London woos banks

Boris Johnson, pictured, has called on major European banks to consider relocating their headquarters to London if Europe goes ahead with plans to implement a financial transaction tax. The mayor of London said banks across the eurozone were expected to flock to Britain if the European Union introduces the new charge, which would tax trading by financial institutions.

Boris Johnson, pictured, has called on major European banks to consider relocating their headquarters to London if Europe goes ahead with plans to implement a financial transaction tax. The mayor of London said banks across the eurozone were expected to flock to Britain if the European Union introduces the new charge, which would tax trading by financial institutions.

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