While some bank stocks rallied to their highest levels in 17 years, financiers were stewing over how they’ll be personally affected by Chancellor of the Exchequer
A variety of measures will impact City of London workers more than most, including a move to cap tax-efficient pension contributions and a plan to impose a levy on homes valued at more than £2 million. New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the gloom.
“The budget has ...