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Today was Barclays Annual General Meeting, and a merry band of Robin Hood Tax supporters were there to mark the occasion with a good old tug-of-war.
The decisions made inside these meetings - like the size of CEO Bob Diamond's obscene pay package - don’t just affect shareholders. As taxpayers, we’re all getting a raw deal. Not least because one the reasons these huge payments are possible is due to an implict subsidy from the...
From the guest list released of dinners at number 10 with major Conservative Party donors, at least five guests are associated with the City: Michael Hintze (hedge fund manager, former Goldman Sachs), Paul Ruddock (hedge fund manager), Michael Farmer (hedge fund founder), Henry Angest (banker), Michael Spencer (icap founder).
Michael Spencer purportedly had ...
Thanks to the Oxfam London South-East campaigns team for this blog.
On Budget Day Oxfam supporters headed to London to demand The Robin Hood Tax . They donned their Robin Hood hats to join hundreds of demonstrators outside 10 Downing Street to recreate the iconic 'Labour Isn't Working' image with a 2012 twist: 'Austerity Isn't Working'. As the line formed the crowds chanted “Tax the banks, not the poor...
With RBS, Lloyds and HSBC all releasing results over the next few days, this year's bank bonus season is proving once again that banks live in a parallel universe to the rest of us.
The Government appears to have U-turned on making banks pay their fair share. Dropping the phrase 'that we are all in this together', they are capitulating over rampant pay and using outlandish arguments to block the proposal for a Financial Transaction Tax....
