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UK Bank Shares Plunge Amid Fears of Crushing Tax Raid


UK Bank Shares Plunge Amid Fears of Crushing Tax Raid: The markets woke up to chaos this morning. Shares in Britain’s biggest banks—NatWest, Lloyds, and Barclays—tumbled sharply, spooking investors and rattling the financial sector. Why? Mounting fears that the UK government is about to unleash a brutal tax raid on banks in its upcoming autumn Budget.

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