Treasury written question – answered at on 14 September 2018.
To ask the Chancellor of the Exchequer, what assessment he has made of the potential merits of introducing a Spahn tax on currency transactions.
The Government has made no assessment of introducing a Spahn tax on currency transactions.
As per the Exchange Equalisation Account Act 1979, the Government’s official reserves are available for checking undue fluctuations in the exchange value of sterling.
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