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UK Bank Stocks Slump as Windfall Tax Talks Escalate
August 31, 2025
|The Sunday Guardian
UK bank shares plunge amid speculation of windfall tax hitting profits.
Shares of Britain's biggest banks fell sharply on Friday, erasing billions in market value amid fears that the government may impose a windfall tax on financial institutions. Barclays, NatWest, and Lloyds were among the hardest hit, with stock values tumbling as much as 6 percent in early trading. The proposed levy would target extraordinary profits generated during years of low interest rates and pandemic-era policies that disproportionately benefited banks.
هذه القصة من طبعة August 31, 2025 من The Sunday Guardian.
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