It's time for Tobin

War on Want created the Tobin Tax Network in the UK to campaign for a tax on currency transactions. The work on currency transaction taxes and other innovative forms of development finance has been carried on by the Stamp Out Poverty coalition. The campaign reached a new peak in 2010 as a result of the economic crisis, with calls for a financial transactions tax to cover trading in currencies, shares and derivatives.

The film below, produced as part of War on Want's original Tobin Tax campaign, shows what happens when currency speculators prey on developing economies. Our thanks to Radiohead and Ewan McGregor for their contributions.

Visit Stamp Out Poverty to find out more about currency transaction taxes and other innovative ways of bridging the funding gap required to bring the world's poorest people out of poverty.

Latest news

Indian workers protest draconian government measures which undermine their rights

22 May 2020 - 3:00pm

As many thousands of workers face destitution and hunger as a result of the Covid-19 pandemic, we stand in solidarity with workers across India who today are protesting the government’s use of the pandemic to introduce anti-worker labour laws. 

Organisations such as Cividep India are working hard to expose the impact that the pandemic and lockdown measures are having on an already vulnerable workforce. 

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Government succeeds in advancing Trade Bill which ‘erodes the power of Parliament to nothing’

21 May 2020 - 12:00pm

Press Comment

21 May 2020

The government has succeeded in advancing the Trade Bill through Parliament - despite broad opposition through reasoned amendments from Caroline Lucas MP, Keir Starmer MP and Sarah Olney MP. Emily Thornberry MP called the bill “a massive missed opportunity for our country” which “erodes the power of Parliament to nothing”. Responding to the news, Leah Sullivan, Trade Campaigner at War on Want, says:

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