A tax on banks that would give billions to tackle poverty and climate change, here and abroad.

This tax on the financial sector has the power to raise hundreds of billions every year globally. It could give a vital boost to the NHS, our schools, and the fight against child poverty in the UK – as well as tackling poverty and climate change around the world.

Word - 834.5 kb
Stephan Schulmeister, OCT 2010, The Stabilizing Potential of a FTT
PDF - 366.6 kb
Stephan Schulmeister, Pro’s and Con’s for a FTT
PDF - 185.4 kb
Peter Wahl (WEED): Response to the European Commission on FTT
PDF - 82.8 kb
Nicolas Mombrial (Oxfam): Response to European Commission on FTT

The Commission proposal for a Financial Transaction Tax (FTT) is now available online here:
- the Commission proposal (COM/2011/594)
- the impact assessment (zip 6.97 Mb)
- its summary (pdf 54 Kb)
- the citizens’ summary (pdf 24 Kb)
- the press release (IP/11/1085)
- the frequently asked questions (MEMO/11/640)