Media Centre
This media centre is designed to help you find resources from the campaign that you may need. This is the space where we publish and archive all our press releases.
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09 May
2012
Responding to the Queen's Speech David Hillman, Robin Hood Tax spokesperson, said: "Tightening regulation on the City may help prevent future financial crises but banks have still not paid their bill for the last one. This Queen's Speech is another missed opportunity to make the City pay its fair share towards protecting the poorest, saving jobs and investing in economic recovery."
29 Apr
2012
Responding to Cardinal O'Brien's support for a Robin Hood Tax, David Hillman, Robin Hood Tax campaign spokesman, said: "Cardinal O'Brien is right: it is time the Government put the needs of the whole of Britain before the interests of one square mile. Why should poor people at home and abroad pay the price of the crisiswhile bankers who helped cause it rake in multi-million pound salaries?"
Note to editors: Cardinal O'Brien's statement and...
27 Apr
2012
Barclays benefits from an implicit subsidy of £420,000 per investment banker per year because it is ‘too big to fail” according to a new calculation by the Robin Hood Tax campaign released to coincide with the bank’s AGM today.
The figure is equivalent to the salary of 17 nurses. The Robin Hood Tax campaign today staged a ‘tug of war’ between bankers and nurses outside the bank’s AGM to illustrate the point.
The revelation comes amid...
26 Mar
2012
For immediate release:
Responding to the Prime Minister dining with key City figures (see notes to editors) at Number 10 and reports he assured a donor over dinner that he would block moves towards financial transaction taxes,
David Hillman, spokesperson for the Robin Hood Tax campaign, said:
“Whilst dining with City fat cats to ensure they piled millions into his party’s coffers, the Prime Minister was blocking efforts to make the Square Mile pay their fair share to the British...
21 Mar
2012
For immediate release:
Simon Chouffot, spokesperson for the Robin Hood Tax campaign, said:
“This is less a ‘Robin Hood’ Budget and more Sheriff of Nottingham – protecting the privileged few at the expense of services for the poorest.
“Osborne is barking up the wrong tree in this Budget. He won’t bring down the deficit and protect those at the bottom by letting the richest off the hook.
“If we are really going to ‘earn our way’ out of...
13 Mar
2012
Embargoed until: 00.01hrs Tuesday 13 March 2012
A new report by respected City figure and former senior banker Avinash Persaud challenges the arguments used by some of his peers and the Government to oppose a Financial Transaction Tax (FTT).
Professor Persaud, who was previously head of Currency and Commodity Research at JP Morgan & Co says: “What draws me to this subject is not the ‘bashing bankers’ party, but the disproportionate, inconsistent and disingenuous...
09 Mar
2012
For immediate release:
David Hillman, spokesperson for the Robin Hood Tax campaign, said:
“The latest round of eye-watering pay packages announced today for Britain’s top bankers confirms that they live in a different reality to the rest of us.
“Meanwhile ordinary people are left to pick up the pieces in an economy still flat-lining after the banks caused the biggest financial crisis in a generation.
“What more evidence does the government need that the time has now...
09 Mar
2012
For immediate release:
David Hillman, spokesperson for the Robin Hood Tax campaign, said:
“The pockets of Bob Diamond and his fellow bankers are busting at the seams from their multi-million pound pay packets, whilst the Exchequer is being left short by the bank’s tax avoidance measures.
“The government’s stand-off approach to ensuring banks pay their fair share to society isn’t working. Such excessive rewards are a clear sign the financial sector can afford to...
28 Feb
2012
For immediate release:
David Hillman, spokesperson for the Robin Hood Tax campaign, said:
“Avoiding paying hundreds of millions in tax is no way for Barclays to demonstrate its good citizenship at a time when the country is still suffering the devastating effects of the last financial crisis.”
“The Government is right to claw back this money, but must do more to ensure the financial sector pays its way.
“It is all the more outrageous because Barclays profits are...
27 Feb
2012
For immediate release:
Owen Tudor, spokesperson for the Robin Hood Tax campaign, said:
“This is yet more evidence that while the public suffer the greatest squeeze in living standards since World War II, bankers are happily coining it in.
“HSBC enjoys such stratospheric profits and bonuses because like the other big UK banks they are effectively underwritten by the taxpayer. Instead of wringing his hands about the fact the UK has ‘run out of money’, George Osborne...