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Friday, 02/21/2014 1:05:03 PM

Friday, February 21, 2014 1:05:03 PM

Post# of 6760
EU 'Robin Hood' tax could wipe £3.6bn off British pensions
http://goingglobaleastmeetswest.blogspot.com/2014/02/eu-robin-hood-tax-could-wipe-36bn-off.html

February 19, 2014

EU 'Robin Hood' tax could wipe £3.6bn off British pensions

Economists fear the impact of the so-called “Robin Hood” tax on the UK could be considerable even though the measure is designed to cover only the eurozone.

A report, produced by London Economics for the City of London Corporation, intensified anger about Brussels meddling in the financial ­sector.

Mark Field, Tory MP for London and Westminster, said: “This measure would have a major impact on British ­savers.

“I am very supportive of the Government’s continuing resistance to having this tax imposed within the European Union.”

The European Commission unveiled detailed proposals for a financial transaction tax a year ago.

CLICK HERE FOR FULL ARTICLE

http://www.express.co.uk/news/world/460565/EU-Robin-Hood-tax-could-wipe-3-6bn-off-British-pensions

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