Brussels Blocking British Banker Bashing

On the day the German Finance minister Wolfgang Schäuble declared war on the City of London by announcing the EU will take “a global lead in introducing a financial transaction tax to curb speculative trading”, maybe the left will finally have something to get angry about in regard to the EU’s stranglehold over the UK’s sovereignty…

Emily Nomates, formerly of this parish, has got hold of Treasury documents over at CityAM that show “UK authorities are currently locked in fractious negotiations with Brussels” over the whether the plans set out in the Vickers Review are legal under new EU capital rules. The whole story is here but essentially the Treasury suggest their plans to reform the banking sector are being blocked from above.

Maybe the occupiers should target Brussels for letting the bankers off…



Tip offs: 0709 284 0531
team@Order-order.com

GuidoFawkes Quote of the Day

Jean-Claude Juncker:

“We will never let the Greek people down. And we know the Greek people don’t want to let down the European Union.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

IDS Expenses Row IDS Expenses Row
Questions Channel 4 News Don’t Want to Ask Questions Channel 4 News Don’t Want to Ask
Zac and Boris Warn Dave Zac and Boris Warn Dave
NHS UN-APPY NHS UN-APPY
MP Shagging His Secretary on Highest Paygrade MP Shagging His Secretary on Highest Paygrade
Owen Jones Gets Owned Owen Jones Gets Owned

Read Sajid Javid Speech Slamming CBI Read Sajid Javid Speech Slamming CBI
Watch: BBC3 Greatest Hits Watch: BBC3 Greatest Hits
LORD DEBEN’S CLIMATE ALARMISM LORD DEBEN’S CLIMATE ALARMISM
WATCH: Terror Training Exercise in London WATCH: Terror Training Exercise in London
Meet the Next Generation of Troughing MPs Meet the Next Generation of Troughing MPs
Boris on £275,000 at Telegraph Boris on £275,000 at Telegraph
Supercar Socialist Polly Toynbee Supercar Socialist Polly Toynbee
Read CPS Janner Statement in Full Read CPS Janner Statement in Full
UKIP Broke, Homeless UKIP Broke, Homeless
Doctors: Capitalism ‘Conflicts With Health and Public Interest’ Doctors: Capitalism ‘Conflicts With Health and Public Interest’
Gates: Capitalism Innovates to Save Planet Gates: Capitalism Innovates to Save Planet
Guido’s Column Guido’s Column
Awkward Ed Miliband Moments: Nick Clegg Edition Awkward Ed Miliband Moments: Nick Clegg Edition