TUC welcomes European Parliament vote for Robin Hood Tax

Welcoming the vote today (Tuesday) in the European Parliament in favour of the introduction of a European-wide financial transactions tax (known as the Robin Hood Tax in the UK), TUC General Secretary Brendan Barber said:
“European politicians have turned the public anger against the financial sector highlighted recently by the Governor of the Bank of England into support for a Robin Hood Tax – a tiny tax that could make a big difference.

“European governments – including David Cameron’s – now need to listen up and turn this Parliamentary vote into a European agreement, so that the banks start paying for the crisis they caused, rather than ordinary people in Britain and abroad.”