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Rishi Sunak’s decision to cut banking surcharge costs public purse £29M/week, estimated £1.5B loss annually for next four years.


Nov 18, 2023

Breaking News: Rishi Sunak’s decision to cut the banking surcharge is having a significant impact on the public purse. A recent report reveals that the Treasury is losing an astonishing £29 MILLION every week due to this policy change. Over the next four years, it is estimated that this decision will result in a staggering loss of at least £1.5 BILLION annually. The Trades Union Congress has raised concerns about the long-term consequences of this move by Rishi Sunak. Stay tuned for more updates on this developing story.
Source : @The_TUC

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