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Banking reform A banking levy will be introduced.
We agree that a banking levy will be introduced.
Promise: "We will introduce a banking levy and seek a detailed agreement on implementation".
But the previous government claimed that it couldn't even proceed with a banking levy without full international agreement.
The European leaders, meeting in Brussels, also renewed their pledge to press for a banking levy and a possible transaction tax at the global level.
Osborne added that the banking sector would be expected to make a greater contribution, with a banking levy introduced from next January.
Similar(50)
A bank levy – coming up.
They bottled a bank levy when they had the chance.
Earlier Labour proposals such as a bank levy have been overtaken by other priorities.
But Europe's idea of using a bank levy to capitalize a sovereign crisis fund is circular — and dangerous.
With financial reform passed and a bank levy looking unlikely, big banks have been anticipating some time away from the political spotlight's harsh glare.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com