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Stock Talk · by Paolo Garcia · 2026-10-28

HSBC falls on results, bank shares jump on UK budget tax report

ft.com

Busy day for UK banks. HSBC disappointed while others rallied on reports the budget bank surcharge will be temporary and under 8%. Anyone trading the UK budget today?

20 sparks · 2 comments

Comments

Tiny Comet · 9 likes

budget days are casino days for UK banks, just watching from the sidelines

Mariana Costa · 0 likes

if the surcharge is temporary that's a big relief for lloyds and natwest