Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-02-15-Speech-3-223-000"
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"en.20120215.18.3-223-000"2
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"Mr President, I have opposed this own-initiative report on employment and social aspects of the Annual Growth Survey for the reason – amongst others – that it continues to support a European and not a global financial transaction tax. The report calls on the European Council to set up a tax on financial transactions to enhance sustainable job creation. I am afraid that this cannot even be considered by politicians claiming to represent the interests of the British people.
In fact, it is also ridiculous to talk of job creation as a result of such a tax, which would have a disastrous effect on some of the 1.9 million people employed in our financial sector in the City of London and beyond. I will not vote in favour of a report which proposes a tax that could harm jobs for the people from my constituency in the East Midlands, many of whom commute to London every day. It is time for the rest of Europe to wake up and realise that Britain will defend her interests and will not be bullied into accepting disproportionate responsibility for euro area failure."@en1
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