City centre protesters set out demands for a ‘Robin Hood’ tax of the UK’s banks

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PROTESTERS gathered in Portsmouth city centre yesterday to campaign for a ‘Robin Hood’ tax.

Charity workers and students stood outside Lloyds bank, in Commercial Road, calling for the UK’s biggest financial organisations to donate to the national economy.

Organiser Owen Plunkett, 76, pictured with the megaphone, said: ‘We are very angry.

‘These banks were bailed out by the taxpayer, yet now they are paying out bonuses of £7bn. We think they should donate a small amount of their cash to help the national economy.’

The campaigners are calling for banks to pay 0.05 per cent of the value of their largest transactions – 50p per £1,000 – back to the state.

They believe it can raise £20bn per year.

Mr Plunkett, a retired Waterlooville resident, said: ‘It’s good to let people know about the campaign and lots of them have been supportive. People are very angry, and we think the cash would be better used to help schools, libraries and the NHS.’

The Portsmouth Action Group (Oxfam) member, added: ‘We hope people will join us. They can call on (023) 9225 4959.’