Its early in Blighty and TSOs snoring is keeping me awake so its tv land for me. I stumbled on the rather dull Parliament channel where there was an interview with some eurocrats and they were about a new tax that I havent seen in the general meedja. Its called the Transaction Tax and would, they reckon, raise some 90Bn Euros, by taxing all transactions on the member countries stock exchanges. Considering that Britain the 2nd largest net giver in Euroland has such a huge stock exchange and smaller countries like Greece, the Netherlands etc. have a negligible turnover on their markets it looks like were about to be hit again. This will, of course, hit the major financial institutions here and move away inward investment from non-Euroland countries. Does anyone know about this or am I just being a cloth eared Jock at 0430? What struck my cynical mind was how it was told. It was very much a "Look, over there... a flying pig!" whilst they sneakily pillage your pockets. STOP PRESS.... Adolf Merkel's behind it in her bid to make more Lebensraum for the German economy. See http://ec.europa.eu/taxation_customs/taxation/other_taxes/financial_sector/index_en.htm Why aren't the British meedja picking up on it?