Business

Budget tax raid on banks would be an 'own goal' for the UK economy, CBI warns Healey

Daily Mail Money · 20 October 2026 at 23:59

Budget tax raid on banks would be an 'own goal' for the UK economy, CBI warns Healey

In a last-ditch pre-Budget plea, Confederation of British Industry chief Rain Newton-Smith argues that such a move would hurt Britain's competitiveness.

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Budget tax raid on banks would be an 'own goal' for the UK economy, CBI warns Healey

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