Tagmassive profits

Cost of living: Tax banks’ massive profits to help those struggling, expert urges

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An economic think tank has said that the government should impose a windfall tax on banks amid soaring profits.It comes as high street banks have been accused of failing to pass on higher interest rates to savers at a time when mortgage costs are spiralling, and inflation remains high – the Bank of England’s base rate is currently at 5%, the highest in 15 years.The New Economics...

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