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fromwww.theguardian.com
1 week ago
UK news

Reinstate windfall tax on banks after surge in profits, TUC urges

Trade union leaders advocate for a higher windfall tax on UK banks due to significant profits amid economic turmoil from the Iran war.
fromwww.bbc.com
8 months ago
UK politics

Bank share prices tumble after calls for tax on profits

Proposals for a windfall tax on bank profits pushed major UK banks' shares down amid IPPR claims QE has caused significant taxpayer losses.
UK news
fromwww.theguardian.com
1 week ago

Reinstate windfall tax on banks after surge in profits, TUC urges

Trade union leaders advocate for a higher windfall tax on UK banks due to significant profits amid economic turmoil from the Iran war.
more#windfall-tax
fromLondon Business News | Londonlovesbusiness.com
6 months ago

Budget looms large as Reeves could look to banking sector to raise revenues - London Business News | Londonlovesbusiness.com

Over halfway through: In its H1 results in June Barclays highlighted the midpoint of its 3-year revamp and noted it had achieved over half (£17bn) of the c.£30bn planned UK risk weighted assets (RWAs) growth, half of the target income growth and realised two-thirds of the £2bn planned gross cost efficiency savings. Group income of £14.9bn was up 12% year-on-year, with group net interest income (NII) up 13% to £6.1bn.
Business
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