IRISH GOVERNMENT SCRAPS 90 PER CENT BANK BONUS TAX PLAN

IRISH finance minister Brian Lenihan (pictured, left) yesterday admitted its plan to tax bank bonuses at 90 per cent may not be enforced. He said “immense legal difficulties” meant the plan may be left out of the finance bill now being fast-tracked through parliament. The bill must be passed by Friday to allow an election next month.
Picture: PA