Published 11/07/2009 by Nasdaq
UK Darling:Financial Sector Levy Idea "Will Take Time" To Develop
ST ANDREWS, Scotland -(Dow Jones)- The possibility of a financial transactions tax or insurance levy on banks to pay for the cost of cleaning up future financial crises will take time to develop and need universal approval U.K. Chancellor of the Exchequer Alistair Darling said Saturday.
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