Windfall Tax Warning: NatWest CEO to Chancellor

Windfall Tax Showdown: NatWest CEO warns Chancellor Reeves against taxing booming bank profits, despite NatWest's own £4.4 billion earnings surge. Discover why banking bosses fear new taxes could backfire, impacting borrowing costs and savings rates for everyday customers, and potentially shaking investor confidence in the UK economy. With NatWest shares soaring and taxpayer ownership now history, can the government find a way to tax Britain's banks without derailing their success?The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.