#windfall-levy

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UK politics
fromwww.theguardian.com
1 day ago

You've heard the king's speech but I think a better one might run like this | David Blunkett

Legislation would protect households from global conflict costs, freeze energy bills, curb inflation, and fund measures via a windfall levy.
fromBusiness Matters
7 months ago

Barclays boss warns Reeves: don't tax growth 'out of existence'

Barclays chief executive CS Venkatakrishnan has issued a stark warning to Chancellor Rachel Reeves, urging her not to introduce new levies that would "stifle competition and growth" in Britain's financial sector. Speaking in an interview with CNBC, Venkatakrishnan said taxing banks and investors more heavily risked "taxing growth out of existence," just weeks before Reeves unveils her first Budget. His remarks come amid speculation that the Chancellor could raise as much as £50 billion in extra taxes to plug a hole in the public finances.
UK politics
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