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London Info · Aug 20, 2026

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Britain’s biggest banks have warned new Chancellor John Healey against raising taxes on the sector in his October Budget, saying it could damage the UK’s international competitiveness. UK Finance says banks already face a 46.6% total tax rate and paid more than £43bn in taxes last year, as calls grow for a windfall tax. Join London Info for Immediate Updates from London's Jewish Communities. To Join LondonInfo Status To Join a LondonInfo News Group

Britain’s biggest banks have warned new Chancellor John Healey against raising taxes on the sector in his October Budget, saying it could damage the UK’s international competitiveness. UK Finance says banks already face a 46.6% total tax rate and paid more than £43bn in taxes last year, as calls grow for a windfall tax. *Join London Info for Immediate Updates from London's Jewish Communities.* To Join *LondonInfo Status* https://wa.me/+447471241799?text=Signup To Join a *LondonInfo News Group* https://chat.whatsapp.com/LDBLGUbAkA505NNbwAE6QJ

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