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Paul Nowak, leader of the TUC, has proposed a bank surcharge to fund a social tariff aimed at reducing energy bills for low and middle-income households. He estimates that two-thirds of households could benefit from this initiative, which could raise £9 billion over four years. Nowak also discussed the need for broader tax reforms and expressed concerns about recent immigration policy changes.
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Paul Nowak, leader of the TUC, has proposed a bank surcharge to fund a social tariff aimed at reducing energy bills for low and middle-income households. He estimates that two-thirds of households could benefit from this initiative, which could raise £9 billion over four years. Nowak also discussed the need for broader tax reforms and expressed concerns about recent immigration policy changes.
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TUC Proposes Bank Surcharge to Fund Energy Bill Relief for Households