HSBC boss: Rachel Reeves hiking bank tax would dent growth

The boss of FTSE 100 juggernaut HSBC has renewed calls for Rachel Reeves to avoid raising taxes on banks over fears it would harm economic growth. Georges Elhedery, HSBC’s chief executive, said on Wednesday banks’ further financial pressures on lenders could spark trouble for the UK economy. “Additional taxation on banks runs the risk of [...]