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London-listed bank slams 'monumentally mishandled' Budget
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London-listed bank slams 'monumentally mishandled' Budget
A London-listed bank has given its scathing assessment of Rachel Reeves’ second Autumn Budget and warned of the impact it will have on consumer confidence. S&U – which was founded in 1938 and once known as Sports and Utilities – said the performance of its motor finance and property financing arms was “remarkably resilient given the chaotic and monumentally mishandled recent Budget”. The Chancellor raised taxes to the tune of £26bn on November 2…
·London, United Kingdom
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