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UK Treasury minister defends bank tax hike after 'gherkin' criticism

CNBC World •
October 29, 2026 • 09:58 AM
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Speaking to CNBC’s Ian King, U.K. Economic Secretary to the Treasury Lucy Rigby says the 15-month bank tax increase announced in the budget will help ease pressure on households amid global volatility.

UK Treasury minister defends bank tax hike after 'gherkin' criticism

Speaking to CNBC’s Ian King, U.K. Economic Secretary to the Treasury Lucy Rigby says the 15-month bank tax increase announced in the budget will help ease pressure on households amid global volatility.

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