April 5, 2010
Gordon Brown on Sunday said the large economies were close to agreeing a global tax on banks that would cost the financial sector billions of pounds a year but played down expectations that a deal could be struck at the next Group of 20 meeting in June.
- A d v e r t i s e m e n t
The UK prime minister, who held talks with Angela Merkel, German chancellor, last week, said the scene was set for a “global responsibility levy”.
He said Britain, France and Germany were now broadly agreed on the need for a levy, and he hoped the US would come on board.
“Britain, France and Germany have talked about what we can do together,” he said. “We are agreed on the need for a common basis.”