British PM says Tobin tax worth a look


Gordon Brown, Britain's prime minister, has said a tax on financial transactions aimed at limiting the size of the banking industry was "worth looking at".

The Associated Press, a newswire, reported Brown telling journalists on Monday that a Tobin tax was worthy of consideration.

The idea has broad support at the European Union level, with senior Brussels bureaucrats, and the French, German and Italian heads of state all coming out in favour of the levy.

Brown, however, warned last week that the

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