CS Venkatakrishnan, the boss of Barclays, warned Rachel Reeves against ‘milking the financial sector’ - Bess Adler/Bloomberg The boss of Barclays has urged Rachel Reeves not to tax economic growth “out of existence” amid fears the Chancellor will raise levies in November’s Budget. In particular, CS Venkatakrishnan warned the Chancellor against “milking the financial sector” by introducing a new tax on banks. In an interview with CNBC, he said: “It stifles competition, stifles growth. You need to encoura ...