A Sterling Solution: Implementing a Stamp Duty on Sterling to Finance International Development

Spratt S, 2006 Intelligence Capital and Stamp Out Poverty

The report, written by City think-tank Intelligence Capital, details for the first time how the UK government can unilaterally implement a stamp duty on sterling currency transactions.

It sets out how this could be ‘plumbed in’ to the current system in a cost-effective way that causes minimal disruption to sterling currency markets, but has the potential to raise significant sums for international development – more than US$2 billion annually.

Please download the A Sterling Solution document as a pdf (336KB).