Legal
EU finance tax will devastate the City and damage economies, reports warn
In a presentation prepared for investors and likely to be released this week, the inter-dealer broker ICAP said that the Financial Transaction Tax (FTT) would "damage mainstream economies" and that companies would find it more expensive to secure finance. In a separate report, Barclays said the "politically-motivated" FTT could cut…
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Click here to read the full story: The Telegraph