UK chancellor Alistair Darling has ruled out copying US president Barack Obama's plan for a tax on banks that the taxpayer has bailed out.
Mr Obama has said that banks and financial institutions that had been provided backing by the government should be taxed 0.15 per cent on the liabilities.
It is hoped that the tax will help to recoup the $90 billion (£55.1 billion) that was spent in rescuing the banks from going under.
When asked by the Scotsman if the UK was considering a similar tax Mr Darling said: "No, we are not. The Americans are doing something different."
In the UK a one-off 50 per cent levy on large bank bonuses has already been imposed in an attempt to recover some of the £850 billion of taxpayer money that was spent in bailing out the banks.
However, last month the Guardian reported that some companies were trying to avoid the tax by devising pay schemes that allow top executives to escape it.
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