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  • Saturday, March 18, 2006

    Labour MPs call for windfall tax on banks and oil companies

    This report from the Independent:

    Gordon Brown told MPs in a private briefing his economic prudence helped it survive the highest oil prices for quarter of a century without the shock of mass unemployment. Mr Brown has been wary of Tory charges of being a tax-and-spend Chancellor. Henow faces increasing pressure to tax banks and oil companies who have made record profits in recent months. A former cabinet minister said: "A windfall profits tax on banks would be very popular with our supporters. The NHS crisis is worse than our education reform problems ."

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