LME has been busy making the case why progressives in the UK need to engage better with policy making and governance on the EU level to Compass Conference delegates on June 12. Supporting PES, PES activists and Europeans for Financial Reform’s campaign to REGULATE GLOBAL FINANCE and introduce a FINANCIAL TRANSACTION TAX (if not globally then at least within the Single European Market.)
www.pes.org
www.europeansforfinancialreform.org

On April 24 right across Europe, progressives and activists from the Party of European Socialists (PES) will be participating in a day of action to call for an international financial transaction tax. Play your part in the London event of this Pan-European Campaign Day.

We’ll meet at 10am at 11 Market Way, E14 6AH next to Chrisp Street Market.
[It's close to All Saints and Langdon Park DLR stations - the Bus Number 15 also goes there.]
The financial crisis has already cost 7 million Europeans their jobs. The cost of the bail outs and intervention measures has been estimated by the PES to have cost each European €6,000 in extra public debt by the end of 2011.
Over the last 15 years, the number of financial transactions has increased by 450%. We are therefore calling for a financial transaction tax, (sometimes known as a ‘Robin Hood’ or ‘Tobin’ tax) of 0.05%, so that this massive flow of money, produces more social good.
A small tax on these transactions could help fund public services and help the world meet the UN Millennium Development Goals, to ensure that as we re-build our economy, we all benefit from this growth.

You can find further information on the European campaign is at: http://europeansforfinancialreform.org/

Please watch ‘The Vandal Banker’ and see where else in Europe FTT activities will take place. http://www.pes.org/en/financial-transaction-tax/pes-european-day-of-action

10:30 – 11:30 Event:

leaf letting passersby, taking pictures and recording short clips to upload to the PES Action Day website. Play your local part in a Pan-Eurpean event with a global goal.
We will be joined by Jim Fitzpatrick MP and Claude Moraes MEP and are expecting considerable media interest in the event.

To RSVP and to request further information on the social, environmental and macro-economic benefits of a financial transaction tax please email lme.lse@hotmail.co.uk or call David Schoibl on 07976 252 768.