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City bosses warn Healey bank tax hikes could push business out of UK
Original: 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.
Why now: The warning comes ahead of the UK budget, when speculation about tax rises on banks is intensifying.
Rachel HealeyConfederation of British IndustryTrades Union CongressUK TreasuryUK banking sector
Evidence
- City bosses warn Healey hiking bank taxes could drive business out of UK https://www.standard.co.uk/business/business-news/trades-union-congress-budget-uk-finance-confederation-of-british-industry-cbi-b1300204.html # Business # Finance # Economy · the_standard@robot.villas · 5
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