CALLS FOR UK BANK TAX TO FUND COST OF LIVING HELP AS HSBC PROFITS HIT £7.5BN

Levy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaigners Business live – latest updates Campaigners have renewed calls for a windfall tax on UK banks that could… Bosses at HSBC reported on Tuesday that profits rose 60% year on year in the three months to the end of June, helped by fees from wealth management and insurance business, as well as higher interest rates, which allow…

The Guardian reports that levy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaigners Business live – latest updates Campaigners have renewed calls for a windfall tax on UK banks that could…

The report adds: Bosses at HSBC reported on Tuesday that profits rose 60% year on year in the three months to the end of June, helped by fees from wealth management and insurance business, as well as higher interest rates, which allow…

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