Darling: bankers’ super tax failed
Honesty is an attractive though rare quality in a politician, and Alistair Darling’s self-awareness and morose delivery always grabs attention. Last night, the former chancellor told a conference of bankers that the 50 percent levy on bonuses over £25,000 was a failure. The FT reports him saying: ‘I think it will be a one-off thing because, frankly, the very people you are after here are very good at getting out of these things and . . . will find all sorts of imaginative ways of avoiding it in the future… what I wanted to do was send a message to them that we all live in the same world together.’