Watch this space
This is another initiative which British Prime Minister and Labour Party leader Gordon Brown can take credit for.
As the report notes:
Quite so. Widening the tax base to help reduce the deficit?
A Tobin Tax, named after the Nobel Prize winning economist James Tobin, was originally designed to raise funds for developing nations.
However, following the financial crisis, the tax is now seen by many as a possible way to help insure against future crises.