PM urged on 'Robin Hood Tax' plans

Campaigners for a tax on financial transactions have urged David Cameron to follow the lead of president Francois Hollande as he introduced a 0.2% levy on share trading in France.

The French tax, which has come into effect, is expected to raise 500 million euro (£390 million) next year and is a precursor to a wider European tax, which Britain is not expected to join.