The Live Wire



Press Release

London First responds to plans for EU financial transactions tax

29 September 2011

Responding to plans for a EU Financial Transactions tax, Baroness Jo Valentine, Chief Executive of London First, said:

“The European Commission's own research has already estimated that this tax could reduce long term growth by over 1.75% annually. Taxing-footloose financial service transactions in London and the rest of the EU, but not in other financial centres like New York and Singapore will result in less business being done here - leading to fewer jobs, lower tax revenues and less business for all those companies who service the sector.”



Press releases, papers and documents published on this page are the intellectual property of an organisation unrelated to Central Lobby. We promote their parliamentary and political campaigning activities as they are subscribers to the Central Lobby service.

As such, Central Lobby does not edit, endorse, or attempt to balance the opinions expressed on this page. The content of press releases and other such types of content are the responsibility of the originating organisation.

London First

London First

More from Dods

© Dods Parliamentary Communications Ltd