Lloyds chief urges UK policymakers to keep their hands of banks’ profits

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Lloyds chief urges UK policymakers to keep their hands of banks’ profits - short news

CEO Charlie Nunn calls for measures such a windfall tax to be ruled out before next general election

The chief executive of Lloyds Banking Group has fired a warning shot at UK policymakers, saying measures such as a windfall tax on banks should be ruled out before what is expected to be a hard-fought election year.

With Labour largely silent on its plans for City regulation despite its current commanding lead in the polls, Charlie Nunn said City firms and investors alike were..

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source: The Guardian - 28.11.2023