Taxing banks’ record profits could raise £14bn for public services
23 February 2024
Windfall tax on bank profits would give Chancellor headroom for more spending in upcoming Budget London, 23 February 2024 – A windfall tax on bank profits would raise anywhere between £3.5bn and £14bn …
Lloyds Bank profits: Positive Money response
22 February 2024
London, 22 February 2024 – Positive Money responds to Lloyds Bank’s announcement today that its pre-tax profits for 2023 were £7.5 billion, up 57% from the £4.8 billion it made in 2022. Fran Boait, co …
HSBC record profits: Positive Money response
21 February 2024
London, 21 February 2024 – Positive Money responds to HSBC’s announcement today that its pre-tax profits 2023 were £24 billion, up from £13.9 billion in 2022. Fran Boait, co-executive director at Posi …
Barclays 2023 profits: Positive Money response
20 February 2024
London, 20 February 2024 – Positive Money responds to Barclays’ announcement today that its full year pre-tax profits for 2023 were £6.6 billion. This is down 6% from £7 billion in 2022. Fran Boait, c …
NatWest 2023 profits: Positive Money response
16 February 2024
London, 16 February 2024 – Positive Money responds to NatWest’s announcement today that its full year pre-tax profits for 2023 reached £6.2 billion. This is a 20% increase on 2022’s figure of £5.1 bil …