The former chancellor Alistair Darling has confessed his so-called super tax on bankers' as the bonuses are not working out as prescribed and is improbable to be recurring in nature.

He further added that those aimed by the 50% tax, allocated by the employers on bonuses over £25,000, and were too effortlessly able to shun it.

The Financial Times newspaper marked that Mr. Darling expressed that a financial services conference shall be held on Wednesday and further he feels that it will be a one-off thing as, honestly, the very people one is with after here are very skillful at getting out of these things and shall find all types of creative ways of shunning it in the future.

Mr. Darling further voiced that the meeting, which was supported by the Japanese investment bank Nomura, that he had wished to send a message to the bankers which the group and all live in the same world together.