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Oral question asked in the House of Commons, by Dennis Skinner (Labour). It was answered by Mark Hoban (Conservative) on Tuesday, 24 April 2012 on behalf of the Treasury.


Bank Bonus Tax

Question
If he will consider imposing a further bonus tax on banks to fund job creation for young people who are unemployed.
Answer

The bank payroll tax is a one-off measure, but the Government have gone further by imposing a permanent bank levy that will raise £10 billion over the course of this Parliament. Those funds will help to pay for the youth contract, introduced this month, which will provide up to 500,000 young people with new education and employment opportunities.


Secondary information

Type
Oral question
Reference
104789 
543 c791 
Session
2010-12
Oral question type
Lead
Chamber / Committee
House of Commons chamber
Subjects
Young people Unemployment
Link
View this Oral question on www.publications.parliament.uk