New Robin Hood Tax Film: Future News

The Banker is back!

Bill Nighy returns an all-star cast (including The Walking Dead's Andrew Lincoln and Harry Potter's Clémence Poésy) in our new film Future News.

Watch the film to find out what a Robin Hood Tax could achieve in Europe and sign the Million Strong Petition here to help show that this is the most popular tax in history!

 
 

The Banker

See Bill Nighy starring in our brilliant (even if we say so ourselves) launch film, seen by more than 1 million people.

 
 

All eyes on Italy

Italian Prime Minister Matteo Renzi, the new President of the European Council, is now in the driving seat to steer 11 countries to finalise Financial Transactions Tax (FTT) legislation by December. All eyes are on Italy to seal the deal.

The Italian Robin Hood Tax Campaign has hit the ground running, piling the pressure on Renzi and Finance Minister Padoan:

  • Sending them a letter signed by major Italian trade unions and charities, bolstered by signatures of Robin Hood Tax coalitions from 12 other countries - representing tens of millions of European citizens - to Renzi and Padoan, pushing them to agree an ambitious FTT under Italy’s presidency with significant revenues to fight poverty at home and abroad and combat climate change.
  • Flooding Renzi's Twitter feed with over a thousand tweets in the hour before his inaugural speech at the European Parliament.
  • Staging a World Cup stunt outside of Padoan’s office in Rome (pictured) broadcasting that we want him to lead the team of 11 European finance minsters to secure a strong Financial Transactions Tax.

Further afield, citizens have been raising their voices to demand this tiny tax on the banks be used to save lives in poorer parts of the world. On 20th July at the International AIDS Conference in Melbourne, Australia, the Global Fund to fight HIV/AIDS, TB and Malaria (GFATM), the French government, UNAIDS and other prominent experts expressed their support for the Robin Hood Tax. Activists challenged President Clinton by dropping banners and holding signs, chanting “Clinton, End AIDS with a Robin Hood Tax!” – and the former president applauded them after the stunt.

And that’s not all - respected members of the financial and business sectors keep coming on board. Recently the Chair of the Board of ice-cream giant Ben and Jerry's, Jeff Furman, joined Bill Gates as another captain of industry backing the Robin Hood Tax.

And what about those who are not in favour? Well, we still encounter strong opposition from UK Chancellor George Osborne, despite his arguments wearing increasingly thin. While he continues to champion the interests of the financial sector over the interests of Britain as a whole, UK citizens and local politicians are strongly behind the FTT with 61 councils, representing a quarter of the UK population, now signed up to support it.

With a ground-breaking European Financial Transactions Tax in our sights, we need to keep the pressure on the Italian Government. We need to ensure that we achieve the strongest, broadest tax possible in Europe, with money going to the right places: to protect jobs and public services, to meet commitments to clean water, health and education in developing countries and to combat the challenges of climate change. And we need to use the FTT progress on the European mainland to persuade UK political parties, in the run up to the General Election next year, that the time for the Robin Hood Tax is NOW.

Almost 800,000 people have signed the Robin Hood Tax petition to date – let’s make it 1 Million! Please get 2 people you know to sign. Let’s show the world the Robin Hood Tax is the most popular tax in history!

 
 
 
 
 
 
 

Stamp Out Poverty campaigns for the Financial Transaction Tax (FTT) – sometimes known as the Robin Hood Tax – a small tax on transactions by financial organisations (rather than individuals) that would raise billions each year to tackle poverty and climate change at home and abroad whilst also reducing the casino-like behaviour of the banking sector.

Recent blogs

All eyes on Italy

Italian stunt cropped

Italian Prime Minister Matteo Renzi, the new President of the European Council, is now in the driving seat to steer 11 countries to finalise Financial Transactions Tax (FTT) legislation by December. All eyes are on Italy to seal the deal.

Read more ››

Robin Hood Tax storms ahead in Europe

Merkel and Hollande hlding prize money away

In a historical agreement, 10 states sealed the deal for the introduction of Financial Transaction Taxes (FTTs) in a heated session at the meeting of European Finance Ministers on 6 May. George Osborne bristled as the countries led by Germany and France set out that FTTs would be introduced in stages, starting with shares and some derivatives, with revenue beginning to roll in next year.

Read more ››

"FTT in May" say France and Germany

bill 2

The last month has been an extremely exciting one for the Robin Hood Tax campaign. Our new Bill Nighy film has gone down a storm and France and Germany have announced their intention to agree an 11-country Financial Transaction Tax (FTT) before the European elections on 22 May.

Read more ››

From the library

Key reading

Taxing Transactions in Financial Derivatives: Problems and Solutions

Avinash Persaud, Intelligence Capital, September 2014

In this report, Professor Persaud dismantles arguments made by bank lobbyists fighting against the Financial Transactions Tax.

Read more ››