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A European tax on financial transactions would be fair, practical and popular and could raise as much as €210 billion to tackle poverty and climate change, according to Oxfam's new report.

A poll commissioned by Oxfam and carried out in six European countries found a majority of people in the UK, Germany, France, Spain and Italy all support a Robin Hood Tax.

Some of Europe’s biggest film stars came together to launch today a new short film Future News, directed by David Yates, which brings to light the enormous potential of a Robin Hood Tax.

International aid agency Oxfam today releases a digital edition of its report Growing a Better Future: Food justice in a resource constrained world, to coincide with the beginning of ‘GROW Week’ – a week of activism highlighting the world’s broken food system.

The world’s leading economies must act now to stop the price of basic foods from surging further out of the reach of poor people. They must also commit to a Financial Transaction Tax (FTT) to help millions of people hit by the economic crisis and climate change.

“Today President Sarkozy signaled that a number of ‘lead’ countries could forge ahead this year with a tiny levy on financial transactions – a Robin Hood tax – and that he is confident othe

The UN Secretary-General has called the World Humanitarian Summit in 2016 ‘to make humanitarian action fit for the future'. Tens of millions of people receive humanitarian aid every year, but millions more suffer without adequate help and protection, and their number is relentlessly rising.

Elise Ford, Head of Oxfam’s EU office, said:

South Africa is facing its smallest maize harvest since 2007 this year as record-high temperatures and drought continue to hit its agricultural sector. According the government’s Crop Estimates Committee, only 7.44 million tons of maize is likely to be harvested in 2016 - that’s 25 percent less than the 9.94 million tons reaped.

A broad coalition of NGOs, political organizations and trade unions today (7 September), called on EU Finance Ministers to recognize the merits of an European-wide Financial Transaction Tax (FTT), particularly as austerity measures begin to be felt throughout the EU.