Lloyds fires bank tax warning shot as industry ‘ripe for cash grab’

City AM City AM

Lloyds gave a market update on Wednesday.https://www.cityam.com/wp-content/uploads/2024/12/Lloyds-Bank-1200-x800-2-2.webp?w=1107" />

Lloyds Banking Group has warned the Treasury not to look at the banks for a tax raid as the industry sets its sights on booming profits in 2026.

The FTSE 100 giant beat profit expectations by a cool £200m in the first-quarter after booking £2bn.

This was also followed up by an upgrade to its https://www.cityam.com/lloyds-fires-bank-tax-warning-shot-as-industry-ripe-for-cash-grab/">[...]

Read full article at City AM →