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TUC proposes bank surcharge to fund energy bill relief

The Trades Union Congress is calling for the reinstatement of a bank surcharge to provide financial relief for household energy bills. The union body estimates that reversing the surcharge could generate 9 billion pounds in revenue over a four-year period. The proposal is directed at Andy Burnham as part of broader discussions on fiscal policy and cost-of-living support. Monitor for any formal government response or policy shifts regarding bank taxation.

Source: BBC Business

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