Levy could raise £19bn to help pay for Andy Burnham’s support for those struggling with bills, say campaigners Business live – latest updates Campaigners have renewed calls for a windfall tax on UK banks that could raise £19bn towards Andy Burnham’s cost of living agenda, after HSBC raked in $10.1bn (£7.5bn) worth of profits in the second quarter of the year. Bosses at HSBC reported on Tuesday…
HSBC has reported a profit of £7.5bn for the second quarter of the year, a 60% increase from the same period last year. The bank's profits were boosted by fees from wealth management and insurance business, as well as higher interest rates.
Campaigners are calling for a windfall tax on UK banks, which they say could raise £19bn to help fund support for those struggling with bills, according to the Guardian Business.
HSBC's Chief Executive Officer Georges Elhedery spoke to Bloomberg about the bank's announcement of a fresh stock buyback following its earnings report.
Brief written by urgent.news from Guardian Business, Bloomberg — 2 reports on this story.
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The CNBC personality said he’ll sell his Bitcoin holdings due to fears about quantum computing, as some cryptocurrency investors celebrated, referencing the popular “inverse Cramer” meme.
Gold price (XAU/USD) remains in a tight range at around $4,050 during the European trading session on Tuesday. The precious metal struggles to get direction, with investors awaiting the United States…
Around 9 million people in Germany hold Bitcoin and other cryptos - but new taxes are now threatening. What this means for investors and the market remains open.
Bitcoin advanced as the market settled down following the weekend’s hack of Coldcard wallets and sales by Strategy even as sentiment remained in “extreme fear.”
India’s first weekly derivatives expiry under the new closing auction system did little to ease concerns about the new mechanism after the benchmark NSE Nifty 50 Index again moved sharply during the…
