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Rachel Healey
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- 1City bosses warn Healey bank tax hikes could push business out of UK▼City bosses warn Healey hiking bank taxes could drive business out of UK https://www.standard.co.uk/business/business-ne
City business leaders are warning Chancellor Rachel Healey that raising bank taxes in the budget could drive financial firms out of the UK. Groups including the Confederation of British Industry and the Trades Union Congress are involved in the budget debate, with business figures cautioning that higher levies on banks risk prompting relocations abroad.
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Reuters reports that UK finance minister Rachel Healey is weighing her options ahead of the October 28 budget. Details of the specific measures under consideration were not given in the report. The budget is expected to be a key moment for the government's economic and fiscal plans.