Chancellor John Healey has been presented with a plan to tax oil firms and banks further as bosses in the sectors have posted huge profits, according to reports. Healey may look to tax businesses at this year’s Budget in order to rebuild a partly-eroded £22.7bn fiscal buffer, and fill spending pledges for defence and the [...]
Back to Business
Business
August 30, 2026 at 8:54 AM
Treasury ‘tells Healey’ to consider tax on banks and oil
CityAM