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 UK: Bankers attack Darling's plans for a global tax

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UK: Bankers attack Darling's plans for a global tax Vide
PostSubject: UK: Bankers attack Darling's plans for a global tax   UK: Bankers attack Darling's plans for a global tax Icon_minitimeSun Mar 21, 2010 3:38 am
Leading City figures hit out this weekend at plans to slap a global tax on investment banks and institutions, set to be detailed by the Chancellor, Alistair Darling, in this week's Budget.

Mr Darling is expected to back a new levy on large banks, funds and companies that pose a systemic risk. Controversially, he will also call for the levied cash to go straight to the Exchequer rather than to a global banks' insurance fund. He will say that Britain's support for a banks' tax would be predicated on international agreement for implementation.

http://www.independent.co.uk/news/business/news/bankers-attack-darlings-plans-for-a-global-tax-1924625.html
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