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Sadiq Khan Urges Banks to Stay in London as Tax Raid Looms

Michael Marra says the Budget should target banks after they made about £15 billion in profits in six months.

Summary by City AM
Sadiq Khan has urged London’s biggest banks to keep investing in the UK, ahead of an expected tax raid on the sector in the upcoming Budget. On Monday, the Mayor of London said the City’s banking sector is “really important” but refused to say whether he opposed the tax raid, adding that “those with broader [...]

6 Articles

The IndependentThe Independent
+2 Reposted by 2 other sources
Lean Left

Tax the banks to save households £290 on energy bills at Budget, Healey urged

Exclusive: Energy secretary’s former think tank calls for package worth £6bn ahead of the fiscal event

·London, United Kingdom
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Lean Right

Normally, the presentation of the British Budgets is one of the great moments of the political course in that country. The image of the Finance Minister with the...

·Madrid, Spain
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  • 40% of the sources lean Left, 40% of the sources lean Right
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El Mundo broke the news in Madrid, Spain on Monday, October 26, 2026.
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