Unions Urge Bank Tax Hike to Cut Household Energy Bills
Summary
The TUC calls for reversing the bank surcharge cut, estimating it could raise £9bn over four years.
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The Trades Union Congress (TUC) has called on political leadership, including Andy Burnham, to reverse cuts to the bank surcharge in order to fund energy bill reductions for households.
According to estimates provided by the TUC, restoring the bank surcharge could generate approximately £9 billion in revenue over a four-year period.
Source: BBC Business
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