FINNENCE ▪ THE WIRE FILE
THE WIRE · № 83958
News▼ Bearish
Banking tax raid fears hit London lenders' shares ahead of crucial budget
KINDNews
DIRECTION▼ Bearish
SOURCES1
ENTITIES2
STORY SIZESTANDALONE
FIRST SEEN
LAST UPDATE
STATEactive
01 THE MACHINE READ
WHY IT MATTERS.
A possible UK bank profit surcharge ahead of the Oct. 28 Budget pressures lender earnings and UK financials.
UK budget risk weighs on bank shares
CATALYST TO WATCH
Oct. 28 Budget details on the surcharge
MAIN RISK
Surcharge may not be enacted
FULL DISPATCH
Shares in some U.K. banks fell Friday after reports that the government is considering a higher surcharge on bank profits in the Oct. 28 Budget.
02 THE STORY SO FAR
THE RECORD, IN ORDER.
STANDALONE ITEM — NOT YET FOLDED INTO A DEVELOPING STORY.
03 WHO'S INVOLVED
ENTITIES ON FILE.
CONTEXTBanks
AFFECTEDEurope
04 RECEIPTS
THE SOURCE RECORD.
1 SOURCES CONFIRMED05 PROPAGATION
WHAT THIS TOUCHES.
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KEEP READING THE MACHINE
Summaries are generated and may contain errors — every claim links its sources.