Calls Grow for Taxing Bank Reserves Interest to Aid Public Services
Published on: Aug. 29, 2025, 12:17 p.m. | Source: Devdiscourse
A think tank has urged the UK government to tax banks for interest earnings from reserves held at the Bank of England, suggesting it could aid public services funding. This program stems from the BoE's quantitative easing, and has become costly, prompting discussions about policy changes.
