The UK Finance industry group has informed the Chancellor of the Exchequer, John Healey, that measures in the autumn budget to raise industry taxes could harm the UK’s international competitiveness. (Sky News) It reports and cites a letter sent by the organization on Thursday.

  Members of the industry association include Barclays, HSBC, Lloyds Banking Group, and the Nationwide Westminster Bank Group.

  The warning said that further increases in bank-sector taxation could “harm the UK’s international competitiveness.”