Latest: International
It’s fair to say George Osborne has never been the Financial Transaction Tax’s biggest fan. As 11 European countries agreed a 0.01%-0.1% tax on shares, bonds and derivatives that will raise an estimated £30bn each year, he made clear that Britain was folding its arms, stamping its foot and refusing to join in.
It’s one thing to dismiss billions in additional revenue, side with your friends in the City and plump instead for the...
This year began with a flying start for the Robin Hood Tax as in January the European Union gave the green light to 11 countries to implement a Financial Transaction Tax (FTT). This was a huge step forward, a tax estimated to raise €37billion a year is in sight and could be implemented as early as January 2014. The money would provide vital funds that could pay for healthcare and education at home, help people in the poorest...
Every minute a child dies needlessly from malaria.
That’s right, every minute. And every single one is an outrage. Every single one represents a death that could have been prevented, treated, or both.
Today is World Malaria Day.
It marks great progress in the fight against malaria. Once endemic in 178 countries including climates like southern Italy, now the disease has been curbed to just 99 countries across the...
Last week the top European Tax Chief, Algridas Semeta, went to Washington to make the case for a Robin Hood Tax.
Semeta has been leading the progress in Europe where 11 countries (including some of the biggest economies Germany, France, Italy & Spain) are now set to implement the tax in 2014 which will raise a massive €35 billion a year!
His trip was designed to promote the Financial Transaction Tax (FTT) in the U.S. and encourage...