Bank shares take fright as budget tax hike is floated
Shares in UK banks have fallen sharply on the back of a report which urges the chancellor to place their profits in her sights in the coming budget.
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The head of Britain's main banking lobby group has warned the chancellor against a budget raid on the industry, arguing that it would undermine her aim of delivering sustainable economic growth.
...04-09-2025, 11:42 AM -
The Bank of England has held interest rates at 3.75% but signalled that further cuts are now "likely" later in the year as inflation falls back to the Bank's 2% target faster than expected....05-02-2026, 12:04 PM
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The governor of the Bank of England has joined a chorus of opposition to the treatment of his US counterpart following revelations he is facing a criminal inquiry.
More...14-01-2026, 12:56 AM