Former banker lays out the plan for a UK Robin Hood Tax

Former banker lays out the plan for a UK Robin Hood Tax
July 19th 2017 / 
Robin Hood
 

Starting on the Radio 4 Today programme, Professor Avinash Persaud outlined how - by updating the current Stamp Duty on shares - the UK government could raise £25bn every 5 years. Billions that, he suggests, could go towards long-term investment like health and education.

Listen to him here (02h 41m)

He then appeared on BBC2’s Daily Politics in a head-to-head debate. With a big image of Robin Hood Tax activists in the background, Professor Persaud went on to bust many of the myths put out by the financial sector when they attack the proposal.

Click on the image to watch the short debate.

Professor Persaud then presented his paper to a room packed with City people, senior Labour politicians and representatives from charities and campaign groups.

After years of campaigning, a UK Robin Hood Tax is now in the mainstream!