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Archbishop of Caterbury calls for 'Robin Hood' tax

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Archbishop of Caterbury calls for 'Robin Hood' tax


The Archbishop of Caterbury, Rowan Williams, has given his support to a muti-billion pound so called “Robin Hood” tax – also known as a Tobin tax – on financial transactions.

In an article in the British Newspaper, the Financial Times, he supported “the moral agenda” of the protesters and says that many people see the protest “as the expression of a widespread and deep exasperation with the financial establishment.”

There are now around 200 tents set up near St Paul’s Cathedral, although there was initial hostility between the two parties, the protesters feel good about their relationship.

One protester said: “I think when Rowan Williams speaks up about it, he speaks to those people he speaks to middle England, this isn’t a fringe issue, this isn’t something on the hard left. This is an issue that concerns all people.”

Some say the statement by with Archbishop is an attempt to find a peaceful resolution to the occupation.

Meanwhile,The British Prime minister, David Cameron, has ruled out any such tax in Britain without it being brought in worldwide. And said that they must be careful, that the call for this tax must not be used as an excuse by other countries to be let off on their aid payments.

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