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UK Chancellor Healey calls banks vital to economy amid questions on possible bank tax

Image from The Guardian's coverage: Chancellor John Healey says banks are part of ‘jewel in the crown’ of UK economy, amid budget tax speculation – business livePhoto: The Guardian

How coverage differs The Guardian also highlights better-than-forecast growth and possible Bank of England rate implications; Reuters centers on reporters pressing Healey about a windfall tax on bank profits.

John Healey, described as the UK's finance chief, said banks are central to the country's economic future and part of its economic 'jewel,' speaking to reporters at the IMF meeting in Bangkok. He was responding to speculation about a possible tax on banks' large profits. The Guardian adds that stronger-than-forecast growth figures help him but could prompt an earlier interest rate rise.

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