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JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks
Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in CityBusiness live – latest updatesJamie Dimon, the boss of the US bank JP Morgan, has urged John Healey not to use his first budget as chancellor to increase taxes on banks’ bumper profits.Speculation has been growing that a windfall tax could be imposed on UK lenders to fund Andy Burnham’s
Published Monday, 17 August 2026 at 12:26
Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in CityBusiness live – latest updatesJamie Dimon, the boss of the US bank JP Morgan, has urged John Healey not to use his first budget as chancellor to increase taxes on banks’ bumper profits.Speculation has been growing that a windfall tax could be imposed on UK lenders to fund Andy Burnham’s cost of living agenda, with campaigners estimating such a move could raise £19bn. Continue reading...
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