David Cameron promises to ‘safeguard’ City interests in Europe
David Cameron has promised to ‘safeguard’ City interests during the European Heads of State meetings that will be taking place today and tomorrow.
His comments were followed by news in the Financial Times today that the hedge fund sector is now the largest donor to the Conservative Party, contributing £2.2m since the 2010 general election.
David Hillman, spokesperson for the Robin Hood Tax Campaign, said:
“Cameron and Osborne should be going to Europe with all guns blazing to protect the interests of the UK public, not to lobby on behalf of the City.”
“An unrestrained financial sector is no basis for a secure economic future. The last financial crisis cost us at least £1.8 trillion according to the Bank of England – the entire size of our GDP. It’s time the banks paid their fair share.”
Comments
#1 europe
This gov't is not interested in promoting growth in anything other than their own bank balances - or 'off shore' accounts. They and their 'city' buddies create wealth for the limited few. They promote the 'bulldog' image - inbred and frothing at the mouth - which would not be welcome in Europe anyway because they don't have their pet passport!
#2 A Suggestion
I believe an automated electronic transaction tax implemented by National treasuries would eliminate all other forms of taxation and generate more money. A .1% tax, .05% paid by sender, and .05% paid by receiver automatically deposited into the treasuries of the sending/receiving nations would allow elimination of the IRS and other tax related jobs that are now a drain on the economy. Many thousands would then be available to provide a positive production. There are No Loopholes. A poor person seldom moves money more than once, and just do the math on how many trillions of currency are moved every day by the wealth makers. There is no doubt about what the tax will be, or hope for a new loophole. The rich are not rich because they like to sit on their money. Have I missed something, or would this work?
#3 Contributions to Tory funds
Since contibutions to Tory Funds of a mere £2M can win hedge funds such support from David Cameron, if I win the lottery I will offer him double to support the poor. Why hasn't someone thought of it before!!
#4 When there is no seperation
When there is no seperation between government and business, it is called Fascism.
#5 anglo-saxon mission
PLEASE SEE INTERWIEV WITH BILL RYAN FROM PROJECT AVALON TO UNDERSTAND WHY SOME POLITICS PROTECT BANKERS INTEREST.
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