46 h. ago FTSE 100 Live 14 November: Index weakens, banks and builders fall amid tax u

Chancellor Rachel Reeves has reportedly abandoned plans to raise income tax on November 26.

Economics

2 d. ago It would be financial suicide to levy a £30 billion windfall tax on banks

Our banks would have to consider severely curtail lending if the Lib Dem suggestion is ever implemented

Economics

1 week ago UK's Reeves set to spare banks from budget tax raid, FT reports

UK's Reeves set to spare banks from budget tax raid, FT reports  Reuters

Economics

2 w. ago UK Bank Tax Jitters Grip City of London as Reeves’s Budget Nears

UK Bank Tax Jitters Grip City of London as Reeves’s Budget Nears  Bloomberg.com

Economics

2 w. ago Londoners face rocketing council tax bills as half of boroughs warn of bankruptcy by 2028

London’s town halls will be £4.7 billion short of covering the costs of providing services by 2029, resulting in “inevitable” cuts and council tax rises

Events

2 w. ago Mansion tax idea is incoherent, former Bank of England boss warns Reeves

Lord King, who ran the Bank of England for ten years, said problems will not be resolved by ‘just adding another wealth tax’

Events

3 w. ago NatWest boss warns of bond market backlash against bank windfall tax

The chief executive of NatWest has warned Rachel Reeves against slapping a windfall tax on banks, as the sector's profits soar.

Economics

3 w. ago Barclays earnings dip after raising car finance compensation bill to £325m

The banking group made a pre-tax profit of £2.1 billion for the third quarter, between July and September, down 7% on the prior year.

Economics

3 w. ago Rachel Reeves urged to hike tax on banks’ 'bumper profits' to raise cash

Chancellor Rachel Reeves is being urged to increase tax on banks’ 'bumper profits' to raise investment for Britain's strugglinh hospitals, schools and local councils.

Economics

4 w. ago HMRC to begin taking money from bank accounts in bid to close £47bn tax gap

Tax authorities resume use of power after it was paused during pandemic

Economics