Miliband’s war on hedge funds could damage City of London

Telegraph – Ed Miliband’s plans to wage war on hedge funds could be potentially more damaging to the City of London than even the financial transaction tax (FTT), senior banking sources warned on Tuesday night.

The Leader of the Opposition took aim at a number of industries as part of his move to raise more than £2.5bn from the private sector to help fund the National Health Service should Labour be elected at next May’s general election.

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