Bank shares have been hit by Budget dramas.

Last week the House of Commons speaker reprimanded the Treasury for what he called a “hokey cokey” Budget .

“Can I just say it isn’t normal for a Budget to be put in the press,” Sir Lindsay Hoyle said in his dressing down of ministers.

“One minute it’s in, next minute it’s out.”

Few sectors have been ‘shaken all about’ on the road to 26 November more than banking – an industry which Reeves had spent months currying favour with.

Yet despite her soft spot for the banks, the back-and-forth leaks from the Treasury have left lenders on edge, with top bank stocks see-sawing as investors were rocked by a flurry of conflicting tax rumours.

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