Responding to the Autumn Budget of 2017, David Hillman spokesperson for the Robin Hood Tax Campaign said:
"With austerity bringing such great hardship to so many people, Hammond's budget fails to properly address the gaping need in essential social care and schools - now stretched to breaking point.
"The Chancellor should stop tinkering around the edges and raise urgently needed money from a banking sector who, with their telephone number sized salaries and bumper bonuses, can clearly afford it. Just eight days of Robin Hood Tax revenue would fund the salaries of 1,000 new police constables, 1,000 newly qualified nurses and 1,000 teachers. We simply cannot afford not to do this."
For more information contact:
Asha Tharoor on [email protected] or 07813 688680
Notes to editors:
The Robin Hood Tax campaign is a coalition of 120 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.