Lloyds executive criticises Healey for linking bank tax rises to energy bill support

Lloyds executive criticises Healey for linking bank tax rises to energy bill support

Lloyds' chief financial officer has criticised Chancellor Jeremy Healey's proposal to tie increased bank levies to the government's energy‑bill relief scheme. He said the tax hike could hinder banks, which supply vital loans for business expansion, and expressed hope the measure will be short‑lived. The CFO urged a focus on supporting growth rather than punitive taxation.