https://birminghamdaily.co.uk/tags/windfall/Recent content in windfall on Birmingham DailyHugo -- gohugo.ioen-usThu, 11 Jun 2026 05:23:11 +0000https://birminghamdaily.co.uk/government-urged-to-introduce-emergency-energy-bill-discount-to-save-households-559/Thu, 11 Jun 2026 05:23:11 +0000https://birminghamdaily.co.uk/government-urged-to-introduce-emergency-energy-bill-discount-to-save-households-559/The Trades Union Congress (TUC) has called on the Labour government to introduce a vital energy bill reform that could provide significant savings for households across the country. The proposed measure involves creating an “emergency social tariff” designed to reduce annual energy bills based on household income levels. Paul Nowak, General Secretary of the TUC, emphasized the urgency of supporting working-class families during these challenging times. Speaking to the New Statesman, he stated, “It’s crucial to show working-class people and their families that the government is on their side.https://birminghamdaily.co.uk/calls-to-reinstate-uk-bank-windfall-tax-following-14bn-profit-surge-by-barclays-hsbc-lloyds-and-natwest/Wed, 06 May 2026 06:02:38 +0000https://birminghamdaily.co.uk/calls-to-reinstate-uk-bank-windfall-tax-following-14bn-profit-surge-by-barclays-hsbc-lloyds-and-natwest/The Trades Union Congress (TUC) has intensified calls for the UK government to reinstate a higher windfall tax on banks after the country’s four largest lenders—Barclays, HSBC, Lloyds, and NatWest—revealed a combined first-quarter profit of £14 billion. The union advocates raising the current bank surcharge rate from 3% back up to 8%, reversing the cut implemented by the Conservative government in 2023. Paul Nowak, general secretary of the TUC, emphasized the fairness of taxing banks more heavily amid soaring profits and widespread financial struggles faced by ordinary households and businesses.