Why Ed Davey's Lib Dems want a bank tax

Over the weekend the Liberal Democrats joined rallying calls for Rachel Reeves to slap a fresh levy on Britain's banking giants. The party’s Treasury spokesperson Daisy Cooper called for an annual £7bn tax grab on the lenders, citing recent profit figures from the country’s biggest lenders. It comes as Chancellor Rachel Reeves is expected to be staring down a fiscal black hole as wide as £20bn come the Autumn Budget. A batch of think tanks have called to increase the tax burden on banks to strum up cash for the public purse. Read the full story here 👇 https://bit.ly/3KyI7rV #libdems #tax #politics #news #uknews #budget2025 #economy #finance #financialnews #business #ukpolitics