Warning Bank Levy Could Lead to Job Losses

  • Alper KaraLoughborough University

Press/Media: Expert Comment


A new £2.5bn a year bank levy could lead to job losses because it might encourage large financial services firms to leave Britain, an expert warned. Dr Alper Kara, of Hull University Business School, argued that any steps to make the UK's banking sector less competitive would lead to cuts in financial services, which could harm Yorkshire's economy.

Period21 Oct 2010

Media contributions


Media contributions