📰 My advice for Burnham’s first budget? Hit the banks – and hit them hard
🗓️ Oct 27 2026 06:00 UTC - Polly Toynbee
Bankers have barely begun to repay the billions they cost the country after 2008. In this PM they may have met their match, says Guardian columnist Polly Toynbee
➤ The article advocates for Andy Burnham's budget to increase taxes on banks, arguing they have not adequately repaid the costs of the 2008 bailout.
➤ It highlights the resistance from banking groups and figures like Jamie Dimon, drawing parallels to past government-bank interactions.
➤ The author suggests that defying bank intimidation and implementing a bank tax would send a strong message of government confidence and could fund social programs.
#banktax #pollytoynbee #andyburnham #ukfinance #jamiedimon #jpmorgan #bankbailout #corporationtax #tucpolling #workersrights
đź”— Read more at: https://rwatimes.io/articles/theguardian-my-advice-for-burnhams-first-budget-hit-the-banks-and-hit-them-hard-3854652478
rwatimes
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2026-10-27 08:33:27 UTC
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wss://relay.primal.netPublished at
2026-10-27 08:33:27 UTCEvent JSON
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"content": "📰 My advice for Burnham’s first budget? Hit the banks – and hit them hard\n🗓️ Oct 27 2026 06:00 UTC - Polly Toynbee\n\nBankers have barely begun to repay the billions they cost the country after 2008. In this PM they may have met their match, says Guardian columnist Polly Toynbee\n\n➤ The article advocates for Andy Burnham's budget to increase taxes on banks, arguing they have not adequately repaid the costs of the 2008 bailout.\n➤ It highlights the resistance from banking groups and figures like Jamie Dimon, drawing parallels to past government-bank interactions.\n➤ The author suggests that defying bank intimidation and implementing a bank tax would send a strong message of government confidence and could fund social programs.\n\n#banktax #pollytoynbee #andyburnham #ukfinance #jamiedimon #jpmorgan #bankbailout #corporationtax #tucpolling #workersrights\n\n🔗 Read more at: https://rwatimes.io/articles/theguardian-my-advice-for-burnhams-first-budget-hit-the-banks-and-hit-them-hard-3854652478",
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