Banking tax raid fears hit London lenders' shares ahead of crucial budget
Shares in some U.K. banks fell Friday after reports that the government is considering a higher surcharge on bank profits in the Oct. 28 Budget.
According to CNBC, shares in some U.K. banks fell Friday after reports that the government is considering a higher surcharge on bank profits in the Oct. 28 Budget.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include London, Oct and Budget.
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- United Kingdom · Europe
- Reported by
- CNBC
- First reported
- Key names
- London, Oct, Budget
- Section
- Business
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