Massive tax cut for the Banks


big fat georgian man

Greedy Bankers



The disgraceful, failing Tory government has gifted the greedy bankers with a  tax cut.


By reducing the levy from the  more realistic  £3.5billion imposed by Alaistair Darling last year, the fawning super-rich chancellor Gideon Osbourne has effectively given the banks a huge tax cut.  Ed balls explains all in a BBC interview here. VIDEO OF ED BALLS HERE.

Were the bankers grateful? like Hell. The chairmen and chief executives of the UK’s big four banking groups are livid that an additional £800m levy has been imposed on their banks. They are now considering refusing a scheme which would have offered businesses some small financial help with loans etc.  See Robert Pestons Blog HERE

Video of HOC clash 8th Feb Balls/Osbourne


About Councillor, Sefton MBC

Councillor, Sefton Metropolitan Borough Council, Victoria Ward, Ward Chair'
This entry was posted in Banks, BLOGS, economy, Ed Balls MP, TAX Avoidance. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s