Britain stepped up its push for a global tax on financial transactions Monday as part of broad plans to reform the banking sector following the financial crisis, amid concerns that the US may act alone.
Prime Minister Gordon Brown insisted that his proposal for an international levy on financial transactions was "gathering support around the world," a day after Chancellor Alistair Darling hit out at US proposals.
Meanwhile Paul Myners, the financial services minister, said international agreement on an extraordinary bank levy "would be the most important legacy" of the state-led response to the financial crisis.
Over. My. Dead. Body.