Is it time to increase taxes on the banks?

Sky's business correspondent Gurpreet Narwan looks at whether it's time to increase taxes on banks after Lloyds Banking Group's CEO warned a tax raid on the banks could harm lending to households and businesses.

Tuesday 21 October 2025 17:21, UK

Charlie Nunn urged the chancellor to ignore calls for a windfall tax on commercial banks, even though the sector is enjoying record profits.
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