THE ROBIN HOOD TAX

This is essentially a tax on international speculation - the casino capitalism that caused the financial and banking crisis, and the current huge deficit.

A very small Robin Hood tax at a very low level (maybe 0.05%) on the value of every financial transaction between financial institutions worldwide has the potential to generate a huge amount of money, as much as £250 billion.

The Green Party would dedicate these revenues to global sustainable development - richer countries helping poorer countries.

There are no prizes for guessing that the Conservatives are bitterly opposed to this proposed tax on speculation.
Conservatives never liked anything to do with Robin Hood.
It goes against all their instincts, and would upset their banking and big business friends in the city.