Archbishop throws his weight behind cathedral protesters
Published 02/11/2011 | 05:00
THE Archbishop of Canterbury last night threw his weight behind the St Paul's Cathedral protesters as he called for a new tax on banks.
Dr Rowan Williams said that the Church of England had a "proper interest in the ethics of the financial world" and warned there had been "little visible change in banking practices" following the recession.
He urged David Cameron and George Osborne to drop their opposition to a European-wide tax on financial transactions, which is expected to be formally proposed by the French and German governments at tomorrow's G20 summit.
"Many people are frustrated beyond measure at what they see as the disastrous effects of global capitalism; but it isn't easy to say what we should do differently," Dr Williams said.
The archbishop's intervention came after the church and Corporation of London agreed to suspend plans to evict protesters who have been camped on the doorstep of St Paul's Cathedral for more than a week. (© Daily Telegraph, London)