History suggests Burnham faces fight if he opts for bank windfall tax amid soaring profits

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Finance

5 August 2026 at 1:59 pm

History suggests Burnham faces fight if he opts for bank windfall tax amid soaring profits

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Summary

As UK banks report soaring half-year profits, calls are growing for a windfall tax to help ease cost of living pressures, suggesting a potential political battle for figures like Burnham.

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