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British banking giants deliver tax rise warning to new chancellor

Summary

Britain's biggest banks have fired a renewed warning to the government against hiking taxes on the industry as John Healey, the new chancellor, prepares to deliver his inaugural Budget in October.

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Sky News UK

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British banking giants deliver tax rise warning to new chancellor

The influential trade association UK Finance has told John Healey that industry tax rises in his autumn Budget would risk damaging Britain's international competitiveness in a letter obtained by Sky News.

10 hours ago·United Kingdom

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50% Right

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Sky News UK broke the news in United Kingdom 10 hours ago on Thursday, August 20, 2026.

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British banking giants deliver tax rise warning to new chancellor

2 Articles

2 Articles

British banking giants deliver tax rise warning to new chancellor

Coverage Details

Bias Distribution

Factuality

Ownership

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British banking giants deliver tax rise warning to new chancellor

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British banking giants deliver tax rise warning to new chancellor

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