Eurozone Crisis
Oral Answers to Questions — Leader of the House
11:34 am
Mark Hoban (Financial Secretary, HM Treasury; Fareham, Conservative)
We have said we are not against a financial transaction tax in principle, but it does need to be applied globally. The EU’s own impact assessment demonstrates that an EU-only financial transaction tax would destroy jobs and increase unemployment. It is a bad idea at a time when Europe needs jobs and growth.