Should UK Banks Be Taxed on Central Bank Interest?

Are Britain's Banks Getting a Free Ride? A new proposal to tax banks on billions in interest earned from reserves held at the Bank of England is sparking debate. A leading think tank argues the current system allows banks to collect huge sums tax-free, while everyday citizens shoulder the burden. Will the government act, or risk upsetting the financial system? Hosted on Acast. See acast.com/privacy for more information.