Login
Lloyds boss warns Budget's bank tax increase ‘unhelpful’ to economic growth
Chancellor John Healey announced banks will have to pay an extra 3 per cent on their corporation tax surcharge from January, bringing the rate to 6 per cent
© AFP/Getty
Reading view
Lloyds reports profit increase as bank gets boost from higher rates
The results come a day after the Chancellor said in the Budget that he would be temporarily hiking bank taxes.
© PA Archive
Bank taxes to rise by less than some feared to help fund ‘breathing space’
Banks will pay an extra 3% on the corporation tax surcharge from January, and for 15 months.
S4 Capital shares tumble after sales hit by sluggish marketing spend
S4 said tech clients were continuing to prioritise spending on AI infrastructure over marketing budgets.
© Alamy/PA
Aston Martin’s Valhalla supercar drives sales growth as losses narrow
The carmaker said it was on track for about 500 Valhalla Coupe deliveries by the end of the year.
© PA Archive
Santander UK bolstered by TSB takeover as it targets cost ‘synergies’
Santander said it was still integrating the smaller rival after nearly 1,000 of its staff transferred over.
© PA Archive
HSBC quarterly profit surge sparks fresh calls for bank tax hike in Budget
Pam Kaur, the banking group’s chief financial officer, said there was ‘no pressure’ on the bank despite facing the prospect of higher costs.
© PA Wire
Number of distressed businesses hits two-decade high on eve of Budget
There were 738,144 UK businesses in ‘significant’ distress in the third quarter of 2026, according to new research.
© PA Archive
HSBC profits surge by a third as cost-cutting exceeds target
The banking giant said it had made bigger savings than it originally set out to do.
© PA Archive
