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Central Banks

UK Should Impose a Windfall Tax on Banks, Ex-BOE Deputy Says

  • Charlie Bean says lenders should help fill huge budget gap
  • Ex-deputy governor says tens of billions could be generated
Charlie Bean

Charlie Bean

Photographer: Daniel Acker/Bloomberg

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The British government should raid the banks for tens of billions of pounds to fill a black hole in the public finances, according to former Bank of England Deputy Governor Charlie Bean.