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Source:
The Guardian
Chancellor to present budget to wealth creators
Barclays CEO CS Venkatakrishnan indicated support for the UK government's planned bank tax hikes, which are expected to be a key feature of the upcoming budget. He emphasized that the bank is already partially outside the UK and that the additional taxes are manageable, expressing respect for the chancellor's decisions. Meanwhile, bank leaders and some politicians continue to lobby against further tax increases on the financial sector.
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