British PM heralds global bank levy

gordon-brown

Gordon Brown, the British prime minister, said on Wednesday that there more and more support among world leaders on a global bank tax.

Brown told the Financial Times, a newspaper, that global economic leaders were "now prepared to consider the best mechanism by which a levy could be raised," pointing to the Financial Crisis Responsibility Fee proposed in January by Barack Obama, the US president, as a rallying force. The Obama plan would apply to financial firms with assets in excess of $50 bill

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