Banks say Healey is planning Budget tax raid on their profits
Senior banking executives have told the BBC they expect to be "on the menu" in the chancellor's Budget tax later this month.
BBC News reports: Senior banking executives have told the BBC they expect to be "on the menu" in the chancellor's Budget tax later this month.
This business story centres on the United Kingdom. Names and organisations mentioned in the coverage include Budget and Healey.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- United Kingdom · Europe
- Reported by
- BBC News
- First reported
- Key names
- Budget, Healey
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at BBC NewsSpotted an error? Request a correction · How this summary was produced
Related Stories
UK economy grew 0.1% in August ahead of Healey's first Budget
The uptick helped the economy grow by 0.7% over the three months to August, official figures show.
Faisal Islam: What surprise praise for UK economy tells us about the Budget
On three occasions in the past 24 hours, top IMF officials have praised UK plans to reduce its annual levels of borrowing.
UK growth upgraded but energy prices and rates to bite in 2027
The IMF report comes as final preparations are being made to the first Budget under Prime Minister Andy Burham.
'I'd spend $1,000 on a wedding present'
New Yorkers share how much they spend on a wedding gift - and how they decide.
BNY stock pops on strong earnings — showing exactly why we like this bank in this market
Wall Street clearly liked what it heard on the post-earnings conference call because BNY stock went from flat to up more than 3% on the day.
Equal-weight failed. Now tech stocks look shaky again. So what should you do about S&P 500 risk?
In 2025 and into 2026 investors were told to avoid S&P 500 tech stock risk by moving to equal-weight.
The water torture goes on at Thames. Sector-wide reform isn’t moving much faster | Nils Pratley
Here we are – more than two years later – and the Thames script has barely advanced.
Warner Bros. Studios Leavesden Revenues Climb 11% to $390 Million Thanks to ‘Harry Potter’ Tour, Increased Production (EXCLUSIVE)
Studios Leavesden, the studio’s flagship U.K. production hub, saw revenues climb 11% year-on-year, according to its latest financial accounts.