Calls for UK bank tax to fund cost of living help as HSBC profits hit £7.5bn | Banking
Campaigners have renewed calls for a windfall tax on UK banks that might increase £19bn in the direction of Andy Burnham’s cost of living agenda, after HSBC raked in $10.1bn (£7.5bn) value of profits within the second quarter of the 12 months. Bosses at HSBC reported on Tuesday that profits rose 60% 12 months on…