HSBC has lowered its UK growth forecast on the eve of the Budget after reporting a sharp rise in profits, prompting renewed calls for a windfall tax on banks.
HSBC cuts UK growth forecast as profits jump and windfall tax calls grow
HSBC has lowered its UK growth forecast on the eve of the Budget after reporting a sharp rise in profits, prompting renewed calls for a windfall tax on banks.
This item was produced with AI assistance under the editorial responsibility of Haydamax OÜ.
Monitoring item. The full text is not distributed. Extract and source below.