The UK government has been one of the staunchest opponents of the financial transaction tax (FTT). But the opposition Labour party is warming up to the idea, and with the party substantially ahead in the polls, it could put the UK on course to support the FTT after the 2015 general election.
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Two months since EU political agreement on pillar two and few member states have made progress on new national laws, but the arrival of OECD technical guidance should quicken the pace. Ralph Cunningham reports.