City AM
City AM
UK · 4 mins ago

Treasury ‘tells Healey’ to consider tax on banks and oil

Chancellor John Healey has been presented with a plan to tax oil firms and banks further as bosses in the sectors have posted huge profits, according to reports.  Healey may look to tax businesses at this year’s Budget in order to rebuild a partly-eroded £22.7bn fiscal buffer, and fill spending pledges for defence and the…
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