Bosses of some of the UK's newer and smaller banks are meeting Treasury officials to complain that a new surcharge on profits is unfair.Following the July Budget, banks will have to pay an 8% tax charge on profits of more than £25m, starting next year. At the same time, the bank levy, which affects the larger banks, will be gradually reduced. But the small banks argue that the new tax will harm their ability to lend money, and they want it reformed. "The only way to address the too-big-to-fail problem is to foster the development of smaller banks," said Paul Lynam, the chief executive of Secure Trust Bank, one of the smaller banks involved.........Read more here