'Tax Bank Profits To Cut Energy Bills' | Paul Nowak

By Times News

Community Score: 50% | 3.0K views | 2w

0 community ratings: null thumbs up, null thumbs down

“Our big four banks between them are making over £1 billion a week in profit…restore the bank surcharge to at least where it was before the Tories cut it in 2023, and that helps fund the social tariff for people's energy bills.” Increasing taxes on record banking profits, can be used to “support hard pressed families up and down the country”, says the general secretary of the Trade Union Congress, Paul Nowak. Paul Nowak was speaking to John Pienaar on Times Radio Drive. Listen live every Monday to Thursday, 4–7pm. Read the best of our journalism: https://www.thetimes.com/ Listen live to Times Radio: https://www.thetimes.com/radio/live Subscribe to The Times and The Sunday Times YouTube channel: https://www.youtube.com/subscription_center?add_user=timesonlinevideo Find us on Facebook: https://www.facebook.com/timesandsundaytimes/ Find us on X: https://x.com/thetimes Find us on Instagram: https://www.instagram.com/thetimes/

Tags: the times, the sunday times, energy costs, uk cost of living energy crisis, uk energy bills, uk energy prices, energy crisis uk, uk energy crisis 2026, uk energy security concerns, energy bills uk, uk economy energy inflation, energy price rise uk, reduce energy bills uk, energy price update uk, angela knight energy uk, energy, uk energy prices surge war impact, war impact on energy supply uk, uk cost of living, uk electricity policy costs