A new tax for the banks; The United Kingdom will try to cut deficit dramatically

he new British Government, proposed to charge financial the system with a new tax up to 8000 millions of pounds, to contain the growth of national debt.

According The Independent on Sunday, this figure, is three times higher than the offered in a beginning by the finance ministry , George Osborne, and is a indicative that The United Kingdom needs drastic measures in front of the serious problem with the national debt.

According the newspaper, The size of the new tax, points that the government is planning announce in his first budget, next June 22th, an increase of the VAT from the current 17.5% to a 19 or 20%.

Meanwhile, other newspaper, “The Daily Telegraph”, affirms have seen the draft of the so called “speech of the Queen”, program of the new Government, that will read the Queen in the aperture of the new parliament, this Tuesday , and that declares as a first priority “reduce deficit and resume Economic Growth”

“My Government will try to build a new strong and just society reforming public services and fomenting individual and social responsibility”, will say the Queen in this speech.

The conservatives, declared his intention to delete a lot of the hundreds of assessment organisms, regional development agencies, and other entities created by previous laborist governments, and that meanwhile, are having a maintenance costs of more than 90.000 millions of pounds.

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