# UK banks say Healey is planning Budget raid on their profits

British banks claim Healey is preparing to target their profits with new taxes in the upcoming Budget, according to BBC Business. The lenders' warnings signal industry pushback ahead of the fiscal announcement, which could reshape bank earnings and lending. How far the plans go matters for both the sector and government revenue.

**Importance:** 3/5

## Sources

### Business
- [BBC Business](https://www.bbc.co.uk/news/articles/c32l4k2xdvrzo?at_medium=RSS&at_campaign=rss) — Thu, 15 Oct 2026 17:14:36 GMT