Tories would go it alone with banking levy

Posted by admin in Strategy & Planning on Mon, 22/03/2010 - 11:25
  • The Tories are ready to go it alone in imposing a levy on banks in the continuing absence of global action on this front. But Chancellor Alistair Darling accuses them of taking a "hell of a risk".
A Tory administration under David Cameron would be ready to go it alone internationally by imposing a banking levy that would take on what he called “the biggest vested interests in our country”.   The Tory leader said the UK had to take a lead in making banks more responsible to society. “We had the biggest bank bail-out in the world, we can’t just carry on as if nothing has happened, “he declared. “In America, President Obama has said he will get taxpayers back every cent they put in. Why should it be any different here?

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