Positive Money UK

06/08/2026

After the 'big four' banks made more than £29 billion in the space of six months, The Mirror is asking if Andy Burnham should consider a windfall tax to help struggling Brits.

It's currently 76% FOR - cast your vote! 👇

After the 'big four' banks made more than £29 billion combined in the space of six months, The Mirror is asking if Andy Burnham should consider a windfall tax to help struggling Brits

05/08/2026

👏 Full page in the The Mirror 📰 on ! 💰

67,326 names on the petition so far 📢 share now to reach as many more as we can!
And add yours 👉 bit.ly/TaxTheBanks

Banks are profiting from the cost of living crisis - just like oil & gas companies - so we believe they deserve a windfall tax like them too.

Our windfall tax on banks would bring in £19 billion from Britain’s four biggest banks alone (and over £20 billion if you add in Santander!) enough to cover Andy Burnham’s VAT cut on electricity bills ⚡ the £2 bus cap 🚌 and pub, club, and music venue🕺 business rate cuts *more than 13* times over.

Let's find out whose side this new government is really on, let's

05/08/2026

"It brings collective profits for the four largest banks – HSBC, NatWest, Barclays and Lloyds – to £29.2bn over the first six months of the year, putting lenders back in the crosshairs of campaigners, including Positive Money and the Trades Union Congress, who are calling for a fresh tax on the lucrative industry."

Join 67,309 people and counting(!) and sign the petition to new Chancellor John Healey to bit.ly/TaxTheBanks in his first Budget this autumn!

Levy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaigners

04/08/2026

"of all the tax opportunities out there, a tax on banks, I would say, is the most likely thing to happen in a Budget"

Great to have Sky News' Economics and Data Editor Ed Conway name bank taxes as one of the easiest things for Andy Burnham & John Healey to do this autumn!

Although one correction Ed; our proposal to would bring in more than a few billion - a 38% rate on banks’ UK profits (in line with windfall taxes on oil & gas companies) would raise £19 billion from the big four banks alone 💰 £20bn+ if you add Santander!

Let's make sure stays at the top of the new Chancellor's list! If you haven't yet, add your name to 👉 bit.ly/TaxTheBanks now

🎧 and listen to the full podcast episode here: https://news.sky.com/story/what-will-burnham-do-with-the-budget-13569232

04/08/2026

Pressure is growing for Andy Burnham to slap a new windfall tax on big banks after a £29 billion profit bonanza 💰

Alongside the Trades Union Congress (TUC), we're calling for a windfall tax on banks to help millions of UK households

Sign now to 👉 https://bit.ly/TaxTheBanks

The TUC says there is a "mountain of evidence" for new PM Andy Burnham and Chancellor John Healey to announce a windfall tax on banks' booming profits in the autumn Budget

04/08/2026

📢 A windfall tax on bank profits could raise £19bn 📰

"Previous governments have allowed the powerful banking lobby to persuade them against taxing these record-breaking profits, despite overwhelming public support for the policy...
..We’re calling on Andy Burnham to break with his predecessors by resisting the demands of City lobbyists and reclaiming these lost billions with a windfall tax on bank profits.”

Our Co-Exec Director Sara Hall in The Guardian live blog 👇

Add your name to 👉 bit.ly/TaxTheBanks

04/08/2026

⚡ Our new analysis finds that a windfall tax on bank profits could bring in *£19 billion* from just the UK's four biggest banks if announced in the Autumn Budget
..enough to cover Andy Burnham’s VAT cut on electricity bills, the £2 bus cap and pub, club & music venue business rate cuts *MORE THAN 13* times over.

Their profits for the first half of 2026 were £29.2bn (up 21% on the same period last year) 🤑

Call on the new government to resist City lobbyists and now, sign the petition👉 bit.ly/TaxTheBanks

04/08/2026

Decades ago, public money was used to fund the building of millions of council homes, so that everyone had a safe place to live.

Then those homes were sold off, leaving many councils with nowhere to house people in need.

Creating a public fund so councils can buy back homes would help fix this 👇

03/08/2026

Speculation was rife in yesterday's 📰 Sunday Times about bank taxes! 💰

Join 67,305 people & counting and sign the petition to 👉 bit.ly/TaxTheBanks

"The campaign [is] under way by Britain’s biggest banks to convince John Healey, the new chancellor, not to impose fresh taxes on the sector...

Gary Greenwood, an analyst at investment bank Shore Capital, said: They are all trying to pretend they’re doing their best to support the UK economy, but at the same time their profits are going up.”

Rather than helping small businesses, big banks are driving the inequality, climate, and housing crises - and piling up profits at the same time!

If you haven't yet, tell Andy Burnham & his new Chancellor to succeed where Rachel Reeves failed by adding your name to today 👉 bit.ly/TaxTheBanks

31/07/2026

🪙 Last year less than £1 in £10 of UK bank lending went to investment in the real economy.

Sign-up to redesign our economy today 👉 /bit.ly/redesignecon2