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Bank loss relief restriction: UK financial services sector takes pre-election hit

17 December 2014

COMMENT: As we look to another general election in the UK in 2015, the latest Autumn Statement contained a further measure affecting the financial services sector. Whether this represents sensible long-term tax policy or is another short-term political ploy to appease voter antipathy by punishing the banks is something for you to decide.

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International Correspondents