- Chancellor John Healey is poised to tax Britain's banks in his 28 October budget, the Guardian reports.
- The tax is intended to offset damage to the public finances caused by war in the Middle East.
- The report is based on Guardian sourcing and describes planned policy ahead of the budget date.
Quotes
“John Healey is poised to tax Britain’s banks in his 28 October budget to help offset the damage inflicted on the public finances by war in the Middle East, the Guardian understands.”