Supporters of planned tax, however, say banks were bailed out by taxpayers during the financial crisis and can afford to pay more nowJohn Healey poised to raise taxes on banks in budgetThe International Monetary Fund has urged...
Read MoreExclusive: Chancellor to target sector in his first budget to help offset damage caused by Iran war on public financesJohn Healey is poised to tax Britain’s banks in his 28 October budget, to help offset the damage inflicted on...
Read MoreWho is really in charge – the people or the markets? In the first episode of Radical Thinking, a new series from the Guardian, senior economics commentator Aditya Chakrabortty speaks to the former Greek finance minister Yanis...
Read MoreMPs send out letter as Israeli government seeks bids for construction of large E1 settlement in West BankBritish banks and financial institutions are receiving written warnings from MPs that they should not invest in Israel’s E1...
Read MoreWall Street billionaire tells Andy Burnham and John Healey ahead of October budget that hike could put investment at risk, it is understoodJamie Dimon, the chief executive of the largest US bank, JP Morgan, is understood to have...
Read MoreWall Street CEO holds meeting with John Healey amid speculation over windfall tax on banks in October budgetJamie Dimon, the chief executive of the largest US bank, JP Morgan, is understood to have warned the UK chancellor John...
Read MoreWall Street billionaire’s meeting with John Healey comes amid deep speculation over higher windfall tax on banks in October budgetJamie Dimon, the boss of the largest US bank JP Morgan, is set to warn John Healey against raising...
Read MoreBillionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in the CityJamie Dimon, the boss of the US bank JP Morgan, has urged John Healey not to use his first budget as chancellor...
Read MoreTUC leader says lender’s ‘bonanza’ quarterly profits of £3.3bn mean it ‘can easily afford to pay more tax’Business live – latest updatesBarclays has increased its banker bonus pool by nearly 30%after a rise in second-quarter...
Read MoreExperts say there will still be opportunities ahead in everything from teaching to hotels and the lawEntering the world of work often brings some uncertainty, but now there is another question: how can I AI-proof my career?We...
Read MoreCity bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’Battle lines are being drawn between City bosses and trade unions over a possible tax raid on UK banks to...
Read MoreAs Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousA rise in borrowing costs and warnings to avoid a “Liz Truss moment”. As Keir...
Read More