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Why is Britain asking banks for more money after they have already paid £43.3bn in tax?
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Why is Britain asking banks for more money after they have already paid £43.3bn in tax?
Britain’s four biggest banks have made around £200bn in pre-tax profits over the past five years.Jamie Dimon has warned that higher taxes could put UK jobs and investment at risk.Banks already face a 28 per cent corporation tax rate plus a separate surcharge, while unions are calling for further levies.Britain is facing a familiar political dilemma: banks are making billions in profits at a time when households are under pressure, but taxing the…
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