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Windfall tax on colossal bank profits could raise £19bn in 2026. Result of profiteering and govt policies. Sufficient to increase frozen personal income tax allowance by nearly £2,000. Banks paid out £25bn in bonuses in the year to March, can easily pay more tax.
Windfall tax on colossal bank profits could raise £19bn in 2026Burnham urged to resist lobbyists and tax banks to pay for his cost of living measurespositivemoney.org