MINUTES
About Minutes
Back to latest

EconomyLloyds executive criticises Healey for tying bank tax rises to energy-bill aid

Lloyds CFO William Chalmers criticised Chancellor John Healey’s decision to link higher bank taxes to energy-bill support for UK households. He hopes the levy increase will remain temporary, warning that banks’ lending supports growth and questioning the connection between energy prices and bank taxes. Lloyds reported quarterly pre-tax profit of £2.3bn, up from £1.2bn a year earlier.

UK bankingLloydsbank taxenergy bills

TThe Guardian★★★☆☆2026-10-29 10:31Original

Lloyds executive criticises Healey for tying bank tax rises to energy-bill aid
Lloyds executive criticises Healey for tying bank tax rises to energy-bill aidEconomy