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British banks slam UK Treasury's bank levy plan

In his budget speech on March 16, Mr Osborne is expected to unveil more austerity measures to meet a legally binding pledge of a fiscal surplus by the end of the decade.


BRITAIN'S banks have criticised the UK Treasury's plan to pare back the scope of the bank levy to lenders' domestic businesses only, warning that international operations could still be subject to taxation after the changes.

Under the government's current proposal, funds...

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