Business

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

Lloyds’s chief financial officer, William Chalmers, acknowledged that the economic environment was “challenging” but said the government should not seek to ease pressure on households at the expense of the banking sector as it provides loans that could fuel UK growth.

✦ Extractive summary — built from the sources' own reporting•From 2 sources•1 min read•Updated October 29, 2026, 10:31 AM UTC

The chancellor targets the cost of living amid global economic turmoil but opposition parties say he has not been bold enough.

How this summary was made: extractive summary — built from the sources' own reporting. It is drawn only from the reporting of the sources listed below — read the originals for full detail. How we summarize →

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Every article behind this summary — 2 articles from 2 outlets