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UK politics
fromwww.theguardian.com
3 weeks ago

UK must resist raising taxes on banks, says NatWest boss as profits leap 30%

Raising taxes on banks risks deterring long-term investment and could weaken banks' capacity to support customers and economic growth.
UK politics
fromBusiness Matters
2 months ago

Barclays chief urges ministers to curb public sector pay and resist bank tax hikes

Curb government spending and wage-driven inflation while avoiding higher taxes or windfall levies on banks to protect London's financial competitiveness.
fromwww.theguardian.com
2 months ago

Barclays boss urges UK ministers to limit public sector pay rises

Venkatakrishnan said that, while the government needed to restrict rising public sector wages, the inflationary impact of pay rises was an issue across the UK economy. While UK wage growth has slowed in recent months it is still running at an annual rate of 5.7% in the public sector, excluding bonuses. Private sector wage growth is running at an average of 4.8%.
Business
UK news
fromwww.theguardian.com
3 months ago

Lloyds boss warns Reeves against hiking taxes on banks as profits rise 17%

Increasing taxes on banks could damage Labour's economic recovery plan for the City of London.
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