2min chapter

In the City cover image

The City's Radical Dream is Dead

In the City

CHAPTER

Will Bank Taxes Go Down Again?

Right now, corporation taxes are going back up to 25%. The big, big question is what do the banks pay in this 8% surcharge? If heard on all the earnings calls, if the banks get away with 28%, it could go all the way to 33%. And that will be a very clear message as a negative to the city of London.

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