Why the City isn’t buying a ‘time-limited’ bank tax hike

City AM ·
Economy United Kingdom
United Kingdom

John Healey may have opened Pandora’s Box with an increase to the UK bank surcharge. Samuel Norman looks at whether he will resist the temptation to extend it. Few things in British politics have proved to be as permanent as a “temporary” tax. When the Conservatives introduced the 25 per cent energy profits levy in [...]

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