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EURO TAX OPPOSED BY THE UK - FINANCIAL DOOM ON!

 
BadMoonRising
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User ID: 727864
United Kingdom
09/28/2011 03:51 PM
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EURO TAX OPPOSED BY THE UK - FINANCIAL DOOM ON!
Bank shares have fallen in London after the UK said it would "resist" a financial transaction tax on EU members proposed by the European Commission.

The tax would raise about 57bn euros ($78bn; £50bn) a year and would come into effect at the start of 2014.

At close, Royal Bank of Scotland was behind by 3.64%, Lloyds Banking Group by 2.4%, and Barclays by 1.31%.

London would be hardest hit by the tax as the majority of banking transactions in Europe come through the city.

READ MORE AT LINK:

[link to www.bbc.co.uk]
"What The HELL Is Going On?..."

[link to www.worldending2012.org]
BadMoonRising  (OP)

User ID: 727864
United Kingdom
09/28/2011 04:02 PM
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Re: EURO TAX OPPOSED BY THE UK - FINANCIAL DOOM ON!
Take a look at this chart.

ULTRA DOOM!

[link to www.bbc.co.uk]
"What The HELL Is Going On?..."

[link to www.worldending2012.org]





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