PM wages war over Tobin Tax

[27 January 2012, CITY A.M.] On 27 January, Juliet Samuel writing on CITY A.M. reported that the Prime Minister mounted a fresh offensive against proposals for a Tobin tax yesterday, adding to growing concerns in some sections of Brussels that the UK will eventually hold a vote on leaving the EU. The Prime Minister told a hall of delegates at Davos that the tax policy was “simply madness” at a time when “five EU Member States are now less competitive than even sclerotic Iran” – a comparison unlikely to win him many friends on the continent. 

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