Natwest and Nationwide set for biggest profit hit from Healey’s bank tax raid

City AM ·
Economy Markets United Kingdom
United Kingdom

Natwest, Nationwide and Lloyds are set to feel the biggest hit to profit from John Healey’s bank tax raid, analysts have said. The trio of British banks, which have a larger domestic focus than their peers HSBC and Barclays, are the most exposed to Healey’s doubling of the surcharge, according to analysts at RBC. The [...]

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