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  • 3 years ago
Protesters gather outside bank of england

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Transcript
00:00 [Street noise]
00:20 [Chanting] No banks! It's time to tax the banks!
00:26 Yeah, so we're here outside the Bank of England today because they're making their next decision about interest rates.
00:31 We're here to protest the endless rate hikes that we've seen now almost 14 consecutive times, maybe 15 today.
00:38 And the harm that's causing for millions of us around the country during the cost of living crisis,
00:43 while the big banks have been raking in billions of pounds in unearned profits.
00:46 So we're here to call attention to that and demand the government bring in a windfall tax on bank profits.
00:51 And interest rates are just instruments of inequality. They're causing millions of us to suffer with higher debt repayments,
00:57 storage rents and mortgage payments, while the big banks are raking billions in unearned profits.
01:02 What do we want? Windfall tax! When do we want it? Now!
01:07 What do we want? Windfall tax! When do we want it? Now!
01:10 [Silence]

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