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PPI Claim News - 22/3/2010

Bank Charges: Bankers hit out at Darling's plan for levy

Bankers from Britain's top financial institutions have hit out at Alistair Darling over proposals to introduce a levy.

The chancellor has revealed his intention to implement a transaction levy on UK banks in a bid to raise billions of pounds for the economy.

But despite the move having gained even the support of the opposition party, the Conservatives, whose leader David Cameron said he would enforce a bank levy if he is elected in May, bankers have openly attacked the plans.

They claim that without an international agreement, taxation in the UK alone would drive the top talent abroad and hinder our banking sector.

Mr Darling claims that the levy would go to the treasury to repay the billions of pounds in public money given to the banks in support during the financial crash.

For now, Britain's bankers will have to wait with baited breath until Mr Darling delivers his 2010 Budget report on Wednesday.

US president Barack Obama recently stated that the US would initiate such as system, saying that he intends to make sure the banks pay back "every dime" they have received in taxpayer support.

For help making a PPI Claim, Loan claim, PPI reclaim, or a credit card charges claim then call Belmont on 0845 526 0000 or fill in the Quick Claim box to be sent a PPI Claim form, Loan Claim form, PPI reclaim form or credit card charges form.ADNFCR-2776-ID-19681249-ADNFCR

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