Cameron Declares Brussels Victory to End ‘Tampon Tax’

Prime Minister David Cameron won backing at a European Union summit on Thursday to end the so-called “tampon tax” that has become a political football for Britons campaigning to leave the EU in a June referendum.

“We’re a step closer to ending the tampon tax,” a British government spokeswoman told reporters after EU leaders agreed to express support in the summit statement for an adjustment to UK value-add tax (VAT) on women’s sanitary products.

“It shows we can come to Brussels and get people to listen,” she added during a meeting dominated by Europe’s migrant crisis.

Reuters

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Craig Erlam

Craig Erlam

Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam