financial transaction tax

Financial transaction tax

Britain must adopt a financial transaction tax

Eleven EU member states are pushing ahead with a plan to introduce a tiny tax on financial transactions. Four of Europe’s five largest economies are among them. Guess which one is missing? The UK House of Lords EU Subcommittee on Economic and Financial Affairs this week came out railing against the financial transaction tax (FTT), […]

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Britain must back the EU's financial transaction tax

Britain must support the financial transaction tax, it’s only fair

Once upon a time, the financial transaction tax (FTT) was the stuff of legend, supported only by radical economists and written off by the European Commission as unfeasible unless introduced on a global scale. But now, with 11 member states moving forward with the Commission’s ambitious plan to place a 0.1% tax on transactions in

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