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Evening Standard
Evening Standard
Business
Sophie Wingate

John Healey urged to hike taxes on banks’ ‘bumper profits’ in Budget

Chancellor of the Exchequer John Healey has been urged to hike taxes on banks (Peter Byrne/PA) - (PA Wire)

A union chief has called for a tax hike on the “bumper profits” of banks amid speculation John Healey is planning a raid on the financial services sector in the Budget.

The Chancellor is seeking ways to raise revenue and keep the UK’s budget deficit under control in the face of soaring government borrowing costs.

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