City minister dismisses calls to axe the share tax after top fintechs push for action

City minister dismisses calls to axe the share tax after top fintechs push for action

City minister dismisses calls to axe the share tax after top fintechs push for action The City minister doubled down on the Treasury’s contentious tax on share trading yesterday after a group of the UK’s top fintech firms called for the charge to be dropped. Speaking with City A.M. at the Innovate Finance Global Summit yesterday, the Economic Secretary to the Treasury, Bim Afolami, said ditching the charge was not a priority for the government despite mounting anger in the …