Exclusive: Lloyds boss warns towards tax raid on banks and influence of motor finance comp scheme

The chief government of Lloyds Banking Group has warned {that a} tax raid on the banks within the forthcoming finances may hurt lending to households and companies.

In an unique interview with Sky News, Charlie Nunn urged the chancellor to disregard requires a windfall tax on industrial banks.

He additionally mentioned the proposals for a motor finance compensation scheme being deliberate may value the trade 20 years of profitability.

#banking #cash #enterprise

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