Petition · past parliament · HM Treasury

Increase taxes on bank profits

Closed 37 signatures

What the petition asks

We want the Government to increase taxes on profits made by banks, due to increases in interest rates.

Many households and small businesses are struggling due to high interest rates in respect of loans and mortgages.

Yet many UK banks have achieved record profits as a result of decision, and we believe these profits are not justified and should be subject to higher taxes.

Timeline

1 Mar 2024 Petition opened for signatures
29 May 2024 Closed to new signatures

Key facts

Signatures 37
Status Closed
Department HM Treasury
Opened 1 Mar 2024
Closed 29 May 2024

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Source: the official petition page. Last checked 15 Jul 2026.