Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

No, we are not. We do not disagree with a financial transactions tax in principle, but we want it on an international basis or, at a minimum, on a trans-European basis. If we introduce a financial transactions tax on financial activities in Dublin and the people in the City of London refuse to introduce such a tax, activity will move from Dublin to London; at least that would have been the case before Brexit. One could probably make a different case now; we will see what happens.