Oxfam South West will hand over a ‘final demand’ at a Bristol bank on Wednesday (February 16), calling for a tax on the financial sector to help alleviate poverty at home and abroad.
As part of a global day of action, involving organizations such as Comic Relief, Christian Aid, Friends of the Earth and Unite, the charity’s supporters will be at the HSBC bank on College Green, calling for a Robin Hood Tax on financial transactions.
The action comes as bonuses for bankers are revealed. A fresh wave of public anger has been ignited by news that banks are predicted to scoop bonuses of £7bn in the UK while at the same time public spending cuts start to bite.
Meanwhile, Britain's biggest banks are poised to reveal more eye-watering profits, with city analysts predicting combined profits of around £24 billion from four banking giants - HSBC, Barclays, Lloyds and Standard Chartered.