Well If the UK (and probably France) 160 billions from the banks every year maybe there is a problem the way our countries are ran.
I think it's time to tax a bit more the stock market on a tax on the change basis.
It's time to cut the spending in a efficient way (not sure about UK but for France I would suggest that once you're not in charge of any minister duty you stop being pay, I'll lower the salary of sénateurs and I'll cancel the deputy retirement) and increase taxes. To be fair I think cars, motorcycle and high ends bike should get more VAT, the same than perfumes and jellery as they are after all luxuries.
