UK Chancellor John Healey will raise the bank surcharge to 6% from 3% on profits above £100 million, an additional 3 percentage points. The government says the temporary measure will fund immediate support for household energy bills, takes effect in January and runs for 15 months.

2026-10-28

UK Chancellor John Healey will raise the bank surcharge to 6% from 3% on profits above £100 million, an additional 3 percentage points. The government says the temporary measure will fund immediate support for household energy bills, takes effect in January and runs for 15 months.