Vidal-Folch’s response to the City of London: “rubbish”
In last Thursday’s edition, the Spanish newspaper El País included in its business pages an opinion piece by journalist Xavier Vidal-Folch about the systematic opposition of the City of London to the Tobin tax. The main thesis of the article is that London is blocking the tax to protect speculators and tax havens. With this idea as the main point, Vidal-Folch reels out facts and reflections, some of which we…