In response to Barclay's annual results, David Hillman, spokesperson for the Robin Hood Tax campaign said:
"Once again Barclays has paid out over a £1bn in fines and compensation, but still manages to award an eye-popping £1.5bn in bonuses. In no other sector of the economy is failure so richly rewarded.
"Something is seriously wrong when CEO Jes Staley takes home a tidy £4m, while ordinary families across the country struggle to make ends meet."
For more information contact:
Asha Tharoor on [email protected] 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.