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Chancellor set to rule out tax hikes on banks - report

By Abigail Townsend

Date: Thursday 06 Nov 2025

(Sharecast News) - UK bank shares rallied on Thursday, on reports chancellor Rachel Reeves was minded to rule out increasing taxes on the sector.
The chancellor is due to present her Budget at the end of the month, and is widely expected to hike taxes as she struggles to balance soaring...

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