Banks braced for Budget battering - as unions claim whopping 35% windfall tax would raise £60bn
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John Healey is expected to implement a strict financial measure against banks today. This move comes shortly after HSBC reported significant profits. Unions claim a windfall tax of 35% could generate 60 billion pounds. This situation has sparked a dispute ahead of the Budget.
John Healey looks set to launch a punishing raid on banks today just hours after bumper profits at HSBC sparked an eve of Budget row over windfall taxes.
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