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Banks say Healey is planning Budget tax raid on their profits

BBC Business·October 15, 2026·1 min read
Banks say Healey is planning Budget tax raid on their profits

Senior banking executives told the BBC they expect to be 'on the menu' in the chancellor's Budget tax later this month. The comments suggest the government may target bank profits in its upcoming fiscal statement, raising concerns among lenders about potential tax increases. No specific tax measures were detailed.

Read at BBC Business
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