The Guardian view on the banks: too big to fail cannot mean too big to tax | Editorial
Financiers owe their windfalls and bonuses to higher interest rates. Britain should reclaim more for the public and resist City lobbying John Healey is planning to tax British banks, the Guardian revealed , in the forthcoming budget. It’s about time for the chancellor to act. Banks have been raking it in. The campaign group Positive Money reported this summer that Britain’s four biggest banks made £29bn…
Story summary
Financiers owe their windfalls and bonuses to higher interest rates. Britain should reclaim more for the public and resist City lobbying John Healey is planning to tax British banks, the Guardian revealed , in the forthcoming budget. It’s about time for the chancellor to act. Banks have been raking it in. The campaign group Positive Money reported this summer that Britain’s four biggest banks made £29bn…
Follow the latest stories from trusted publishers with concise summaries. Open the original source link for details.