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Chancellor John Healey plots bank tax hike to raise £2bn as lenders warn it could cost UK economy £20bn

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JOHN Healey is set to launch a £20billion raid on banks to plug part of a black hole in the public finances. The Chancellor, who yesterday branded financial institutions “the jewel in the British economic crown”, is lining up a hike in the surcharge on their profits above £100million from three per cent to eight…

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