Key Takeaway
Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in the CityJamie 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…
Published August 17, 2026 · Category: News
Overview
Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in the City
Jamie 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.
Details
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.
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Source
Originally published at www.theguardian.com.
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What is "JP Morgan boss Jamie Dimon warns UK chancellor not to hike taxes on banks" about?+
Billionaire CEO of world’s biggest bank says any windfall tax on sector’s bumper profits could harm jobs in the CityJamie 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...
Who reported this story?+
This story was reported by The Guardian World.