I've written (with the help of a couple of friends) an anti-FTT document that will be posted on tortoise's website in the near future.
It's a direct response to the pro-FTT propaganda. It addresses the fundamental issues such as who actually pays the tax, Britain's so-called FTT (that really isn't), etc., etc. This document uses the many articles posted here to address each of the major issues.
I'm looking for feedback on the document before it's posted on the web and I'd like to send it to anyone here who's interested in reviewing it.
If you'd like to see the current draft of the anti-FTT document and provide feedback, please send me a PM with an email address at which you can receive an attached pdf document.
From reading both the ft article and the euroactiv piece it sounds to me anyway that the ftt (at least in it's current) form is pretty much dead. They mention an EU stamp tax (including derivatives) which I would think the UK would oppose (the derivative part). The other idea being tossed around is a financial activity tax (FAT) which was mentioned both by Germany (Schauble) and Denmark. It seems as though finally the reality that the ftt just isn't feasible is starting to sink in