St Paul's Cathedral hosts Robin Hood Tax debate

By staff writers
29 Mar 2011

St Paul’s Institute, CAFOD, Tearfund and The Salvation Army have come together to host a panel debate about economics and social justice, in St Paul’s Cathedral on Tuesday 29 March 2011 at 7.00pm.

The debate asked to what extent banks have a responsibility to contribute to the common good and if the proposed Robin Hood Tax is the solution.

The evening was chaired by Evan Davis, economist and BBC presenter for the BBC Radio 4 Today programme, and TV hit show Dragons’ Den.

The panel included: Ken Costa, Chairman of Lazard International; the Rt Rev Peter Selby, Former Bishop of Worcester; Michael Izza, CEO, Institute of Chartered Accountants; and Baroness Shirley Williams, House of Lords

Public discussion on this topic has been stirred by the Robin Hood Tax campaign, which proposes an additional tax on the financial sector to raise billions of pounds that could be used to fight poverty and climate change both here and abroad.

This debate examined the viability of a financial transaction tax on banks within the wider context of exploring innovative sources of finance dedicated to good causes.

BBC presenter Evan Davis, who chaired the debate, said beforehand: "It’s not often that taxes get people very excited - unless it’s to grumble about them - so it’s fascinating to see the Robin Hood tax proposal generate such a lively debate. I’m looking forward to hearing both sides make their case."

Ekklesia is affiliated to the Robin Hood Tax Campaign - http://robinhoodtax.org/

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