Blanchflower Calls U.K. Bonus Tax a `Payback' for Banks: Video
122 views · Published 23 March 2012 · 3:24 · Indexed 27 September 2026
Channel: Bloomberg Originals · 2012 · Entertainment
Dec. 10 (Bloomberg) -- Former Bank of England policy maker David Blanchflower talks with Bloomberg's Erik Schatzker and Deirdre Bolton about the U.K. government's plan to levy a tax on bankers' bonuses.
Chancellor of the Exchequer Alistair Darling yesterday announced plans to impose a 50 percent levy on discretionary bonuses greater than 25,000 pounds ($41,000) before the end of Britain's tax year on April 5. (Source: Bloomberg)
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