Barclays boss warns UK government on wages and bank taxes
CS Venkatakrishnan urges chancellor to avoid raising levies on banks in Autumn Budget
CS Venkatakrishnan urges chancellor to avoid raising levies on banks in Autumn Budget

Chancellor under pressure from some Labour MPs to raise levies on business this week

Chancellor acknowledges lenders already pay high levels of tax by international standards

The chancellor must initiate lasting reforms to raise revenue and cut costs

HSBC and Barclays executives tell House of Lords committee that they are losing ground to US rivals

A tax raid on lenders would damage the government’s growth agenda, executives warn

Fewer restrictions on financial sector pay following changes by central bank