Mayor Boris Johnson fails to understand FTT by calling on European banks to headquarter in London

Salman Shaheen

July 23 2013

London Mayor Boris Johnson has called on German, Italian and Spanish banks to move their headquarters to London to avoid the financial transaction tax (FTT). But in doing so he has failed to understand how the tax will actually work.

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Salman Shaheen

Salman Shaheen worked at ITR between 2010 and 2017

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