In response to HSBC's annual results

Tuesday, February 20, 2018

In response to HSBC's annual results, David Hillman, spokesperson for the Robin Hood Tax campaign, said:

"HSBC boss Stuart Gulliver may be strolling off into the sunset with £6.1 million but his real legacy is that under his watch there's been countless branch closures, serious job losses and billions paid out in fines.

“Despite this record of shame, HSBC has awarded itself a staggering £25billion in bonuses since the financial crisis. The bank has been untouched by the austerity it helped cause while the rest of the country's pay packets have flatlined and millions of families struggle to make ends meet."

ENDS

For more information contact:

Asha Tharoor on media@robinhoodtax.org.uk or 07813 688680

Notes to editors:

The Robin Hood Tax campaign is a coalition of 100+ UK organisations including Barnardo’s, Comic Relief, Oxfam, Friends of the Earth, Stamp Out Poverty and UNISON: www.robinhoodtax.org.uk

The campaign has more than 250,000 supporters and is endorsed by over 1,000 economists.

The campaign is calling for financial transaction taxes to help tackle poverty and climate change, at home and abroad.