Robin & Robina Hood & their Merry Men & Women to March into Plymouth
This weekend, Robin Hood Tax Campaigners will be marching into Plymouth city centre to lead the city’s charge in calling on the new UK coalition government and other governments around the world to make the Robin Hood Tax a reality.
They will be urging governments to introduce a Robin Hood Tax on banks which would raise billions every year.
The Robin Hood Tax campaign is a movement calling on banks to pay their share of the costs of the global economic crisis and for long term reform of the financial sector. It has brought together over a hundred environment and development organisations that work to reduce poverty in the UK and overseas, including CAFOD, Action Aid, Oxfam and the Salvation Army. It is championed by actors such as Bill Nighy and Emma Thompson.
The Campaign calls for the money raised to be used to tackle poverty at home and overseas, and help fight climate change by enabling developing countries to adapt to the effects of global warming.
On Saturday 22nd May, Students from the University of Plymouth, alongside supporters and staff from aid agency CAFOD, will be donning Sherwood Forest’s finest apparel to become Plymouth’s newest green army. The march aims to highlight the opportunity the city has to sign a global petition which will create a new deal between banks and society.
Robin aka CAFOD’s area manager Simon Giarchi said: “This is a historic opportunity for us all to make sure we get a new global tax that will create huge change for the worlds poorest.”
“It would be morally bankrupt to miss this opportunity. At a time when the financial crisis has pushed developing countries further back in their fight against poverty, we need financial markets that work for development and not against it. A Robin Hood Tax is an important and symbolic step in the right direction.”
Robina aka Student leader, Emma Wilson, Chair of the University of Plymouth Climate Change Society, said: “A Robin Hood Tax will ensure banks pay their share of the costs of the global crisis they helped to generate. Because of the financial crisis, frontline services at home – like the NHS, our universities and schools – are under fire. At the same time, poor communities and the environment in the developing world are being hit hard – as aid and green budgets are slashed by rich countries. The people who caused this mess must accept responsibility and pay to clean it up.”
The action in Plymouth takes place as World Leaders and Finance Ministers discuss financial regulation at a conference in Berlin. Campaign groups across the world have also taken action over the last week for Make Finance Pay Week (17-23 May), an international week calling on the financial sector to take responsibility for protecting the poorest in every country after the effects of the global economic crisis.
The Conservative-Liberal Democrat coalition government have announced, in their joint paper outlining policy plans for the next 5 years, that they will introduce a banking levy. However campaigners are still waiting for the details of how much money it will raise and what the money will be spent on.
In the US, Obama is currently discussing implementing a levy on banks and the campaign is continuing to see increased support throughout the EU. This week, Angela Merkel, the German Chancellor said “We will campaign for a tax on the financial markets and we will campaign for that at our (G20) summit in Canada.”