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Labour backs away from bank windfall tax in bid to win over City

Labour is not looking at imposing a windfall tax on bank profits if it wins the general election on 4 July, according to reports.

Nic Cicutti: Labour may regret selling its soul to financial services

What do political parties deliver in return for donations from the financial-services industry and business more widely? At a time when the UK is preparing for a general election in a few months’ time, asking this question goes to the heart of what we might expect from a new government once it gets into office. We

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