"of all the tax opportunities out there, a tax on banks, I would say, is the most likely thing to happen in a Budget" Great to have @skynewsrss.bsky.social ' @edconway.bsky.social name bank taxes as the easiest thing for Andy Burnham & John Healey to do this autumn! Although one correction...

...enough to cover Andy Burnham’s VAT cut on electricity bills, the £2 bus cap and pub, club & music venue business rate cuts *MORE THAN 13* times over. Call on the new government to resist City lobbyists and #TaxTheBanks now, sign the petition👉 bit.ly/TaxTheBanks

Europe had its hottest spring ever recorded and just went through a second brutal heat wave. Swipe to see the gap between what’s spent on militaries and what’s invested in climate mitigation. It’s time to #MoveTheMoney from war to climate justice.

"This is a bank whose CEO has suggested the government scrap pay rises for public-sector workers rather than tax its enormous profits." As the Barclays CEO does the rounds telling Burnham not to tax the bank's profits (up 17%), we explain why a windfall tax is long overdue👇

‘Tax big banks to end food banks’

PRIME MINISTER Andy Burnham faced fresh calls to raise taxes on banking profits today after Barclays revealed massive 30 per cent rises in its bonus pot and pre-tax profits.Corporate filings showed the bank put £1.3bn towards its bonus pool for the first half of the year — up from £1 billion last year.Barclays reported that a 31 per cent annual rise in its pre-tax profits for the second quarter to £3.3bn had allowed it to announce new payouts for shareholders, including a £1bn share buy-back and £800m in dividends.

morningstaronline.co.uk

💰 #TaxTheBanks 👉 bit.ly/TaxTheBanks

Positive Money UK@positivemoneyuk.bsky.social · last wk.

“The new Prime Minister has a clear chance to break away from the unpopularity of his predecessors by standing up to City lobbyists & taxing banks’ unearned windfalls.” This policy isn't just about raising billions, it's about showing the public whose side the Govt is on.

“The new Prime Minister has a clear chance to break away from the unpopularity of his predecessors by standing up to City lobbyists & taxing banks’ unearned windfalls.” This policy isn't just about raising billions, it's about showing the public whose side the Govt is on.

Andy Burnham urged to unleash tax raid on banks amid £55billion profit bonanza

EXCLUSIVE: As Britain's big bank prepare to announce a round of bumper half year profits, critics argue a windfall could pay for the government's cost of living crusade

mirror.co.uk

New Chancellor, same demand📣 #TaxTheBanks! Prime Minister Andy Burnham & Chancellor John Healey have a rare opportunity to rebalance the scales during a cost of living crisis and implement a policy that won’t cost a penny. Sign + share to tell them to seize the chance now 👉 bit.ly/TaxTheBanks

Private equity firms are keeping wages low while stealing profits from essential services in healthcare, childcare, vets, and more

Billions in UK public funds are going to dodgy private equity firms

Private equity firms are keeping wages low while stealing profits from essential services in healthcare, childcare, vets, and more

thecanary.co

Higher interest rates increase the cost of investing in the renewables we need to bring down inflation for good. We need the Bank of England and Government working better together to fight inflation. Great to see these arguments being made by an interest rate-setter 👏

Rising cost of insuring against climate crisis will have wider knock-on effects for UK economy | Heather Stewart

As extreme weather events become more common, economists say government will need to take more active role to protect consumers

theguardian.com

Our new Investability Index shows investing in education & work delivers the highest economic and social returns. Investing in schools, teachers and skills boosts productivity, employment, earnings and tax revenues while strengthening resilience to inflationary shocks.

Ed Miliband as chancellor would benefit every part of the UK – and the bond markets | Josh Ryan-Collins

Ed Miliband as chancellor would benefit every part of the UK – and the bond markets | Josh Ryan-Collins

If Andy Burnham promotes the energy secretary, Labour could fully use the benefits of net zero to promote growth and jobs, says Josh Ryan-Collins, professor of economics and finance at UCL

theguardian.com

Could you spare 60 seconds to support Just Fair? We could win £5,000 through a draw that supports organisations strengthening communities. To nominate us, please enter our registered name: Economic, Social and Cultural Rights in the UK Thank you 👇 click.benefactgroup.com/click/ggno-7...

“The net zero economy generates output worth over £100bn and employs over a million workers.” We proudly stand with over 40 economists and organisations in pushing back against the criticism of Ed Miliband for his commitment to the green transition.

Progressive economists reject Unite leader’s criticism of Ed Miliband

Sharon Graham is urged to withdraw her claim that the energy secretary would cost jobs if he became chancellor

theguardian.com

Cash is immune from blackouts. Card payments aren't. In a more unpredictable world, we need a reliable way to pay. But if we can't spend cash where we want, this critical infrastructure will disappear. Sign the petition to make cash acceptance mandatory 👉 bit.ly/KeepCashAlive

We need more than a new captain on the same sinking ship. Whoever the next PM is must chart a new course: tax extreme wealth, crack down on tax dodging mega‑corps & cut big‑money out of our politics. ✍️ Add your name to out this message on their desk on day 1. you.38degrees.org.uk/petitions/de...

Dear future Prime Minister: It's time to tax the super-rich

With Keir Starmer stepping down, a new PM will be taking over soon. Let's make sure they hear from us on day one. Sign the petition demanding a wealth tax on the ultra-rich to fund our communities, health care, and affordable housing. Add your name to make it impossible to ignore!

you.38degrees.org.uk

Big win! 🙌 The Bank of England will apply climate criteria to corporate bonds in its collateral framework🏦🌿 By marking out carbon-intensive assets as higher risk, the Bank has taken a huge step forward in our fight to green the financial system. On Friday, the BoE announced it will…

Bank bosses hitting out at a tax on their windfall profits can only mean one thing: they're rattled. They keep making excuses for why they should be allowed to profit at our expense. None of these hold water. Tell Rachel Reeves to #TaxTheBanks in her next Budget 👉 bit.ly/TaxTheBanks

#TaxTheBanks

Positive Money UK@positivemoneyuk.bsky.social · 2mo ago

Bank bosses hitting out at a tax on their windfall profits can only mean one thing: they're rattled. They keep making excuses for why they should be allowed to profit at our expense. None of these hold water. Tell Rachel Reeves to #TaxTheBanks in her next Budget 👉 bit.ly/TaxTheBanks

Tell The Guardian to stop taking ads from banks & insurers enabling fossil fuels, g3nocide, and migrant abuse. The Guardian runs ads from Barclays UK NatWest AXA Aviva ADD your name to an open letter calling them out bit.ly/boycott_guar...

"Despite Government actions to improve people’s access to cash - like introducing rules to slow branch closures and rolling out more banking hubs - these efforts will be in vain if they don’t safeguard our ability to spend cash." Our Co-Executive Director in LBC today 👇

It won’t matter which animals appear on Britain’s banknotes if shops refuse to accept cash | LBC

It won’t matter what’s on a banknote if no business will take it, writes Sara Hall

lbc.co.uk

At least £325 bn of dirty money flows thru the UK every year & £788 billion when UK linked territories (e.g.Jersey, Caymans) are included - our new report www.theguardian.com/business/202... @naomifowler.bsky.social @jamesbj.bsky.social @aj16.bsky.social @nickdearden.bsky.social

It's time - our membership is now open! Become a member of Rethinking Economics International to help build a better economics for our futures, our communities and our planet. Join us: rethinkeconomics.org/become-a-mem...

🎉Exciting to see the Government has commissioned an independent review into face-to-face banking services, and that this will be chaired by former head of Which?, Richard Lloyd OBE! We hope this will be open to responses from the public ✍️

Government reviews access to face to face banking services

An independent review will look at how shifts in face-to-face banking services affect people and communities, with new powers enabling the Government to act on what it finds.

gov.uk

Millionaires are five times more concerned about doctors leaving the UK than they are about other millionaires emigrating 💸 Our poll also found millionaires are proud to live in the UK, and they're willing to pay more tax to invest in our country and its young people.

#TaxTheBanks Sign the petition 👉 bit.ly/TaxTheBanks

#TaxTheBanks

Years of higher interest rates have sent our rent, mortgage, and debt payments soaring, while banks have raked in huge profits for doing absolutely nothing. The big four UK banks (Barclays, HSBC, Ll...

bit.ly

Positive Money UK@positivemoneyuk.bsky.social · 4mo ago

Banks are laying off thousands of workers and closing branches across the country, all whilst reaping record profits over the past few years. The govt should be taxing the windfall profits that banks have made from interest rate rises. Full Metro Bank story 👉 www.theguardian.com/business/202...

Banks are laying off thousands of workers and closing branches across the country, all whilst reaping record profits over the past few years. The govt should be taxing the windfall profits that banks have made from interest rate rises. Full Metro Bank story 👉 www.theguardian.com/business/202...

🪧Amazing to join the National Housing Demo today! 🙌 Alongside THOUSANDS of renters, residents, unions & campaign groups standing united against the housing crisis to demand rent controls & more social housing - not luxury flats and annual rent hikes! 🏠 Houses should be homes not financial assets!

I don't care if it seems naive or trite or old fashioned, I feel this is still as powerful today as it ever was youtu.be/QLUDJlx5jEc?...

Blowin' In The Wind - Joan Baez

YouTube video by kmb85hx556

youtu.be

Banks and insurers are enabling these harmful systems — and profiting trillions 💰 from war, exploitation, genocide, and fossil fuel extraction. 📢 This June, we act. ✊ Picket & protest ✍️ Digital Actions 📚 Organise educational events 👀 For more info: bit.ly/4cnCTtm