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Quoted in local media as expert on bank levy

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Description

Gareth Quested, a researcher with the Big Innovation Centre, a joint venture between the Work Foundation and Lancaster University, said: “The raising of the bank levy from 0.142 per cent to 0.156 per cent, along with measures to widen its tax base, are unlikely to have any material effect on the banking sector.

“For the financial sector to effectively help the wider economy, we need a greater focus on creating new banking business models and ways to better finance innovative firms.”

http://www.yorkshirepost.co.uk/business/business-news/levy-on-the-banks-to-increase-1-6298758

Period6/12/2013

Gareth Quested, a researcher with the Big Innovation Centre, a joint venture between the Work Foundation and Lancaster University, said: “The raising of the bank levy from 0.142 per cent to 0.156 per cent, along with measures to widen its tax base, are unlikely to have any material effect on the banking sector.

“For the financial sector to effectively help the wider economy, we need a greater focus on creating new banking business models and ways to better finance innovative firms.”

http://www.yorkshirepost.co.uk/business/business-news/levy-on-the-banks-to-increase-1-6298758

References

TitleQuoted in local media as expert on bank levy
Date6/12/13
PersonsGareth Quested