Treasury ‘Tells Healey’ to Consider Tax on Banks and Oil

Treasury ‘tells Healey’ to consider tax on banks and oil

Chancellor John Healey has been presented with a plan to tax oil firms and banks further as bosses in the sectors have posted huge profits, according to reports.  Healey may look to tax businesses at this year’s Budget in order to rebuild a partly-eroded £22.7bn fiscal buffer, and fill spending pledges for defence and the [...]

John Healey eyes windfall tax raid on banks and oil giants ahead of Autumn Budget

John Healey eyes windfall tax raid on banks and oil giants ahead of Autumn Budget . Chancellor John Healey is preparing to target some of Britain's most profitable industries as he searches for billions to shore up the public finances

Healey ‘considers windfall tax on banks and oil companies in first Budget’

John Healey is looking to avoid increasing taxes on the public - but must find other ways to plug a gap in public finances