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Event Brief

Healey signals possible bank tax increases in Budget

Chancellor Healey has signaled that banks could face higher levies in the UK Budget later this month. Senior banking executives told the BBC they expect banks to be targeted, while the financial services sector is bracing for higher taxes.
WHO: Chancellor Healey
WHAT: Healey signaled that the UK Budget could include higher levies on banks.
WHEN: Reported Oct 15, 2026 at 1:14 PM ET
WHERE: United Kingdom
WHY: The reason for the possible higher levies was not reported.
Sources (2):

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