Nice to see that all but 6 of the 65 French MEPs who voted were in favour (and the numbers were similar for Germany). In contrast, 46 of the 65 UK MEPs who voted were against - wonderful.
Is that enough to get an FTT introduced? Well, given the UK government's attitude (and the attitude of the UKs MEPs), it seems horribly likely that they will veto any such proposals. And given that the Tories are financed by the City, this almost seems inevitable.
Amazingly, as far as I can tell, the vote in the European Parliament got no virtually no coverage in the UK press. Even the Guardian (to which I have a subcription) said nothing.
You can read about the vote in Accountancy Age which reports that the CBI Brussels director Sean McGuire commented "This would hamper the EU's long-term competitiveness as a leading centre for financial services companies, and ultimately have a negative impact on jobs and growth". But where were the rest of the press?
Fortunately, I did find a couple of items on the BBC News channel's program "The Record" that you can see here. It includes a brief news item followed by a debate between five MEPs on the vote -
- Markus Ferber, who leads the Bavarian Centre Right MEPs
- Vicky Ford, British Conservative MEP
- Gunnar Hökmark, leader of the Swedish Centre Right MEPs,
- Philippe Lamberts, Belgian Green MEP
- Arlene McCarthy, the British Labour MEP who wrote the Parliament's report on bank bonuses last year.