Newsletter : August 2012 Update

What a summer for the campaign

Dear Supporter

Fantastic news:

At the end of June, 9 European countries agreed to push ahead and implement a Financial Transaction Tax (FTT) by the end of the year. The tax will help curb the speculation which has been blamed for contributing towards the financial crisis and raise £26.8bn in new revenue to help fund domestic and international social priorities.  Just this week France took an initial step by introducing a 0.2% levy on share trading of leading French companies. The tax is expected to raise around half a billion euros a year and President Hollande has indicated that part of the revenue will be used to fight global poverty and HIV/Aids.

You can read all about the progress in Europe in our summer newsletter, along with the sensational news that 50 leading financial sector professionals have broken ranks to come out in support of the FTT.

Finally, find out how Stamp Out Poverty’s Director, David Hillman, was mistaken for Peter Pan when he ran the London 10k run to raise money for the Robin Hood Tax campaign.

Wishing you happy summer holidays!

The Stamp Out Poverty team

A group of 9 European countries agree to push ahead with a Robin Hood Tax

This June a coalition of willing countries agreed to press ahead with plans for a European Financial Transaction Tax (FTT). Read the full story here

Big win as France introduces its very own Robin Hood Tax

The tax is expected to raise around half a billion euros and President Hollande has indicated that part of the revenue will be used to fight global poverty and HIV/Aids

Financial Professionals break rank and support a Financial Transaction Tax (FTT)

In an important and ground-breaking move, over 50 finance industry professionals wrote a joint letter to world leaders calling for an FTT

Dave and Max’s excellent Robin Hood adventure

Find out how Stamp Out Poverty’s Director, David Hillman, got on when he ran the London 10K run to raise money for the Robin Hood Tax campaign