The UK Treasury stated that the new growth tax credit will allow large banks more flexibility in using a limited portion of their balance sheets, and the reforms will also give the Prudential Regulation Authority greater flexibility to update and adj

2026-05-18

The UK Treasury stated that the new growth tax credit will allow large banks more flexibility in using a limited portion of their balance sheets, and the reforms will also give the Prudential Regulation Authority greater flexibility to update and adjust the rules over time.