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Labour backs away from bank windfall tax in bid to win over City

Labour is not looking at imposing a windfall tax on bank profits if it wins the general election on 4 July, according to reports. ....

United Kingdom , City Of London , City Of , Tomasz Noetzel , Rachel Reeves , Big Four , Lars Mucklejohn , Treasury Committee , Bloomberg News , Positive Money , Chancellor Rishi Sunak , Sky News ,

Nic Cicutti: Labour may regret selling its soul to financial services

What do political parties deliver in return for donations from the financial-services industry and business more widely? At a time when the UK is preparing for a general election in a few months’ time, asking this question goes to the heart of what we might expect from a new government once it gets into office. We ....

City Of , United Kingdom , City Of London , New York , United States , Rachel Reeves , Jeremy Hunt , Jonathan Reynolds , Mick Mcateer , Alistair Darling , Baillie Gifford , Dan Murrell , Oliver Wyman , Keir Starmer , Tulip Siddiq , Financial Inclusion Centre , Financial Conduct Authority , Labour Party , Nic Cicutti , Sovereign Strategy , Financing Growth , Positive Money , Big Finance ,

Digital pound could make Treasury billions from seigniorage funds

Introducing a digital pound could earn the Treasury tens of billions through increased seigniorage revenue, a new report has argued. ....

United Kingdom , Simon Youel , Chris Dorrell , Office For Budget Responsibility , Positive Money , Budget Responsibility ,

Digital Pound Could Be a Fiscal Game-Changer for the UK

The UK Treasury could earn tens of billions of pounds per year in seigniorage revenue by introducing a digital pound. ....

United Kingdom , Simon Youel , Office For Budget Responsibility , Positive Money , Budget Responsibility ,