Event: Should we Bank on the Robin Hood Tax?

29 March 2011, 7pm, St Paul's Cathedral
Hosted by CAFOD, Tearfund, The Salvation Army and St Paul’s Institute
Missed the debate? Watch the summary video here >>>

Watch the full debate (90 mins) on YouTube

What was the debate about?

The debate focused on the extent to which the financial sector has a moral role to play in contributing to the common good and whether the Robin Hood Tax is part of the solution.

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.

Evan Davis, well known economist and BBC presenter expertly chaired the debate with panellists Baroness Shirley Williams, CEO of the Institute of Chartered Accountants in England and Wales Michael Izza, economist Michael Green and former Bishop of Worcester Rt. Revd. Peter Selby.

Hundreds of CAFOD supporters came for the event and sat alongside supporters of the other charities, City employees, MPs and faith leaders.

Christina Kelling, CAFOD’s Robin Hood Tax event manager, stated, “This event was a great opportunity to have a genuine debate about the role of our financial institutions and the need for them to contribute to the common good. The Robin Hood Tax, whilst not the silver bullet, is one step forward on the long road to financial sector reform.”