Reuters: Regulatory News: UK's Cameron: EU finance tax would drive away business

Reuters: Regulatory News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

UK's Cameron: EU finance tax would drive away business Jun 7th 2012, 13:17 BERLIN, June 7 | Thu Jun 7, 2012 9:17am EDT BERLIN, June 7 (Reuters) - British Prime Minister David Cameron reiterated his opposition to a financial transaction tax on Thursday, saying in Berlin that it would drive away business to areas of the world which don't have such a tax. Speaking to students with German Chancellor Angela Merkel and Norway's Jens Stoltenberg at Merkel's office, Cameron also ruled out once more any chance of Britain joining the Merkel-led "fiscal compact" for budget discipline, agreed by 25 EU states. "There are some things that angry people would like us to do, and some not so angry people, like a financial transactions tax that in my view would drive a lot of financial services to whatever country didn't have them," he said. "That would be a bad policy because it would mean fewer jobs and would be bad for our economy," said Cameron.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions