Burnham urged to increase tax on banks as Barclays’ profits soar

TUC says lender can easily afford to pay more tax' as it increases bonus pool by nearly 30%

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Andy Burnham has been urged to launch a tax raid on UK banks, as Barclays revealed a 30% rise in its half-year bonus pool after a surge in profits.

Fresh corporate filings released on Tuesday showed the bank put 1.3bn towards its bonus pool for the first half of the year. That figure, which includes annual and deferred bonuses, was up from 1bn last year.