This week, Richard Burgon MP secured a debate on the need for a Windfall Tax on the exorbitant profits of bank, with the funds raised being used to help people suffering through the cost-of-living crisis.
Tag: Bank of England
The UK economy: levelling down – Michael Roberts
While a ‘technical’ recession is no longer forecast for 2023, the BoE still expects stagnant output for next two years... and that may be the best outcome - writes Michael Roberts.