Goldman Sachs commented on potential tax increases, facing the defence investment plan bill, and discussing a potential bank surcharge reversal.
3 reports, 2 independent
Updated Jul 26
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Goldman Sachs commented on potential tax increases, facing the defence investment plan bill, and discussing a potential bank surcharge reversal.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The TUC called for increased bank profit surcharges, highlighting how bank performance impacts the ongoing government policy debate.Sub-event
Political pressure, including from Tories, is driving calls to tax record bank profits and reversing previous tax cuts.1 source
Goldman Sachs, Andy Burnham, and others discuss tax hikes, defence bills, and surcharge reversals.1 source
Keep exploring
The entities involved
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Goldman Sachs
American investment bank
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Andy Burnham
British politician (born 1970)
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Lake Balaton
freshwater lake in Hungary
Nothing else this week.
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Paul Nowak
British trade unionist
Nothing else this week.
Related events
- Calls are mounting for economic overhaul, corporate tax hikes, and increased regulation targeting big banks like Lloyds and Barclays, alongside the corporate sector generally.
- Andy Burnham is poised to enter Downing Street as the TUC and CBI urge the government to implement significant economic policy changes.
- Tax policy views on tax thresholds were discussed between principals including Andy Burnham, Keir Starmer, John Healey, and representatives from Knight Frank.
- Major financial institutions, including FED, Goldman Sachs, Bank of America, and Morgan Stanley, are involved in discussions regarding proposed GSIB surcharge revisions.
Coverage
Newest first; wire copies grouped- aol.co.ukAndy Burnham urged to unleash tax raid on banks amid £55billion profit bonanza - AOL
- birminghammail.co.uk