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EU News Forge > Blog > Economics > John Healey poised to raise taxes on banks
Economics

John Healey poised to raise taxes on banks

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Last updated: October 15, 2026 6:00 pm
admin
5 hours ago
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Exclusive: Chancellor to target sector in his first budget to help offset damage caused by Iran war on public finances

John Healey is poised to tax Britain’s banks in his 28 October budget, to help offset the damage inflicted on the public finances by war in the Middle East, the Guardian understands.

The chancellor is in Bangkok, where the International Monetary Fund has praised the UK’s progress towards balancing the books, urging him to “stay the course”.

Continue reading…

Source: Guardian Economics

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TAGGED:Banks and building societiesBudget 2026Economic policyJohn HealeyTax and spending
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