Campaigners gather outside Bank of England

The video discusses a protest outside the Bank of England against continuous interest rate hikes, which have led to significant profits for banks while the public suffers from a cost of living crisis. The protestors demand a windfall tax on these profits to support vulnerable populations. The video highlights the unearned nature of bank profits due to rate hikes and calls for government intervention to redistribute these funds for social benefits like housing and public sector pay rises.

What are the broader economic conditions mentioned that contribute to the current crisis?

What is the significance of introducing a windfall tax on bank profits?

How can the funds from a windfall tax be utilized according to the speaker?