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Bank levy a failure, says Labour party

The Guardian - 14 Apr 2013 23:01
Bank levy a failure, says Labour party Labour says bank levy has raised £2bn less than planned and should be supplemented with tax on fat cat bankers The Labour party has branded the government's bank levy a failure after releasing figures showing that over the past two years it has raised almost £2bn less than planned. Chris Leslie, Labour Treasury spokesman, said this amounted to a "tax cut of nearly £2bn for the banks" and reinforced the case for the tax on bank bonuses that Labour proposes. The Treasury did not contest the fig...
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