poverty and climate change and help people hit by the economic crisis.
The letter, which has appeared in ...
