Banking tax raid fears hit London lenders' shares ahead of crucial budget

A finance story from the U.S., reported by CNBC Top News.

Finance · the U.S. · October 16, 2026

From CNBC Top News

Shares in some U.K. banks fell Friday after reports that the government is considering a higher surcharge on bank profits in the Oct. 28 Budget.

Reported by CNBC Top News, October 16, 2026. Read the full story at CNBC Top News →

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