UK Raises Bank Tax Surcharge to 6% for 15 Months
Treasury chief John Healey confirmed in the October 28 budget that the surcharge on bank profits above a threshold will rise from 3% to 6% from January 2027 through March 2028.
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Treasury chief John Healey confirmed in the October 28 budget that the surcharge on bank profits above a threshold will rise from 3% to 6% from January 2027 through March 2028.
The surcharge rises from 3% to 6% from January 2027 through March 2028. The Treasury estimates the change will raise about £1.5 billion to help fund energy-bill support.
Sunbelt Rentals Holdings said first-quarter revenue rose 11% and rental revenue 13%, with adjusted EPS up 20.4% to a record $1.18. The company raised fiscal 2027 guidance for revenue, adjusted EBITDA and CapEx.