Inbrief

Currency trading company INTL has donated a small percentage of its trading income to charity. The firm set aside 0.005 per cent of its currency trades for a week, raising around £10,000 ($20,000) for development charities in the process. The move is designed to encourage other companies in the sector to follow suit, but also to head off future regulation. Campaigners inspired by American economist James Tobin have long lobbied for currency trades to be subject to a ‘Tobin tax’ that would raise billions for good causes.