The Robin Hood Tax Campaign has called on George Osborne to include in his Emergency Budget a tax on the financial sector that could help prevent some of the cuts in public spending that will have the most impact on the poor and vulnerable.
Robin Hood Tax campaigners from across the world will be taking part in Make Finance Pay Week, a global event aimed at making the financial sector take responsibility for its part in the global recession.
Opinion is divided about how far the International Monetary Fund (IMF) has gone in its proposals for how to make the banks pay for the crisis, says Owen Tudor. For some, it has taken some unexpectedly radical steps forward, but for others it has not yet produced an adequate solution.
While billions have gone to banks and brokers in bailouts and bonuses, the main parties are competing with each other over how much needs to be lopped off public services in order to reduce national debt and keep the IMF happy.