🧵 New report: “A trillion dollars of climate risk” 📊🔥 Finance Watch’s latest research reveals the world’s 60 largest banks hold $1.1–1.6 trillion in fossil fuel exposures. This creates a dangerous climate-finance feedback loop. Let’s break it down 🧵👇

Did you see the outrageous comments from Barclays' CEO last week? 👇 It's time to #TaxTheBanks - not cut public sector pay. Add your name to the petition 👉 bit.ly/TaxTheBanks

Thousands of people marched through central London today to demand we #Makethempay. The people that created this crisis should pay for it! #Taxtherich #Makepolluterspay

Big banks have raked in billions thanks to higher interest rates without having to lift a finger while our rent, debt & mortgage payments soar - we're on the streets in today to #MakeThemPay 📣🪧 Tell Rachel Reeves to #TaxTheBanks 👉 bit.ly/TaxTheBanks

Over two thirds of people support a windfall tax on bank profits - we're at @makethempay.bsky.social to tell Reeves to listen and #TaxTheBanks!

We're at @makethempay.bsky.social to tell Reeves to #TaxTheBanks - join us!

As the UK gvt welcomes USA President Donald Trump & tech CEOs today, the future of the Digital Services Tax seemingly hangs in the balance. Our Policy and Advocacy Manager was on BBC News making the case for taxing highly profitable Big Tech. Read more: taxjustice.uk/blog/digital...

🚨 Breaking: The UK could lose up to £5.2bn if it scraps the Digital Services Tax on Big Tech – enough to pay for training 128,000 new NHS nurses. Polling shows 67% back enforcing laws on Big Tech, even if it strains relations with Trump. taxjustice.uk/blog/digital...

Today, the Employment Rights Bill returns to the Commons. Together with leading women's organisations, we have written to Minister Peter Kyle urging him to resist amendments to water down the legislation. Delivering the bill in full as promised is key to advancing gender equality.

"Instead of tinkering around the edges, with a wealth tax the government could win the argument on fairness – and finally start to reverse toxic wealth inequality in this country." Your weekend reading, from our Executive Director @faizashaheen.bsky.social! www.theguardian.com/commentisfre...

There's only 4⃣ massive problems with the latest scaremongering about a #WealthTax in the Independent... 🧵 1⃣ The polling was conducted for (you guessed it) a wealth management company... www.independent.co.uk/news/uk/poli... 1/7

⏰ ONE MONTH TO GO! ⏰ The stakes couldn’t be clearer: 🥵 we’re coming out of the 4th heatwave of the summer 🔥 a record amount of land has been burnt by wildfires already this year 🤑 and CEOs of the most polluting industries in the UK are getting richer

"Landlords in England gained over £400 billion in wealth thanks to house price rises between 1990 and 2022 - and that's before they made a penny in rent"! Our Head of Campaigns @hankd667.bsky.social joined @lbc.co.uk to welcome new government proposals to re-examine property taxes

Join @positivemoneyuk.bsky.social and @greencb.bsky.social for the launch of our East and Southeast Asia Green Central Banking Scorecard 👇 📅Weds 10th September ⏰ 9am-10:30am BST / 4pm-5:30pm MYT / 5pm-6:30pm JST 🖥️ Zoom ➡️Find out more and register:

🚨NEW: The pay of FTSE 100 CEOs has reached a new record high of £4.58 million. The third record setting year in a row. FTSE 100 CEO pay is 122 times greater than the typical UK worker. www.theguardian.com/business/202...

Demonstrators from campaign groups including Positive Money, Tax Justice UK, Equality Trust and Green New Deal Rising gathered outside the Bank of England this morning to call for a windfall tax on bank profits, which they say could raise £11bn+ this year from the largest four banks alone

"The British public are well aware that gains for the financial sector categorically do not ‘trickle down’ to the rest of us." Our @hankd667.bsky.social explaining why we need the government to #TaxTheBanks making record profits at our expense. www.theguardian.com/...

As tariffs and the dollar grab headlines once again, join us for our webinar 👇 'A World Beyond the Dollar? Making sense of a changing currency landscape' 💵 Register to join 👉 bit.ly/4ovRqbG 🗓️ Thurs 21st August ⏰ 6-7pm BST 🖥️ Zoom

Taxing banks’ windfall profits could bring in £11.3 billion 💰 …but Rachel Reeves & Keir Starmer are refusing to get out of bed with the banks and make it happen❗ Tell them to #TaxTheBanks today: bit.ly/TaxTheBanks

Demand Keir Starmer and Rachel Reeves get out of bed with the big banks and tax their windfall profits instead! Sign the petition 👉 bit.ly/TaxTheBanks

It's years of higher interest rates, set by the Bank of England, that have boosted the big banks' profits so much. Not better service for customers, not big innovations, and certainly not hard work. It's time to tax them properly. Add your name to the petition 👉 bit.ly/taxthebanks

Seems Tony Blair's ex-Political Secretary is the newest addition to our campaign to #TaxTheBanks! 💰 Add your name 👉 bit.ly/TaxTheBanks

'I don't think people would take to the streets to say "hands off my bank, I love my bank"' John McTernan hits the nail on the head - a tax on banks is popular, and the right thing to do as their profits have boomed. Add your name 👉 bit.ly/TaxTheBanks

The big 4 banks have made £24.1bn in profits in just the first 6 months of 2025. Imposing a similar windfall tax to oil and gas companies on their UK income would have already raised enough to scrap the two-child benefit cap, lifting more than 250,000 children out of poverty overnight.

⚡BREAKING ⚡ A windfall tax on banks on banks could raise more than *£11 billion* That's enough to cover the cost of the welfare u-turn AND scrapping the two-child benefit cap Catch us in The Mirror today 👇 and add your name 👉bit.ly/taxthebanks www.mirror.co.uk/mon...

🚨BREAKING!🚨 30+ of the world's leading economists have written a letter backing calls for a wealth tax on the super-rich. Among those backing the call are the internationally renowned Thomas Piketty, José Antonio Ocampo, Jayati Ghosh, and Ha-Joon Chang. 1/2 www.theguardian.com/business/202...

If it means protecting the profits of big banks & City lenders then of course!

When a big bank boss gets riled up in the pages of the Financial Times, we must be doing something right... 😉 Add your name to #TaxTheBanks 👉 bit.ly/TaxTheBanks

You'd think they wouldn't need reminding that it was an oversized and lightly-regulated financial sector that brought the downfall of the last Labour government, and yet...

Trickle down is a lie and deregulating the financial system won't help people. It's always fun to share home truths on the news.

"The chancellor mentioned several measures yesterday to deregulate the financial sector... deregulation is not going to lead to the sort of growth that will benefit ordinary people... trickle down just doesn't work" Hannah Dewhirst from @positivemoneyuk.bsky.social

One week to apply! @iipp-sea.bsky.social is hiring a Research Fellow to lead research with women economists from the Global South, rethinking industrial policy, global finance and state capacity. Apply here and share with your networks ➡️ www.ucl.ac.uk/work-at-ucl/...

Financing of fossil fuel companies has increased for the first time since 2021. This is a devastating example of why we need regulators like the Bank of England to make it harder for banks to fund the breakdown of our planetary systems.

3.7 billion people live below the poverty line. In the UK, unnecessary cuts are hitting the most marginalised. All whilst billionaire wealth is surging - per new @oxfaminternational.bsky.social report. UK must tax extreme wealth & support the UN Tax Convention. www.theguardian.com/news/2025/ju...

Could Trump’s tariffs actually be accelerating Global South countries' moves to de-dollarise? We look at the strategies they’re already using in our final explainer blog on dollar dominance 👇 positivemoney.org/uk...

🔴 NEW 🔴 Rachel Reeves told an oil giant that the industry would receive a "quid pro quo" if it accepted the windfall tax hike. 📝 My @desmog.com scoop with @theguardian.com

This reveals the real heart of any DOGE-like attempts by politicians - to help rich friends & corporations avoid tax. We need to HIRE MORE CIVIL SERVANTS to enforce the tax regulations we already have (*and* reform them to make them fairer).

🚨BREAKING HMRC missed out on around £47bn in taxes — from errors, avoidance and evasion— according to its annual "Tax Gap" report, released today. Here's why that is likely an underestimate, and why the real gap is likely to keep on growing... 🧵1/8

Great to see our research recommendations on the benefits of lending to countries in their local currencies (rather than dollars) getting picked up 👇 This can go a long way towards reducing the debt burden on countries in the Global South. serrarigroup.com/africa-to-un...

Pension funds hold *trillions* of pounds of assets. If that money was directed to clean energy, it could transform the speed at which we bring down household bills. We joined 30+ other orgs to urge the Pensions Minister to make this a reality in the upcoming Pensions Bill. www.netzeroinvestor....

As we brace for Rachel Reeves to hide real-terms cuts behind splashy investment projects in the Spending Review, we brought MPs and campaigners together outside Parliament to send a simple message: No more cuts. It’s time to tax extreme wealth and make the super-rich PAY UP.

There are still horrific cuts coming down the pipeline - but there don't have to be. The best place to start? #TaxTheBanks Add your name 👉 bit.ly/taxthebanks

We were outside parl’t this morning, ahead of this afternoon’s Comprehensive Spending Review. Unfortunately, the gov’t is expected to announce a raft of cuts to public services. This is a political choice. They should make the super-rich pay their fair share of taxes instead.

"I mean it's worse than spin, isn't it? It's just incorrect." @lbc.co.uk's Ian Payne reacting to our research today showing that the widely reported "millionaire exodus" did not happen. #BogusExodus #TaxTheSuperRich @alexcobham.bsky.social taxjustice.net/press/millio...

Banks don't lobby so they can improve services. They lobby so they can boost profits.

The Treasury was rumoured to be increasing bank taxes ahead of the autumn budget. Then JP Morgan threatened to leave the UK if it did. Banks don't lobby so they can improve services. They lobby so they can boost profits. New from @ethanshone.bsky.social‬ 👇 www.opendemocracy.ne...

I Love giving my grown children and grandchildren real tangible money. £££ 🐣, 🌲, 🎂,🥘, 🎁… #KeepCashAlive

A very concerning precedent for the current UK government's financial deregulation drive...

The government has made no secret of the fact that economic growth is its 'number one mission.' So why aren't most people feeling the effects when the economy does grow? Because the richest gain most of the new wealth created 👉 positivemoney.org/uk/update/th...