Call for banks to chip in and protect UK from “Trumpflation”

The Trades Union Congress (TUC) has renewed its calls for an increase in the bank surcharge tax. This comes as UK households and firms face the effects of “Trumpflation”. The bank surcharge is an additional 3% corporation tax on the profits of banking companies exceeding £100m. In April 2023 the Conservatives reduced it to this […] By The Canary