Friday, 16 October 2026

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Target pensions or welfare, not banks, IMF tells John Healey

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 John Healey to target savings on pensions and welfare, instead of taxing Britain’s banks at the budget later this month.Helge Berger, deputy director…

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 John Healey to target savings on pensions and welfare, instead of taxing Britain’s banks at the budget later this month.Helge Berger, deputy director…

Read the full story on Business | The Guardian

Source: Business | The Guardian

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