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Spending Review 2010: Osborne pledges to “extract the maximum” tax from financial services

George Osborne

Chancellor George Osborne has vowed that the financial services sector is taxed more efficiently – starting with a permanent levy on banks.

Outlining the Spending Review, the chancellor pledged to publich legislation for a permanent banking levy tomorrow.

He said: "Many hundreds of thousands of jobs across the whole United Kingdom depend

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