{"id":71677,"date":"2023-09-05T17:31:56","date_gmt":"2023-09-05T16:31:56","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=71677"},"modified":"2023-09-05T17:31:56","modified_gmt":"2023-09-05T16:31:56","slug":"caroline-lucas-wants-our-banks-taxed-more-on-their-unearned-inmcome-from-the-bank-of-england","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2023\/09\/05\/caroline-lucas-wants-our-banks-taxed-more-on-their-unearned-inmcome-from-the-bank-of-england\/","title":{"rendered":"Caroline Lucas wants our banks taxed more on their unearned inmcome from the Bank of England"},"content":{"rendered":"<p>Caroline Lucas MP was in action in the Commons today asking the Government Treasury team a question based on <a href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2023\/08\/10\/the-uk-governments-bung-to-our-commerical-banks-additional-data\/\" target=\"_blank\" rel=\"noopener noreferrer\">work I have done on banks being enriched<\/a> by more than \u00a340 billion a year as a result of interest payments made to them in their central bank reserve accounts:<\/p>\n<p>https:\/\/twitter.com\/CarolineLucas\/status\/1699029753318048002?s=20<\/p>\n<p>The minister totally ignored the question Caroline asked and claimed that she should be grateful that profit in the financial services sector supported 20,000 jobs in her constituency. That was contemptuous and irrelevant, showing just how little regard the Tories have for politics and accountability, or economic justice, come to that.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Caroline Lucas MP was in action in the Commons today asking the Government Treasury team a question based on work I have done on banks<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2023\/09\/05\/caroline-lucas-wants-our-banks-taxed-more-on-their-unearned-inmcome-from-the-bank-of-england\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[70,136,35,106],"tags":[],"class_list":["post-71677","post","type-post","status-publish","format-standard","hentry","category-banking","category-city-of-london","category-economics","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/71677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=71677"}],"version-history":[{"count":1,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/71677\/revisions"}],"predecessor-version":[{"id":71678,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/71677\/revisions\/71678"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=71677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=71677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=71677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}