Bank expects ‘constructive, pro-growth agenda’ by chancellor next week and seeks to be part of itBusiness live – latest updatesLloyds Banking Group has backed the Labour government’s forthcoming budget and played down the impact of potential tax increases, which it said would probably be part of a “constructive, pro-growth agenda”.The UK’s biggest mortgage lender’s chief financial officer, William Chalmers, said he would welcome a budget package that was consistent with government pledges to kickstart growth and investment in key areas like energy, infrastructure and housing. Continue reading…
Source link : https://www.theguardian.com/business/2024/oct/23/lloyds-backs-reeves-budget-plans-despite-mooted-tax-increases
Author : Kalyeena Makortoff Banking correspondent
Publish date : 2024-10-23 10:43:00
Copyright for syndicated content belongs to the linked Source.
Lloyds backs Reeves budget plans despite mooted tax increases
