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Is London really the most-taxed city? Banks accused of cherrypicking data

Lobby group’s figures, shared with John Healey, are misleading as they do not include major rival Paris, say campaigners A banking lobby group has been accused of cherrypicking data and trying to mislead the British government by claiming a tax rise for banks at next week’s budget would leave London less competitive than rival financial hubs. UK Finance, which represents banks including Lloyds, JP Morgan and…

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Is London really the most-taxed city? Banks accused of cherrypicking data
Hoto: The Guardian Business

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Lobby group’s figures, shared with John Healey, are misleading as they do not include major rival Paris, say campaigners A banking lobby group has been accused of cherrypicking data and trying to mislead the British government by claiming a tax rise for banks at next week’s budget would leave London less competitive than rival financial hubs. UK Finance, which represents banks including Lloyds, JP Morgan and…

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