Lloyds executive criticises Healey for linking bank tax rises to energy bill support
Bank’s chief financial officer hopes measure in budget is temporary as sector provides loans that could fuel growth A top Lloyds Banking Group executive has criticised the chancellor for linking bank tax increases to energy bill support for UK households, as he warned the government against extending the higher levy beyond March 2028. Lloyds’ chief financial officer, William Chalmers, acknowledged that the…
Story summary
Bank’s chief financial officer hopes measure in budget is temporary as sector provides loans that could fuel growth A top Lloyds Banking Group executive has criticised the chancellor for linking bank tax increases to energy bill support for UK households, as he warned the government against extending the higher levy beyond March 2028. Lloyds’ chief financial officer, William Chalmers, acknowledged that the…
Follow the latest stories from trusted publishers with concise summaries. Open the original source link for details.