Britain to introduce bank levy
Britain's finance minister George Osborne confirmed yesterday that his emergency budget to be unveiled this week will include a banking levy.
The chancellor of the exchequer said it would be part of the budget that he will announce in parliament on Tuesday.
"What I'm determined to do is to make sure that the measures are tough but they're also fair," Osborne told BBC television.
"What we're clear about is that all parts of society are going to have to make a contribution.”
"I'm going to ask the banks to pay a bank levy so there will be a contribution from them," he said.
“We are going to have better regulated banks, it's going to be tougher regulation and we're also going to look at the structure of banking.
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