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Digital pound could make Treasury billions from seigniorage funds

Introducing a digital pound could earn the Treasury tens of billions through increased seigniorage revenue, a new report has argued.

United-kingdom , Simon-youel , Chris-dorrell , Office-for-budget-responsibility , Positive-money , Budget-responsibility ,

Top Labour figures met financial services firms after £150k donation

OpenDemocracy investigation names attenders, including Keir Starmer, at Edinburgh meeting to discuss party’s banking policies

City-of-london , London , City-of , United-kingdom , Edinburgh , Scotland , Simon-youel , Jonathan-reynolds , Anas-sarwar , Tulip-siddiq , Tony-blair , Keir-starmer

Labour insists crackdown on tax dodgers can raise £5bn a year

Labour insists crackdown on tax dodgers can raise £5bn a year
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The battle to stop Britain's high street bank closures

Lenders are under pressure to preserve access to cash

United-kingdom , Charlie-nunn , Simon-youel , Nigel-farage , Nick-quin , Lloyd-nunn , Rachel-reeves , Noel-quinn , Barclays , Treasury-select-committee , Financial-conduct-authority , Natwest

£29m a week cost of 'huge tax break' for banks

The decision made by Rishi Sunak when he was Chancellor to cut the banking surcharge is costing the public purse £29 million a week, according to a new report published by the TUC.

United-kingdom , Britain , Simon-youel , Paul-nowak , Natwest , Bank-surcharge , Barclays , Bank-levy , Rishi-sunak , Secretary-paul-nowak , Prime-minister , Positive-money

Tory tax break for banks set to cost £6bn to the public purse, TUC report finds

Tory tax break for banks set to cost £6bn to the public purse, TUC report finds
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Windfall banking tax could raise £20bn this year, campaigners say

Windfall banking tax could raise £20bn this year, campaigners say
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Could Britain follow Italy with controversial bank windfall tax?

On Monday, Georgia Meloni's government in Italy announced an 'extra profits' tax on its banking sector to fund tax cuts and mortgage support for Italians.

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Soaring interest rates 'caused by Sunak's bailouts'

Soaring interest rates 'caused by Sunak's bailouts'
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Banks Demand Deep Changes To UK's Accountability Rules -sources

Banks are pushing the British government to relax core parts of post-financial crisis rules designed to hold bosses to account for misconduct on their watch, in order to make hiring easier, two

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