In response to Lloyds's annual results David Hillman, spokesperson for the Robin Hood Tax campaign, said:
“Lloyds may be heralding a ‘landmark year’ but it has paid out a whopping £24bn in fines, and given out £3.7m in bonuses since its taxpayer bail out. A staggering prize for a decade of bad behaviour.
"As CEO Antonio Horta-Osorio takes home another cool £6m, surely it's time we stopped rewarding failure with extortionate sums, at a time when most ordinary people are crying out for a long overdue pay rise."
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.