In response to HSBC's Q1 results

For immediate release:

In response to HSBC's Q1 results, Simon Chouffot, spokesperson for the Robin Hood Tax campaign, said:

“HSBC's profits may be up, but its reputation is down. It’s shocking that six years after the crisis HSBC and other banks are still so tarnished by their bad behaviour.

“A softly softly approach to the City has delivered us crisis after scam after scandal. It's high time we get a grip on our wayward financial sector and ensure it makes a greater contribution to the UK."

For more information contact:

Simon Chouffot: 07725 879 580 simon@robinhoodtax.org.uk
Jon Slater: 07876 476 403 jslater@oxfam.org.uk  

Notes to editors: 

The Robin Hood Tax campaign is a coalition of 119 UK organisations including Barnardo’s, Comic Relief, Oxfam, Friends of the Earth, Stamp Out Poverty and the TUC: www.robinhoodtax.org.uk

The campaign has more than 250,000 supporters and is endorsed by over 1,000 economists and politicians from all main political parties

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