Reeves’s Tax Rises Are Incompatible with Growth, Warns Lloyds Boss

NatWest boss urges Reeves to abandon City tax raid

NatWest boss Paul Thwaite has become the latest bank boss to warn Rachel Reeves against a tax raid on the City, saying: 'Strong economies need strong banks.'

Rachel Reeves urged to halt 'wealth exodus' with immediate action

The Chancellor is told she risks a 'disaster for Britain' if she bows to Labour pressure and introduces a wealth tax

Reeves’s tax rises are incompatible with growth, warns Lloyds boss

Charlie Nunn says Chancellor should revisit regulations introduced after 2008 financial crisis

Reeves Tax Raid Blamed for Mounting Job Losses

Job cuts are gathering pace again as the full force of Rachel Reeves’ ‘Awful April’ tax raid hammers through the economy. According to the latest S&P

Lloyds boss sends huge 6 word alert over Rachel Reeves’s potential tax hikes

The Chancellor Rachel Reeves has been warned that she cannot achieve her planned reforms whilst continuing with plans to raise taxes. The warning came from Charlie Nunn, the chief executive of Lloyds Banking Group, who told Reeves that enhanced taxes will negatively impact the UK’s competitiveness and offset any gains made by reducing red tape. Addressing the plans laid out by the Chancellor in her Mansion House speech, Nunn warned that they “wo…