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Barclays and Lloyds shares surge on reports bank tax will be ‘lower than expected’
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Barclays and Lloyds shares surge on reports bank tax will be ‘lower than expected’
Shares in Britain’s banking giants surged ahead of John Healey’s maiden Budget after reports the Chancellor would raise taxes on the sector by a lower rate than originally expected. The UK’s lenders have been bracing for a tax raid despite defensive lobbying from City chiefs. Healey is expected to increase the banking surcharge that sits [...]
28 Oct, 11:23
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