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UK Bank Shares Rise as Tax Raid Fears Ease Amid Budget Talks.
ByAinvest
Tuesday, Nov 25, 2025 4:32 am ET1min read
UK bank shares rose as fears eased of a budget tax raid on the sector. Barclays, Lloyds, and NatWest gained around 3% in early trading after the Financial Times reported that the sector would be spared from a tax hike. Bank bosses had argued that further taxes would run counter to the Treasury's commitment to maintaining a competitive financial sector.
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