London, Oct 28, 2026 (AFP) - UK to lift tax rate on bank profits in budget: minister

NAMPA / AFP

2026-10-28

Britain's Labour government will increase a surcharge on profits earned by banks operating in the country to help offset soaring energy bills, finance minister John Healey said in his budget announcement Wednesday. The additional corporate tax rate will double to six percent to finance a one-off subsidy to millions of households struggling with higher energy costs, Healey told parliament. bcp/ajb/js ...

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Toronto, Canada, Oct 28, 2026 (AFP) - Canada hikes rates to contain oil price surge caused by Iran war

2026-10-28 16:30:33

London, Oct 28, 2026 (AFP) - UK hikes tax on bank profits to fund energy help

2026-10-28 16:30:33

Toronto, Canada, Oct 28, 2026 (AFP) - Bank of Canada raises key interest rate to 2.5%, citing high oil prices

2026-10-28 16:07:27

London, Oct 28, 2026 (AFP) - UK economy stronger than thought this year, to slow next: govt

2026-10-28 16:07:26

New York, Oct 28, 2026 (AFP) - US stocks rise as AI boosts tech shares

2026-10-28 16:07:26

, Oct 28, 2026 (Business Wire) - Press Release from Business Wire: RAK Media Office

2026-10-28 16:07:26

Washington, United States, Oct 28, 2026 (AFP) - US Fed expected to hold rates steady ahead of key midterm elections

2026-10-28 15:30:53

London, Oct 28, 2026 (AFP) - UK budget offers £100 energy support to 20 million households: minister

2026-10-28 15:30:53

Moscow, Oct 28, 2026 (AFP) - Russia woos African leaders at Moscow summit

2026-10-28 15:30:53

Washington, United States, Oct 28, 2026 (AFP) - World Bank warns of worsening food insecurity as commodity prices soar

2026-10-28 15:30:53

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