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News 2026-10-16 12:07 UTC

Raising bank tax is not best choice for UK budget, IMF says

By David Milliken BANGKOK, Oct 16 (Reuters) — British finance minister John Healey should favour property tax reform, broader sales taxes and better-targeted welfare spending ahead of raising taxes on banks or workers in his annual budget this month, the International Monetary Fund said on Friday. The IMF praised Briti