Levy On Banks To Be Increased

The video discusses the government's efforts to boost economic recovery by addressing the budget deficit through increased taxes on banks, amounting to 2.5 billion pounds annually. It highlights the introduction of a permanent tax that did not exist before the current government. Additionally, the video emphasizes the need for banks to lend more to small and medium-sized businesses, contribute more to society, and reduce bonuses, with ongoing efforts to reach an agreement on these issues.

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