Labour would raise bank levy after 2015 election

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
U.K. opposition Labour party plans to increase the bank levy to make free health care for children more affordable for working families. Currently the bank tax rate is 0.105%, raising 2.5 billion pounds a year, but Labour is going to collect 800 million pounds more. The opposition party has already announced a 27.9 billion more budget spending during the first year if it wins the general election in 2015.
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