Exclusive: Lloyds boss warns in opposition to tax raid on banks and affect of motor finance comp scheme

The chief government of Lloyds Banking Group has warned {that a} tax raid on the banks within the forthcoming price range 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 business banks.

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

#banking #cash #enterprise

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