Deputy Leader of HBC, Cllr Paul Cox, was successful in getting his motion passed at Full Council on 11th September to write to the Government in support of The Robin Hood Tax. It is requested that a tax of 0.5% is levied to the profits and bonuses of bankers to raise around £20billion which is equal to the amount raised in Council tax each year and would solve many of the country's problems.
Cllr Cox said, "Thank you to my Labour colleagues for supporting this motion, although I am disappointed that the Hyndburn Conservatives could not do the same and would prefer to support bankers. I would urge people to take a few minutes to watch this short clip and think what could be achieved with just a tiny difference that would benefit so many."
YouTube - The Banker
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