U.K. Chancellor, George Osborne, has increased the government’s bank levy by £800 million, Financial Times reports. The move will help the government raise £2.5 billion from the tax in the current financial year ending in April, more than the previously expected £1.7 billion.

Osborne will also require banks to reveal the salaries of more highly paid decision-making bank executives. U.K. banks will provide more than £1 billion in equity funding to small companies to help boost regional growth as part of a deal between Westminster and the City.

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