Lord Lawson slams FTT as 'perverse and unacceptable'

Jackson, Gary
May 2013
Money Marketing (Online Edition);5/31/2013, p13
The article reports that former British chancellor Nigel Lawson has criticized the European Union's (EU) proposed financial transaction tax, describing it as 'perverse and unacceptable' levy. He says that the EU's new regulation will drive business from London, England to New York, and the union is engaged in a 'misconceived regulatory activism" for the financial services industry.


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