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UK government doubles bank tax to fund energy aid

3 statements from 3 sources on Oct 28, 2026, 14:20–17:15 UTC
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Statements (3)

  1. Neutral

    The UK government has doubled the bank interest rate to help finance social measures.

    jornaldenegocios.ptHigh importance
  2. Bearish

    The UK government will temporarily double the bank profit tax rate from 3% to 6% starting in January 2027 to fund household aid.

    lefigaro.frHigh importance
  3. Bearish

    The UK government of Burnham will temporarily double the tax rate on bank profits from 3% to 6% to fund energy aid

    bfmtv.comHigh importance