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Evening Standard
Evening Standard
Business
Graeme Evans

FTSE 100 Live 29 August: Tax raid fears hit banking shares, US inflation data in focus

United States Rachel Reeves Bank of England Graeme Evans

FTSE 100 banking stocks are under pressure after a think tank urged Rachel Reeves to consider tax raid on major firms such as Barclays, Lloyds and NatWest.

Meanwhile, stock market sentiment will be tested later when figures in the US show the impact of tariffs on the prices of goods and services.

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