Bankers and unions set for clash over possible Burnham tax raid on UK banks
Published: 2026-07-21 • Permanent link
City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’ Battle lines are being drawn between City bosses and trade unions over a possible tax raid on UK banks to help fund Andy Burnham’s package...
More details are emerging as this story continues to develop. Stay with Banking With Billy for ongoing coverage and analysis.
More details are emerging as this story continues to develop. Stay with Banking With Billy for ongoing coverage and analysis.
Why it matters: City bosses say move would be economically disastrous, but union leaders urge likely new PM to ignore ‘vested interests’ Battle lines are being drawn between City bosses and trade unions over a possible tax raid on UK banks to help fund An...
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