A desperate and largely unknown humanitarian crisis is deteriorating in the Lake Chad Basin region of West Africa, forcing millions of people to flee their homes and leaving millions more in need of humanitarian assistance. Oxfam is providing life-saving support but help is urgently needed to prevent the crisis turning into a catastrophe.
Oxfam response to UK Government's decision to launch legal challenge to plans for a European Financial Transaction Tax
Responding to the UK Government's decision to launch a legal challenge to plans for a European Financial Transaction Tax, Nicolas Mombrial, Oxfam EU policy adviser, said:
“The UK government has lost the moral argument; they’ve lost the political argument; so now they are resorting to lawyers.
“The fact is that people across Europe want the financial sector to pay more to repair the damage they caused. An FTT offers a real opportunity to help people at home and in poor countries who have been hit by the economic crisis.
“The UK is guilty of rank hypocrisy – its own stamp duty on shares applies to trades involving European Banks even if they take place in Europe.”
OxfamGB Acting Head of News
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